Jacquemet, Nicolas; Rullière, Jean-Louis; Vialle, Isabelle - In: Revue économique 58 (2007) 3, pp. 555-564
Although expensive, monitoring is the most efficient mean to repress a criminal activity. This is typically included in economic models of crime thanks to a probability of detection, and only based on risk aversion. According to recent results in psychology literature, the perception of this...