QUESTION 3. The concept of deterrence is of fundamental importance in the field of the economics of crime, and it is directly linked to the concepts of geographical and functional displacement. Why? Discuss the extent to which the literature studied during the module has been able to identify deterrence effects net of any displacement effec

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QUESTION 3. The concept of deterrence is of fundamental importance in the field of the economics of crime, and it is directly linked to the concepts of geographical and functional displacement. Why? Discuss the extent to which the literature studied during the module has been able to identify deterrence effects net of any displacement effects. Motivate your answer by critically reviewing research questions, identification strategies, challenges faced by researchers, and the main findings of the relevant papers presented during the module. (Strict Limit 1,500 words excluding references]

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