Skip to main content

Environmental Policy Design and the Economics of Crime: Some Analogies in Intertemporal Optimization

  • Chapter
Book cover Models, Methods and Decision Support for Management

Abstract

Environmental planning and cost-benefit modeling in crime control shows some striking analogies. The purpose of this note is to exploit this fact in an intertemporal framework. In particular, the optimal mix of ‘prevention’ and ‘treatment’ in pollution control and illicit drug consumption is illustrated by several optimal control and dynamic game models.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Borisov, V., Feichtinger, G. Kryazhimskii, A. (1998): Optimal enforcement on a pure seller’s market of illicit drugs. Forschungsbericht 224 des Instituts fir Ökonometrie, OR und Systemtheorie, TU Wien

    Google Scholar 

  • Barrett, J., Segerson, K. (1997): Prevention and treatment in environmental policy design. Journal of Environmental Economics and Management 33, 196–213

    Article  Google Scholar 

  • Becker, G.S. (1968): Crime and punishment: an economic approach. Journal of Political Economy 76, 169–217

    Article  Google Scholar 

  • Behrens, D., Caulkins, J.P., Tragler, G., Feichtinger G. (1997): Controlling the US cocaine epidemic: Finding the optimal mix of drug prevention and treatment. Forschungsbericht 214 des Instituts fir Ökonometrie, OR und Systemtheorie, TU Wien

    Google Scholar 

  • Clark, C.W. (1976): Mathematical Bioeconomics. The Optimal Management of Renewable Resources. Wiley, New York

    Google Scholar 

  • Clark, C.W. (1985): Bioeconomic Modelling and Fisheries Management. Wiley, New York

    Google Scholar 

  • Caulkins, J.P. (1993), Local drug markets’ response to focused police enforcement. Operations Research 41, 848–863

    Article  Google Scholar 

  • Caulkins, J.P., Tragler, G., Feichtinger G. (1998): Addiction is like a switch. Working Draft, Vienna University of Technology

    Google Scholar 

  • Dasgupta, P.S., Heal, G.M. (1979): Economic Theory and Exhaustible Resources. J. Nisbett, Welwyn, Cambridge, Univ. Press

    Google Scholar 

  • Dockner, E.J., Feichtinger G., Jorgensen, S. (1985): Tractable classes of nonzero-sum open-loop Nash differential games: theory and examples. Journal of Optimization Theory and Applications 45, 179–197

    Article  Google Scholar 

  • Dockner, E.J., Long, Ngo Van (1993): International pollution control: cooperative versus non-cooperative strategies. Journal of Environmental Economics and Management 25, 13–29

    Article  Google Scholar 

  • Feichtinger, G. (1983): A differential games solution to a model of competition between a thief and the police. Management Science 29, 686–699

    Article  Google Scholar 

  • Feichtinger, G. (1984): On the synergistic influence of two control variables on the state of nonlinear optimal control models. Journal of Operational Research Society 35, 907–914

    Google Scholar 

  • Feichtinger, G., Hartl, R.F. (1986): Optimale Kontrolle ökonomischer Prozesse: Anwendungen des Maximumprinzips in den Wirtschaftswissenschaften. de Gruyter, Berlin

    Book  Google Scholar 

  • Feichtinger, G., Grienauer, W., Tragler, G. (1997): Optimal dynamic law enforcement. Forschungsbericht 197 des Instituts für Ökonometrie, OR und Systemtheorie, TU Wien

    Google Scholar 

  • Feichtinger, G. (1998): Dynamic economic models of optimal law enforcement. Forschungsbericht 200 des Instituts für Ökonometrie, OR und Systemtheorie, TU Wien

    Google Scholar 

  • Forster, B.A. (1977), One a state variable optimal control problem: consumption-pollution trade-offs. In: Pitchford, J.D., Turnovsky, S.J. (Eds.): Applications of Control Theory to Economic Analysis. North-Holland, Amsterdam, 35–56

    Google Scholar 

  • Hofbauer, J. and K. Sigmund, 1998, Evolutionary Games and Population Dynamics, Cambridge University Press, Cambridge

    Book  Google Scholar 

  • Kamien, M.I., Schwartz, N.L. (1971a): Optimal maintenance and sale age for a machine subject to failure. Management Science 17, B495–B504

    Article  Google Scholar 

  • Kamien, M.I., Schwartz, N.L. (1971b): Limit pricing and uncertain entry. Econometrica 39, 441–454

    Article  Google Scholar 

  • Kamien, M.I., Schwartz, N.L. (1981): Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics and Management. North-Holland, New York

    Google Scholar 

  • Kort, P., Feichtinger, G., Hartl, R.F., Haunschmied J.L. (1998): Optimal enforcement policies (crackdowns) on a illicit drug market. Optimal Control Applications and Methods 19, 169–184

    Article  Google Scholar 

  • Lilien, G.L., Kotler, P. (1983): Marketing Decision Making: A Model-Building Approach. Harper & Row, New York

    Google Scholar 

  • Leonard, D., Long, N.V. (1992): Optimal control theory and static optimization in economics. Cambridge University Press, Cambridge

    Book  Google Scholar 

  • Rydell, C.P. (1997): The dynamics of cocaine control policy analysis based on exploratory modeling. Working paper

    Google Scholar 

  • Rydell, C.P., Caulkins, J.P., Everingham, S.S. (1996): Enforcement or treatment? Modeling the relative efficacy of alternatives for controlling cocaine. Operations Research 44, 1–9

    Article  Google Scholar 

  • Rydell, C.P., and Everingham, S.S. (1994): Controlling cocaine. Supply versus demand programs. MR-331-ONDCP/A/DPRC, Santa Monica, Rand, CA

    Google Scholar 

  • Sethi, S.P. (1979): Optimal pilfering policies for dynamic continuous thieves. Management Science 25, 535–542

    Article  Google Scholar 

  • Shavell, S. (1983): Torts in which victim and injurer act sequentially. Journal of Law Economics 26, 598–612

    Article  Google Scholar 

  • Tahvonen, O., Withagen, C. (1996): Optimality of irreversible pollution accumulation. Journal of Economic Dynamics and Control 20, 1775–1795

    Article  Google Scholar 

  • Tragler, G., Caulkins, J.P., Feichtinger, G. (1997): Optimal dynamic allocation of treatment and enforcement in illicit drug control. Forschungsbericht 212 des Instituts für Ökonometrie, OR und Systemtheorie, TU Wien

    Google Scholar 

  • Wirl, F. (1998): Complex dynamic environmental policies. Forthcoming in Resource and Energy Economics

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2001 Springer-Verlag Berlin Heidelberg

About this chapter

Cite this chapter

Feichtinger, G. (2001). Environmental Policy Design and the Economics of Crime: Some Analogies in Intertemporal Optimization. In: Kischka, P., Möhring, R.H., Leopold-Wildburger, U., Radermacher, FJ. (eds) Models, Methods and Decision Support for Management. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57603-4_2

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-57603-4_2

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-642-63306-5

  • Online ISBN: 978-3-642-57603-4

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics