№ 31 (3) 2013 ПРИКЛАДНАЯ ЭКОНОМЕТРИКА APPLIED ECONOMETRICS S. Douhou, A. van Soest of victimization, trust, health, and social norms1 This paper extends research on the relation between crime and happiness by investigating the impact of serious and less serious crime (i.e. incorrect behavior) on subjective wellbeing using a representative survey of the Dutch adult population in 2008. <...> We find evidence of an indirect effect of victimization on well-being via trust, health and social norms. <...> Introduction the cost of crime: (i) revealed preference methods (mainly using the impact of crime on housing prices; see, e.g., (Gibbons, 2004)), (ii) stated preference methods (leading to «willingness-to-pay» estimates for avoiding crime; see, e.g., (Dolan et al., 2005)), and (iii) subjective well-being surveys (see, e.g., (Di Tella, MacCulloch, 2008)). <...> Dolan and Moore (2007), for example, distinguish between tangible and intangible victim costs in this respect, while Cornaglia and Leigh (2011) call this economic and social costs of crime, which essentially means the same. <...> We will use cross-sectional survey data to analyze the association between crime and subjective well-being. <...> This study uses the DNB Household Survey and additional data collected with funding from the Tilburg School of Economics and Management. 52 Общество Society o scholar would disagree with the statement that crime is costly. <...> Scholars have relied on three types of methodologies to estimate Explaining subjective well-being: the role S. Douhou, A. van Soest APPLIED ECONOMETRICS ПРИКЛАДНАЯ ЭКОНОМЕТРИКА № 31 (3) 2013 Victimization is of a complex nature as it influences well-being in many ways: in terms of physical and mental health, but also economically and through the individuals’ perception of their surroundings. <...> It is a misconception that this only holds for victims: non-victims suffer from fear of crime in their neighborhood and as a result display lower mental health (see, e.g., (Cornaglia, Leigh, 2011)) and take precautionary measures against victimization. <...> We find that victimization is not only related to the usual variables that capture personal victimization and fear in the area of residence but that it is also associated with health and social capital. <...> This makes our analysis less ambitious than, for example, Cornaglia and Leigh (2011) who use <...>