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effect on non-contractible quality. The model is applied to understanding the costs and benefits of prison privatization …
Persistent link: https://www.econbiz.de/10012473090
We study whether information frictions and corruption perceptions deter firms from doing business with the government. We conduct two nationwide randomized controlled trials (RCTs) in collaboration with the national public procurement supervisory and anti-corruption agency in Uganda. The first...
Persistent link: https://www.econbiz.de/10014486261
This paper provides causal evidence of the effect of private prisons on criminal sentencing. Our identification strategy uses state-level changes in private-prison capacity and compares changes in sentencing across trial court pairs that straddle state borders. We find that a doubling of private...
Persistent link: https://www.econbiz.de/10012479666
This paper examines the use of fines and imprisonment to deter individuals from engaging in harmful activities. These sanctions are analyzed separately as well as together, first for identical risk-neutral individuals and then for two groups of risk-neutral individuals who differ by wealth. When...
Persistent link: https://www.econbiz.de/10012478175
This chapter of the forthcoming Handbook of Law and Economics surveys the theory of the public enforcement of law … of the central theory, including: activity level; errors; the costs of imposing fines; general enforcement; marginal …
Persistent link: https://www.econbiz.de/10012466891
This article analyzes corruption of law enforcement agents: payment of bribes to agents so that they will not report violations. Corruption dilutes deterrence because bribe payments are less than sanctions. The state may not be able to offset this effect of bribery by raising sanctions for the...
Persistent link: https://www.econbiz.de/10012471862
The problem of optimal public enforcement of law is examined in a model in which two types of enforcement effort are distinguished: specific enforcement effort, activity devoted to apprehending and penalizing individuals who have committed a single type of harmful act; and general enforcement...
Persistent link: https://www.econbiz.de/10012475984
We derive the sentence--choosing among the sanctions of prison, parole, and probation--that achieves a target level of deterrence at least cost. Potential offenders discount the future disutility of sanctions and the state discounts the future costs of sanctions. Prison has higher disutility and...
Persistent link: https://www.econbiz.de/10012455245
The deterrence of crime and its reduction through incapacitation are studied in a simple multiperiod model of crime and law enforcement. Optimal imprisonment sanctions and the optimal probability of sanctions are determined. A point of emphasis is that the incapacitation of individuals is often...
Persistent link: https://www.econbiz.de/10012457919
We propose an equilibrium theory of data-driven antitrust oversight in which regulators launch investigations on the …
Persistent link: https://www.econbiz.de/10013334437