2008-04-152008-04-152008-04-152008-04-15https://repositorio.banrep.gov.co/handle/20.500.12134/5525We use hedonic price models to estimate the value households are willing to pay to avoid violent crime in the city of Bogotá. We find that households living in the highest socioeconomic level (stratum 6) pay up to 7.2% of their house values in order to prPDFspaOpen AccessThe cost of avoiding crime: the case of BogotaWorking PaperK42 - Illegal Behavior and the Enforcement of LawR21 - Housing DemandK40 - Legal Procedure, the Legal System, and Illegal Behavior: GeneralHousing demandCrimeIllegal behaviorLaw enforcementMercado de la vivienda -- Bogotá (Colombia)Ejecución judicial -- Bogotá (Colombia)Delitos violentos -- Bogotá (Colombia)Acceso abiertoAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0K40 - Derecho procesal, sistema jurídico y conducta ilegal: GeneralidadesK42 - Conducta ilegal y aplicación de la leyR21 - Demanda de viviendasLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.https://hdl.handle.net/20.500.12134/5525