The Subjective Price of Crime: Victimization, Perception of Insecurity, and Well-Being in Colombia
DOI:
https://doi.org/10.18046/j.estger.2025.177.7626Keywords:
subjective well-being, crime, perception of safety, ColombiaAbstract
Subjective well-being is emerging as a crucial component in contemporary public policy. This study examines the relationship between subjective well-being and crime, with an emphasis on the impact of perceptions of safety and victimization on life satisfaction in Cali, a Colombian city known for its high levels of violence. Using data from the CaliBRANDO survey, which is statistically representative of the city, a simultaneous equation model was employed to analyze the causal relationship between these variables. The findings indicate that a greater perception of insecurity and higher victimization are negatively associated with subjective well-being. These results offer relevant evidence to guide governments in the implementation and effective communication of urban safety policies.
Downloads
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Estudios Gerenciales

This work is licensed under a Creative Commons Attribution 4.0 International License.
Articles are the sole responsibility of their authors, and will not compromise Icesi’s University principles or policies nor those of the Editorial Board of the journal Estudios Gerenciales. Authors authorize and accept the transfer of all rights to the journal, both for its print and electronic publication. After an article is published, it may be reproduced without previous permission of the author or the journal but the author(s), year, title, volume, number and range of pages of the publication must be mentioned. In addition, Estudios Gerenciales must be mentioned as the source (please, refrain from using Revista Estudios Gerenciales).


