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This post addresses crime and cost benefit analysis.

1.) Rational Choice theorists argue that would-be criminals make the decision to commit crimes based on a cost-benefit analysis. Do you agree with this school of thought? Why?

2.) Assuming that you agree with the thinking of rational theorists, what cost-benefit factors would an individual contemplating the following crimes consider:

-Participation in a banking embezzlement scheme that could potentially earn the individual $500,000 over the course of two years.

-Burglary of a house where the valuables contained could be sold for at least $500,000.

3.) How are the factors you identified similar or dissimilar for the embezzlement and burglary plots? Why?

Solution Preview

1.) Rational Choice theorists argue that would-be criminals make the decision to commit crimes based on a cost-benefit analysis. Do you agree with this school of thought? Why?

I think that all would-be criminals do go through a cost-benefit analysis, and they find that the cost outweighs the benefit, which is the primary reason as to why they're would-be criminals and did not go through with committing the act. In this case, the potential offenders found that the consequences are too great, and the the factor of X was the preventive measure in not committing the crime, whether it was paying whatever penalty when caught, going to jail and not being able to have complete freedom, or whatever the deciding factor was. There was a stopping factor, and we'll find that the stopping factor, when questioning a would-be criminal, usually starts with, "because I didn't want to -- go to ...

Solution Summary

The solution provides a discussion for each question presented, which are:

1.) Rational Choice theorists argue that would-be criminals make the decision to commit crimes based on a cost-benefit analysis. Do you agree with this school of thought? Why?

2.) Assuming that you agree with the thinking of rational theorists, what cost-benefit factors would an individual contemplating the following crimes consider:

-Participation in a banking embezzlement scheme that could potentially earn the individual $500,000 over the course of two years.

-Burglary of a house where the valuables contained could be sold for at least $500,000.

3.) How are the factors you identified similar or dissimilar for the embezzlement and burglary plots? Why?

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