Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/170780
Authors: 
Mastrobuoni, Giovanni
Rivers, David A.
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers 10796
Abstract: 
We use rich microdata on bank robberies to estimate individual-level disutilities of imprisonment. The identification rests on the money versus apprehension trade-off that robbers face inside the bank when deciding whether to leave or collect money for an additional minute. The distribution of the disutility of prison is not degenerate, generating heterogeneity in behavior. Our results show that unobserved heterogeneity in ability is important for explaining outcomes in terms of haul and arrest. Furthermore, higher ability robbers are found to have larger disutilities, suggesting that increased sentence lengths might effectively target these more harmful criminals.
Subjects: 
sentencing enhancements
severity
deterrence
crime
robberies
disutility of prison
JEL: 
K40
K42
H11
Document Type: 
Working Paper

Files in This Item:
File
Size
980.09 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.