# CRIM2000 Exam Prep Notes

## Subject notes for ANU CRIM2000

ANU

Semester 1, 2018

**CRIM2000 Exam Prep Notes**

13 pages

7,921 words

$29.00

**Description**

Topics separated into weeks, each with definition and some with a detailed explanation of graphs (marked 'with graph') - information from lectures and textbook.

Topics:

Rationality and attitude to risk

Risk Neutral

Risk Averse

Risk Seeking

Risk Continued

Risk Aversion and Decision to Offend (with graph)

Response of Risk Averse to Changing Expected Sanctions (with graph)

Risk Seeking and Decision to Offend (with graph)

Response to Risk Seekers to Changing Sanctions (with graph)

Freeman, Grogger and Sonstelie (1996) note

Neighbourhood Crime Model (with graph)

As the number of offenders in an area increases, the probability of conviction decreases – why? (with graph)

Neighbourhood Crime Model – Different Levels of Police effort (with graph)

Effects of a neighbourhood street gang (with graph)

The Self-Enforcement Model (with graph)

The Self-Enforcement Model With Temporary Police Action (with graph)

Cooperative equilibrium

Dominant strategy equilibrium

Nash equilibrium

Pure v/s Mixed Strategies

A Nash equilibrium in pure strategies

A Nash equilibrium in mixed strategies

How to solve mixed strategies- driver/ police example

Statistical Problems in Testing Determinants of Crime Rates

Testing the economics of crime model:

Errors in Variable Bias

Omitted variables Bias

Simultaneous equation bias

Instrumental variables

Incarceration

Separating the Effects of Time Spent in Prison on Crime

Simultaneous Equation Bias

Natural Experiments ‘

Direct Testing for Incapacitation Effects on Crime - Problems with this Equation

Why does juvenile crime need special attention?

Deterrence and the supply of juvenile crime

Neighbourhood location and crime

Problems with study

Broken windows hypothesis

Market for drugs with sanctions on dealers and users (with graph)

Economic behind criminalizing a psychoactive substance

Using the market for crime model to analyze taxation versus criminalization (with graph)

Benefit/cost analysis of the choice of taxation versus criminalization (with graph) - 2 examples

Author

**Georgia**

Campus

ANU, Acton

Member since

**February 2017**