Fans pick 100 books like An Economic Analysis of Crime and Justice

By Peter Schmidt, Ann D. Witte,

Here are 100 books that An Economic Analysis of Crime and Justice fans have personally recommended if you like An Economic Analysis of Crime and Justice. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of White-Collar Crime

Brian Forst Author Of Errors of Justice: Nature, Sources and Remedies

From my list on the economics of crime and justice.

Why am I passionate about this?

Throughout my academic career, my chief scholarly interest has been to assess public policy using coherent theory and rigorous empirical method. The economics of crime and justice offers a powerful framework for achieving these ends.

Brian's book list on the economics of crime and justice

Brian Forst Why did Brian love this book?

Benson and Simpson use the opportunity perspective – assuming that crimes often depend on offenders recognizing an opportunity to commit an offense – to uncover the processes and situational conditions that induce white-collar crimes. 

They offer solutions to this persistent and widespread social problem, recognizing the difficulties of control.

The treatment is thoroughly researched and empirically supported. 

By Michael L. Benson, Sally S. Simpson,

Why should I read it?

1 author picked White-Collar Crime as one of their favorite books, and they share why you should read it.

What is this book about?

White-Collar Crime: An Opportunity Perspective analyzes white-collar crime within a coherent theoretical framework. Using the opportunity perspective, which assumes that all crimes depend on offenders recognizing an opportunity to commit an offense, the authors uncover the processes and situational conditions that facilitate white-collar crimes. In addition, they offer potential solutions to this persistent and widespread social problem without being reductive in their treatment of the difficulties of control.

With this third edition, Benson and Simpson have added substantive online teaching materials and expanded their coverage with up-to-date case studies and discussions of recent investigations into white-collar crime and control. These…


Book cover of The Costs of Crime and Justice

Brian Forst Author Of Errors of Justice: Nature, Sources and Remedies

From my list on the economics of crime and justice.

Why am I passionate about this?

Throughout my academic career, my chief scholarly interest has been to assess public policy using coherent theory and rigorous empirical method. The economics of crime and justice offers a powerful framework for achieving these ends.

Brian's book list on the economics of crime and justice

Brian Forst Why did Brian love this book?

Cohen offers a comprehensive sweep of the financial and non-financial consequences of criminal behavior, crime prevention, and society’s response to crime, public and private.  

Crime costs are far-reaching, including medical costs, lost wages, property damage, pain and suffering, and reduced quality of life for victims and the public at large, as well as public expenditures on police, courts, and prisons, and the costs borne by offenders and their families, who often suffer consequences apart from the punishments they receive for committing crime. 

By Mark A. Cohen,

Why should I read it?

1 author picked The Costs of Crime and Justice as one of their favorite books, and they share why you should read it.

What is this book about?

This book presents a comprehensive view of the financial and non-financial consequences of criminal behavior, crime prevention, and society's response to crime. Crime costs are far-reaching, including medical costs, lost wages, property damage and pain, suffering, and reduced quality of life for victims and the public at large; police, courts, and prisons; and offenders and their families who may suffer consequences incidental to any punishment they receive for committing crime.

The book provides a comprehensive economic framework and overview of the empirical methodologies used to estimate costs of crime. It provides an assessment of what is known and where the…


Book cover of Controlling Crime: Strategies and Tradeoffs

Brian Forst Author Of Errors of Justice: Nature, Sources and Remedies

From my list on the economics of crime and justice.

Why am I passionate about this?

Throughout my academic career, my chief scholarly interest has been to assess public policy using coherent theory and rigorous empirical method. The economics of crime and justice offers a powerful framework for achieving these ends.

Brian's book list on the economics of crime and justice

Brian Forst Why did Brian love this book?

Controlling Crime uses an economic approach to examine ways to reduce crime without sacrificing public safety.

Topics include criminal justice system reform, social policy, government policies affecting alcohol and drug abuse, and private crime prevention approaches.

 Attention is paid to the respective roles of both the private sector and government agencies.

Through a broad conceptual framework and a careful review of the relevant literature, this volume provides insight into the effectiveness of a wide variety of interventions to reduce crime. 

By Philip J. Cook, Jens Ludwig, Justin McCrary

Why should I read it?

1 author picked Controlling Crime as one of their favorite books, and they share why you should read it.

What is this book about?

Criminal justice expenditures have more than doubled since the 1980s, dramatically increasing costs to the public. With state and local revenue shortfalls resulting from the recent recession, the question of whether crime control can be accomplished either with fewer resources or by investing those resources in areas other than the criminal justice system is all the more relevant. "Controlling Crime" considers alternative ways to reduce crime that do not sacrifice public safety. Among the topics considered here are criminal justice system reform, social policy, and government policies affecting alcohol abuse, drugs, and private crime prevention. Particular attention is paid to…


Book cover of The Privatization of Policing: Two Views

Brian Forst Author Of Errors of Justice: Nature, Sources and Remedies

From my list on the economics of crime and justice.

Why am I passionate about this?

Throughout my academic career, my chief scholarly interest has been to assess public policy using coherent theory and rigorous empirical method. The economics of crime and justice offers a powerful framework for achieving these ends.

Brian's book list on the economics of crime and justice

Brian Forst Why did Brian love this book?

This book presents contrasting views on the privatization of policing: whether it is mostly a good thing, its downsides, and which aspects of policing lend themselves to privatization. 

Forst argues that a blend of public and private policing can provide a more equitable and efficient delivery of policing services than can public police alone.  

Manning, unfriendly to economics and management efficiency, takes a dramaturgical perspective, concluding that those paradigms are fundamentally at odds with the traditional policing mandate, which confers on the government a monopoly on the use of coercion. 

By Brian Forst, Peter K. Manning,

Why should I read it?

1 author picked The Privatization of Policing as one of their favorite books, and they share why you should read it.

What is this book about?

The increasing reliance on private security services raises questions about the effects of privatization on the quality of public police forces, particularly in high-crime, low-income areas. In an effective pro-and-con format, two experts on policing offer two strikingly different perspectives on this trend towards privatization. In the process, they provide an unusually thoughtful discussion of the origins of both the public police and the private security sectors, the forces behind the recent growth of private security operations, and the risks to public safety posed by privatization. In his critique of privatization, Peter K. Manning focuses on issues of free market…


Book cover of How to Make the World Add Up: Ten Rules for Thinking Differently About Numbers

Rebecca Campbell Author Of How to Teach Economics to Your Dog: A Quirky Introduction

From my list on economics for people who are allergic to algebra.

Why am I passionate about this?

I currently teach in the management department of the London School of Economics, and I often need to communicate economic ideas to non-economists. Honestly, I was very nervous about writing (yet another) book about economics. Especially since there are so many around. Two things made me have a go. I really wanted to convey the key arguments with simplicity, translating often complicated and abstruse ideas into straightforward language in a way that didn’t dumb down. Second the world has changed so much in recent years that you need to keep up to date. Quantitative easing, modern monetary theory, and Bitcoin are ideas that just did not exist until recently. 

Rebecca's book list on economics for people who are allergic to algebra

Rebecca Campbell Why did Rebecca love this book?

All politicians should be forced to read this book. Anyone who reads a newspaper should be forced to read this book. My favourite radio programme in the world is Tim Harford’s More or Less. And this book is every bit as good. Harford is clear, incisive, and always interesting. In a world crowded with disinformation and fake news, he shows you how to evaluate the numbers that are thrown at you. To read him is to become a little cleverer. Make this man prime minister someone.

By Tim Harford,

Why should I read it?

2 authors picked How to Make the World Add Up as one of their favorite books, and they share why you should read it.

What is this book about?

The Sunday Times Bestseller

'Tim Harford is one of my favourite writers in the world. His storytelling is gripping but never overdone, his intellectual honesty is rare and inspiring, and his ability to make complex things simple - but not simplistic - is exceptional. How to Make the World Add Up is another one of his gems. If you're looking for an addictive pageturner that will make you smarter, this is your book' Rutger Bregman, author of Humankind

'Tim Harford could well be Britain's Malcolm Gladwell'
Alex Bellos, author of Alex's Adventures in Numberland

'If you aren't in love with…


Book cover of Essentials of Statistics for Business & Economics

Chet Richards Author Of Certain to Win

From my list on upsetting your orientation.

Why am I passionate about this?

I never had a real career. Closest I came was the Air Force Reserve for 27 years. Along the way, I built fighter-vs-fighter computer models for the Defense Department, served as an advisor to a Saudi Air Force prince, led a team that designed a replacement for the Air Force’s A-10 tankbuster (which was never built, unfortunately), sold C-130 transport aircraft in Saudi Arabia, taught statistics in business school, became a yoga instructor, and did PR work in Atlanta. Starting in 1975, I collaborated a little with a retired Air Force colonel, John Boyd, creator of the infamous “OODA loop.” I was never a published author in the US, although I am in India, Portugal, and Japan. 

Chet's book list on upsetting your orientation

Chet Richards Why did Chet love this book?

Here’s some bad news for non-STEM people: You’re going to have to learn a little about statistics. Otherwise, at some point, you going to get, as Nassim Nicholas Taleb puts it, “fooled by randomness.” An example: Suppose you’ve been a sales manager for a long time but recently you failed to close a string of prospects. How unusual is this? It could be just a run of bad luck, or is it time to make some significant personnel moves? Basic knowledge of statistics can help. If your math is rusty, you might want to take a stat course for non-math majors. Otherwise, here’s a book that I used with my MBA students that features scenarios from businesses.  

By David R. Anderson, Dennis J. Sweeney, Thomas A. Williams , Jeffrey D. Camm , James J. Cochran

Why should I read it?

1 author picked Essentials of Statistics for Business & Economics as one of their favorite books, and they share why you should read it.

What is this book about?

Discover how statistical information impacts decisions in today's business world as Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's leading ESSENTIALS OF STATISTICS FOR BUSINESS AND ECONOMICS, 9E connects concepts in each chapter to real-world practice. This edition delivers sound statistical methodology, a proven problem-scenario approach and meaningful applications that reflect the latest developments in business and statistics today. More than 350 new and proven real business examples, a wealth of practical cases and meaningful hands-on exercises highlight statistics in action. You gain practice using leading professional statistical software with exercises and appendices that walk you through using JMP (R) Student Edition 14 and Excel (R) 2016.…


Book cover of A Primer In Game Theory

Guilherme Carmona Author Of Existence And Stability Of Nash Equilibrium

From my list on game theory.

Why am I passionate about this?

I grew up listening and participating in discussions about politics. These discussions often ended up on Economics – after all, “it’s the economy, stupid!”. Game theory, by being very broad and focused on strategic interactions, served as a very rewarding unifying apparatus for my understanding of Economics. It is also very beautiful and elegant, combining the austere beauty of pure mathematics with insights from elegant literature – I was pleased to cite Graham Green’s Our Man in Havana in a recent paper. It has accompanied me in a 20-year career since my PhD in Economics at the University of Minnesota to my current professorship in Economics at the University of Surrey.

Guilherme's book list on game theory

Guilherme Carmona Why did Guilherme love this book?

When the goal is to have an appealing introduction to game theory, with plenty of economic applications, there can hardly be any book better than this one.

It covers the core elements of game theory in a simple, yet careful, way, always illustrating them with expertly chosen economic problems. A must for anyone wanting to enter the world of game theory.

By Robert Gibbons,

Why should I read it?

1 author picked A Primer In Game Theory as one of their favorite books, and they share why you should read it.

What is this book about?

This book's introduces one of the most powerful tools of modern economics to a wide audience - not only those who will specialize as pure game theorists but also those who will construct (or even just consume) game-theoretic models in applied fields of economics.


Book cover of Prediction Machines: The Simple Economics of Artificial Intelligence

Richard Holden Author Of Money in the Twenty-First Century: Cheap, Mobile, and Digital

From my list on books about the digital economy.

Why am I passionate about this?

I’m an economics professor, but I also have a column in Australia’s leading financial newspaper so I really appreciate authors who can tackle complex topics in an accessible manner. I’m also both extremely interested in and do academic research on topics to do with technologies like two-sided platforms, cryptocurrencies, blockchain, and artificial intelligence. All these books made me think harder about the big issues in these areas, and how to combine rigorous research with what is actually happening—often at breakneck speed—in the real-world digital economy.

Richard's book list on books about the digital economy

Richard Holden Why did Richard love this book?

This book helped me understand why advances in artificial intelligence are going to have a big impact on productivity and economic growth. I loved the analogies to old technologies like electrification of factories, and newer examples like how Team New Zealand used simulations to change racing tactics and boat design.

The book has an important, big idea at its heart. That idea is that AI helps organizations make better predications, and those better predictions allow organizations to be fundamentally redesigned to take advantage of this. This is where the AI productivity revolution comes from.

By Ajay Agrawal, Joshua Gans, Avi Goldfarb

Why should I read it?

3 authors picked Prediction Machines as one of their favorite books, and they share why you should read it.

What is this book about?

"What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist, Google Artificial intelligence does the seemingly impossible, magically bringing machines to life--driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In the face of such uncertainty, many analysts either cower in fear or predict an impossibly sunny future.

But in Prediction Machines, three eminent economists recast the rise of AI…


Book cover of Games, Gods and Gambling

Bastiaan C. van Fraassen Author Of Philosophy and Science of Risk: An Introduction

From my list on exploring the meaning of probability and risk.

Why am I passionate about this?

I’ve wanted to be a philosopher since I read Plato’s Phaedo when I was 17, a new immigrant in Canada. Since then, I’ve been fascinated with time, space, and quantum mechanics and involved in the great debates about their mysteries. I saw probability coming into play more and more in curious roles both in the sciences and in practical life. These five books led me on an exciting journey into the history of probability, the meaning of risk, and the use of probability to assess the possibility of harm. I was gripped, entertained, illuminated, and often amazed at what I was discovering. 

Bastiaan's book list on exploring the meaning of probability and risk

Bastiaan C. van Fraassen Why did Bastiaan love this book?

I found a copy of this book in the sixties. That copy, much loved, was lost in moves and mayhem. Now, I only have a Dover reprint (water-logged during yet another move), but I have never been without and would search high and low if I were.

This is also a history of probability but with a very different focus. Ms. David was a statistician able to explain the calculations intuitively (good to assign to my students). But she was also thoroughly interested in the personalities involved. What was Galileo like? What happened to Pascal at Port-Royal?

I felt personally drawn into the historical narrative that often reads like a novel. 

By F. N. David,

Why should I read it?

1 author picked Games, Gods and Gambling as one of their favorite books, and they share why you should read it.

What is this book about?

The development of gambling techniques led to the beginning of modern statistics, and this absorbing history illustrates the science's rise with vignettes from the lives of Galileo, Fermat, Pascal, and others. Fascinating allusions to the classics, archaeology, biography, poetry, and fiction endow this volume with universal appeal. 1962 edition.


Book cover of Thinking About Statistics: The Philosophical Foundations

Michael Anthony Lewis Author Of Social Workers Count: Numbers and Social Issues

From my list on quant geeks.

Why am I passionate about this?

I've had a long-time interest in two things: mathematics and social issues. This is why I got degrees in social work (Masters) and sociology (PhD) and eventually focused on the quantitative aspects of these two areas. Social Workers Count gave me the chance to marry these two interests by showing the role mathematics can play in illuminating a number of pressing social issues.

Michael's book list on quant geeks

Michael Anthony Lewis Why did Michael love this book?

Jun Otsuka, a philosopher who also has training in statistics, zooms in on their philosophical foundations.

His book discusses the metaphysical, epistemological, and semantic assumptions on which Classical statistics, Bayesian statistics, predictive/classification AI models, and causal inference are based.

For those interested in these disciplines but who're also sensitive to the philosophical issues they raise, Otsuka's book is simply amazing. Run out and get a copy as soon as possible.   

By Jun Otsuka,

Why should I read it?

1 author picked Thinking About Statistics as one of their favorite books, and they share why you should read it.

What is this book about?

Simply stated, this book bridges the gap between statistics and philosophy. It does this by delineating the conceptual cores of various statistical methodologies (Bayesian/frequentist statistics, model selection, machine learning, causal inference, etc.) and drawing out their philosophical implications. Portraying statistical inference as an epistemic endeavor to justify hypotheses about a probabilistic model of a given empirical problem, the book explains the role of ontological, semantic, and epistemological assumptions that make such inductive inference possible. From this perspective, various statistical methodologies are characterized by their epistemological nature: Bayesian statistics by internalist epistemology, classical statistics by externalist epistemology, model selection by pragmatist…


Book cover of White-Collar Crime
Book cover of The Costs of Crime and Justice
Book cover of Controlling Crime: Strategies and Tradeoffs

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