The Dynamics of Poverty and Crime
Poverty and crime are two maladies that plague metropolitan areas. The economic theory of crime (Becker, 1968) demonstrates a direct correlation between poverty and crime. The model seeks to examine the dynamics of the poverty crime system through stability analysis of a system of ODEs in order to identify cost-effective strategies to combat crime in metropolises.
Haiyun Zhao, Stevens Institute of Technology
Zhilan Feng, Purdue University
Carlos Castillo-Chávez, Arizona State University