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Equation - Becker's Decision to Commit a Crime

Oi represents the number of offenses committed and is equal to O subscript i, a function of pi subscript i, the probability of being caught and convicted, f subscript i, the wealth loss experienced by the criminal if caught and convicted, and u subscript i, which measures other factors influencing the decision to attempt and complete the crime

Equation - Becker's Decision to Commit a Crime
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Photographer(s): Prestemon, J P

Copyright: Public Domain

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