Abstract
In his seminal article on the allocation of time to crime, Isaac Ehrlich (1973) derives five interesting theoretical results. He uses a state-preference diagram to derive one result, retreating to mathematics for deriving the remaining four results. This note shows that all five results can easily be derived from an alternative and simpler diagrammatical exposition that involves intersection of curves rather than tangency between curves.
| Original language | English |
|---|---|
| Pages (from-to) | 457-464 |
| Number of pages | 8 |
| Journal | Economics Bulletin |
| Volume | 29 |
| Issue number | 1 |
| State | Published - 2009 |
| Externally published | Yes |