Question
In: Economics
Economist Steven Landsburg argues that if one believes in the death penalty for murderers because of...
Economist Steven Landsburg argues that if one believes in the death penalty for murderers because of its deterrent effect, using cost/benefit analysis we should execute computer hackers - the creators of worms and viruses - because the deterrent effect in cost saving would be greater than the deterrent effect in saving lives. Estimates are that each execution deters eight murders, which, if one valued each life at about $7 million, saves about $56 million; he estimates that executing hackers would save more than that per execution, and thus would be the economic thing to do.
- Do you agree or disagree with Landsburg's argument? Why?
- Can you extend cost/benefit analysis to other areas?
Solutions
Rahul Sunny answered 2 weeks agoRelated Solutions
Economist Steven Landsburg argues that if one believes in the death penalty for murderers because of...
Economist Steven Landsburg argues that if one believes in the
death penalty for murderers because of its deterrent effect, using
cost/benefit analysis we should execute computer hackers - the
creators of worms and viruses - because the deterrent effect in
cost saving would be greater than the deterrent effect in saving
lives. Estimates are that each execution deters eight murders,
which, if one valued each life at about $7 million, saves about $56
million; he estimates that executing hackers would...
death penalty? (go against death penalty) what are great topics to talk about? Three or more main...
death penalty? (go against death penalty)
what are great topics to talk about?
Three or more main topic to talk about when going against death
penalty.
What is the summary of book "The Arm Chair economist" by Steven Landsburg
What is the summary of book "The Arm Chair economist" by Steven
Landsburg
Below are the results of a crosstabulation of Sex and Favorability towards the death penalty in...
Below are the results of a crosstabulation of Sex and
Favorability towards the death penalty in all cases where a death
occurs.
What is the null hypothesis?
https://gyazo.com/8c811eac9e06fb2d72bb6927f6aa74e4
Let me know the effectiveness of the death penalty? Are there alternative punishments that would be...
Let me know the effectiveness of the death
penalty?
Are there alternative punishments that would be more effective than
the death penalty?
3. A researcher wants to know if there is a relationship between having death-penalty statutes and...
3. A researcher wants to know if there is a relationship between
having death-penalty statutes and having three-strikes laws in
place. Based on the information regarding these laws in US
states…[Hint: calculated chi-square should be 4.160]
Death Penalty
Three-strikes law
Yes
No
Yes
19
2
No
19
10
Formulate the null and research/alternative hypotheses.
Calculate the chi-square
Report the critical chi-square at the corresponding probability
level [.05]and degrees of freedom
Test the null hypothesis and reach a statistical
conclusion;
Interpret...
In November 2009, 65% of Americans favored the death penalty for the crime of murder. Just...
In November 2009, 65% of Americans
favored the death penalty for the crime
of murder. Just a few months ago,
Monmouth University ran another poll of
1025 Americans and found 653
Americans favored the death penalty in
murder cases.
1. Does the new poll indicate that American
opinion on the death penalty in murder
cases has changed?
The table below gives the temperatures
at noon at the Nut Tree on a sample of
days last summer.
75. 90
77. 93...
You want to research college students' opinion of the death penalty. Your hypothesis is that there...
You want to research college students' opinion of the death
penalty. Your hypothesis is that there is a relationship between
enrollment in higher education institutions and an individual's
opinion of the death penalty (for or against). With this in mind,
what type of probability sample would you select? Why?
How would you obtain your sample? Discuss steps fully
A researcher collected data on people's political orientations and their attitudes toward the death penalty for...
A researcher collected data on people's political orientations
and their attitudes toward the death penalty for people convicted
of murder. The data are in the table. Use an alpha of .01 to
conduct a five-step hypothesis test to determine if there is a
relationship between the IV and DV. Use all five steps, writing all
information out clearly and thoroughly. Label each step and
circle/highlight your obtained value in Step 4. Show all
calculations. Point loss will occur if information...
What are some arguments justifying the continual use of the death penalty, and what are arguments...
What are some arguments justifying the continual use of the
death penalty, and what are
arguments for abolishing it? (You need to explain the
arguments/issues in some detail and
specificity
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