Becker's Economic Theory of Crime

Becker's Economic Theory of Crime suggests that individuals weigh the potential benefits and costs before committing a crime. If the expected gain exceeds the chance of getting caught and punished, and the punishment is severe, people are less likely to offend. Conversely, if the risks or penalties are low, criminal activity becomes more attractive. This perspective treats criminal behavior as a rational choice, similar to economic decision-making, emphasizing that effective enforcement, punishment, and prevention can reduce crime by altering individuals' cost-benefit calculations.