Buechel, Berno; Feess, Eberhard; Mühlheußer, Gerd - 2018
level. To account for this insight, we extend the standard economic model of law enforcement (Becker, 1968) by considering … two types of offenders, sophisticates and naïves. The former are always fully informed about the enforcement effort, the … characterize the optimal enforcement effort and the decision whether to hide or reveal it. The welfare-maximizing authority chooses …