G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Crime and Education in a Model of Information Transmission
Darwin Cortés; Guido Friebel; Darío Maldonado
发表日期2010
出处Economy and Society
出版年2010
语种英语
摘要We model the decisions of young individuals to stay in school or drop-out and engage in criminal activities. We build on the literature on human capital and crime engagement and use the framework of Banerjee (1993) that assumes that the information needed to engage in crime arrives in the form of a rumor and that individuals update their beliefs about the profitability of crime relative to education. These assumptions allow us to study the effect of social interactions on crime. We first show that a society with fully rational students is less vulnerable to crime than an otherwise identical society with boundedly rational students. We also investigate the spillovers from the actions of talented students to less talented students and show that policies that decrease the cost of education for talented students may increase the vulnerability of less talented students to crime. This is always the case when the heterogeneity of students with respect to talent is sufficiently small.
特色分类D82;D83;I28
关键词Human Capital The Economics of Rumors Social Interactions Urban Economics
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/crime-and-education-in-a-model-of-information-transmission/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117905
推荐引用方式
GB/T 7714
Darwin Cortés,Guido Friebel,Darío Maldonado. Crime and Education in a Model of Information Transmission. 2010.
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