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Looking at figures of this type do not show the relevance of economic techniques, i.e. marginal deterrence, which was first introduced by Stigler in 1970. This paper has taken a comprehensive, but limited view on the relevance of economics and crime.
Economics can have controversial ideas, and this can be expressed in terms of crime. Economic theory would suggest that there is an ?optimal level of crime'. As Stigler (1970) argues, ?there is one decisive reason why society must forego ?complete' enforcement of the rule: enforcement is costly.' The extent of enforcement of laws depends upon the amount of resources devoted to the task...
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