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The basis of the entire legal system, since time immemorial, is shrouded in the ideals of justice.Crime attracts Punishment.
Different jurists have proposed multiple theories of punishment in Jurisprudence. Most societies across the world today follow a punishment model that is a mixture of reformative theory and deterrent theory. The reformative model includes rehabilitation and community service. These activities help the wrongdoer in analysing their mistakes and becoming a better person. While, imprisonment, the death penalty and penalties or fines imposed on the wrongdoer deter them from committing the crime again and also deter other members of society from committing such an act. In some cases, the guilty are sentenced to a particular prison time and also asked to pay penalties or fines to the court or compensation to the victim. This is where the economic approach to particular crime factors in
Chinmayee Hegde and Anuradha S Pai (2025) "An Empirical Analysis of the Applicability of Beckers Model of Crime: A Case Study of Rape, Traffic Violations and Corruption in India ", GNLU Journal of Law And Economics : Volume VI 2023, Issue II
Available at:
https://gnlu.ac.in/GJLE/Publications/An Empirical Analysis of the Applicability of Beckers Model of Crime: A Case Study of Rape, Traffic Violations and Corruption in India
The essay examines the violence that unfurled in Bangladesh in 2024 from the lens of the relativedeprivation theory to explain the role of perceived inequality in political violence, and the prospecttheory to explain the role of prospect losses as a motivation for individuals to participate inpolitical violence. The essay analyses the events that acted as a trigger for the social unrest andfocuses on the contentious quota to explain the decisionmaking process of the players involved,from the viewpoint of the prospect theory. The essay also looks at macroeconomic variables suchas youth unemployment, inflation etc. during both the years that marked a social unrest among thegeneral population and found that in both years, the economy had shown worrying trends. Theessay also looks at the role of costs and benefits as perceived by an individual while making achoice in a risky situation. The conceptual framework is further demonstrated by a game wherethe decisionmaking process of the government, as a player, is discussed. It is found that theequilibrium for both the players is at the first outcome, where the participation is met withsuppression by the government. The most ideal outcome for both the parties is a peaceful approachto the issue at hand. Based on the existing research, and the game theory, policy recommendationshave been formulated emphasizing the need for a stronger penal system, to augment the costs thatare associated with participation in violence, and to make infrastructural developments to addressthe socioeconomic issues at hand. The establishment of transparent communication channelswould also go a long way in mitigating the risks of future unrest.