What is it about?
The Naturally Optimized Revenue Demand in Communities NORDIC model reduces the crime rate. The model produces artificial shadow costs to induce economic incentives to reduce the crime rates globally, while considering the public’s awareness about crime.
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Why is it important?
Crime is one of the most important social problems, affecting public safety, children’s development, and adult’s socioeconomic status. Excessive crime is a global problem with enormous economic consequences.
Perspectives
All over the world, my introduced instrument will be used to reduce the crime rate and its danger to health. The public’s awareness of crime issues will raise.
Dr. Jan Stenis
Swedish state
Read the Original
This page is a summary of: An Economic Instrument to Reduce the Crime Rate in Sweden, Archives of Business Research, November 2020, Scholar Publishing,
DOI: 10.14738/abr.810.9282.
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