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determines the expected punishment imposed on offenders. However, uncertainty in enforcement necessarily leads to a conflict …
Persistent link: https://www.econbiz.de/10005838942
offenders care not only about the intrinsic benefits from the crime and the expected costs of punishment, but also about the …
Persistent link: https://www.econbiz.de/10005839019
deterrence of crime (due to the greater likelihood of apprehension), and the savings in social harm as some offenders are …
Persistent link: https://www.econbiz.de/10005839030
In 2012, the Department of Housing and Urban Development launched the fourth major nationwide housing discrimination study with the goal of measuring housing discrimination in rental and owner-occupied housing for blacks, Hispanics and Asians. The substantial declines in discrimination observed...
Persistent link: https://www.econbiz.de/10011245964
This paper contributes to the literature on private law enforcement by proposing a novel solution to the problem of underenforcement by monopolistic enforcers. Monopolistic enforcers underinvest in fine collection because, by maximizing net expected revenue, they ignore the social benefits of...
Persistent link: https://www.econbiz.de/10008623521
This paper incorporates the reality that the bulk of law enforcement is decentralized while sanctions are chosen centrally, and explores the implications for the socially optimal sanction level. The presence of interregional externalities in the form of crime diversion induces socially excessive...
Persistent link: https://www.econbiz.de/10010944628
This paper explores the advantages of focusing law enforcement on some locations when offenders can choose locations … whether asymmetric enforcement is socially desirable. When it is easy for offenders to substitute crimes, focused law …
Persistent link: https://www.econbiz.de/10010888386
harmful acts. We show that when offenders act sequentially, it is often optimal for the level of the sanction, not just the …
Persistent link: https://www.econbiz.de/10010888389
The concept of collective responsibility, or group punishment, for crimes or other harmful acts was a pervasive feature of ancient societies, as exemplified by the Roman doctrines of quasi-delicts and noxal liability, and the Greek notion of “pollution.” This chapter briefly surveys...
Persistent link: https://www.econbiz.de/10011079297
The "puzzle" of blackmail is that threats to reveal private information that would be harmful to someone in exchange for money are illegal, but revelation is not. The resolution is that concealment of information about product quality impedes the efficient operation of markets, whereas...
Persistent link: https://www.econbiz.de/10008552859