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Date: April 29, 2024 Mon

Time: 10:35 pm

Results for robbery (italy)

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Author: Mastrobuoni, Giovanni

Title: Optimizing Behavior During Bank Robberies: Theory and Evidence on the Two Minute Rule

Summary: I use data on individual bank robberies to estimate the distribution of criminals' disutility of jail. The identification rests on the money versus risk trade-off that criminals face when deciding whether to stay an additional minute while robbing the bank. The observed (optimal) duration of successful robberies identifies the individual compensating variation of jail, called disutility of jail. The distribution of the disutility which is often assumed to be degenerate, resembles instead an earnings distribution, and highlights heterogeneity in the response to deterrence. General deterrence effects are increasing in criminal's disutility.

Details: Unpublished paper, 2014. 50p.

Source: Internet Resource: Accessed May 13, 2015 at: http://www.ceistorvergata.it/public/ceis/file/seminari/2014/mastrobuoni.pdf

Year: 2014

Country: Italy

URL: http://www.ceistorvergata.it/public/ceis/file/seminari/2014/mastrobuoni.pdf

Shelf Number: 135622

Keywords:
Deterrence
Punishment
Robbers
Robbery
Robbery (Italy)
Sentencing Enhancements