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Economics

This post addresses crime and cost benefit analysis.

1.) Rational Choice theorists argue that would-be criminals make the decision to commit crimes based on a cost-benefit analysis. Do you agree with this school of thought? Why?

2.) Assuming that you agree with the thinking of rational theorists, what cost-benefit factors would an individual contemplating the following crimes consider:

-Participation in a banking embezzlement scheme that could potentially earn the individual $500,000 over the course of two years.

-Burglary of a house where the valuables contained could be sold for at least $500,000.

3.) How are the factors you identified similar or dissimilar for the embezzlement and burglary plots? Why?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9205794

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