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Suppose That the Equation That Represents the Expected Benefits of Burglary

question 20

Multiple Choice

Suppose that the equation that represents the expected benefits of burglary for a given prospective criminal is as follows:
EB = Ps x Loot
The criminal's cost equation is as follows:
EC = [Pp x (I + F) ] + AC
Where:
EB is the expected benefits of burglary
Ps is the probability of successfully burglarizing a house
Loot is the dollar take from the burglary
EC is the expected costs of burglary
Pp is the probability of imprisonment
I is the income the criminal gives up if caught and imprisoned
F is the dollar value the criminal puts on freedom
AC is the anguish cost of committing a burglary
-Refer to Situation 33-1.If the prospective criminal sets the following values: Ps = 65 percent
Loot = $20,000
Pp = 20 percent
I = $30,000
F = $15,000
AC = $5,000
The prospective criminal's expected benefit from committing the burglary is ______________ and his expected cost of committing the burglary is _______________.Economic theory tells us that under these circumstances,the prospective criminal ______________ commit the burglary.


Definitions:

Conditional Discrimination

The process where an organism learns to respond differently to various stimuli depending on the conditions or context.

Discrimination Learning

The ability to differentiate between different stimuli and respond appropriately to each.

Prefrontal Cortex

The front part of the frontal lobes of the brain, involved in executive functions such as judgement, decision-making, and social behavior.

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