CRIM 101 Lecture Notes - Lecture 11: Bounded Rationality, Glasser'S Choice Theory, Opportunity Cost
11 Oct 2018
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The costs and benefits of crime individual commit crime when its perceived benefits outweigh its perceived costs. Any other positive emotions or feelings: monetary. Opportunity cost of time (learning skills, search time, or escaping time) Stolen goods that can be used and resold for money (jewellery, phone, cars) Impulsive decisions: decisions that are made too quickly (might regret after) Imperfect decisions: based on poor or wrong information. Impaired decisions: impaired by emotion, drugs, or alcohol. History of choice theory: cesare beccaria& jeremy bentham, classical school of criminology18th century, hedonistic calculus (people make choices involving what is in their best interest, utilitarianism: one chooses to act in a way to maximize utility. Free will: gary becker, 1968 studied crime using an economic approach, derek cornish & ronald clarke, neo-classical school, situational crime prevention, rational choice way of thinking. Identified 4 broad stages of decision sin a criminal career.
