An economist calculates the potential burglar's costs and benefits. The benefits are the money the burglar can receive by selling what he steals. The costs are the probability of being caught multiplied by the penalty imposed for burglary. The economist calculates the penalty that needs to be imposed in order for the costs to exceed the benefits and thus crime to be deterred. We can make the following statements about this disciplinary insight
A) The insight uses effective evidence to support the assumptions.
B) This insight on crime is an incomplete assessment of the complex topic of crime of burglary.
C) Both "a" and "b" are correct.

Question

Quizplus · Accepted Answer

While this disciplinary insight uses a logical approach and data to support the assumption, it provides an incomplete assessment of the complex topic of crime and burglary. There are numerous factors that affect the decision to commit a crime, and the potential gains and losses are just one aspect. Other factors such as socio-economic conditions, cultural norms, and psychological factors also play a crucial role in determining whether a crime is committed or not. Therefore, this disciplinary insight cannot entirely explain the occurrence of crime and burglary.

An Economist Calculates the Potential Burglar's Costs and Benefits