Bar-Gill, Oren; Harel, Alon - In: The Journal of Legal Studies 30 (2001) 2, pp. 485-501
A higher expected sanction lowers the crime rate. This intuitive cornerstone of deterrence theory has garnered extensive theoretical and empirical research. The present study focuses on the opposite effects--the effects of the crime rate on the expected sanction. It turns out that these effects...