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Is Harsher Punishment the Solution?: A Cost-benefit Analysis of a Swedish Crime Policy
Linköping University, Department of Management and Engineering, Economics.
Linköping University, Department of Management and Engineering, Economics.
2019 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

In this thesis we analyse the economic effects of a policy proposal in Sweden, which implies a removal of the sentence reduction for 18- to 20-year-old offenders. We use a cost-benefit analysis (CBA) to systematically assess its effects. Our results indicate that the policy proposal is most likely beneficial to society, a conclusion which is strengthened by our sensitivity analysis. Our CBA builds upon Becker’s (1968) economic model of crime, and the extensive literature it has inspired which explores the effects of harsher punishment on crime. In order to assess how a harsher sentencing regime affects society, we use crime-punishment elasticities and costs of crime based on previous studies and own estimations. Our main contribution to the existing literature is twofold. First, we provide an economic dimension to a current political issue. Second, we employ a CBA to a research area in Sweden in which the method has been used sparingly. Knowing how an increase in punishment affects crime rates is of great importance for policy making. Hence, we encourage further analysis in this area, especially in Sweden.

Place, publisher, year, edition, pages
2019. , p. 42
Keywords [en]
Cost-benefit analysis; CBA; Crime; Punishment; Deterrence; Incapacitation
National Category
Economics
Identifiers
URN: urn:nbn:se:liu:diva-160261ISRN: LIU-IEI-FIL-A--19/03135--SEOAI: oai:DiVA.org:liu-160261DiVA, id: diva2:1351327
Subject / course
Master Thesis in Economics
Supervisors
Examiners
Available from: 2019-09-16 Created: 2019-09-14 Last updated: 2019-09-16

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
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  • en-US
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  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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