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evidence on punishment preferences, in which subjects reveal a heterogeneous preference for punishing wrongdoers, our model … identifies circumstances in which “punitive” individuals (with stronger-than-average punishment preferences) will self …-select into law enforcement jobs that offer the opportunity to punish (or facilitate the punishment of) wrongdoers. Such “punitive …
Persistent link: https://www.econbiz.de/10010509622
An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient condition for the implementability of monitoring...
Persistent link: https://www.econbiz.de/10010256706
Persistent link: https://www.econbiz.de/10003364565
can be tricky, this paper uses the crime strategic model (inspection game) proposed by Tsebelis. This model shows that any … attempts to increase the severity of punishment will alter the payoff of the individuals involved, leaving unchanged the … frequency of violation at equilibrium. This result is misleading: payoffs are not independent and the crime game can not be …
Persistent link: https://www.econbiz.de/10011544186
inmates with proxies for maximum punishment and monitoring costs across US states over 50 years. Consistent with the theory of … penalty to the severity of the crime. We combine individual-level data on sentence length for a representative sample of US …
Persistent link: https://www.econbiz.de/10011723411
This paper argues that the "Economics of Crime" concentrates too much on punishment as a policy to fight crime, which … is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several … to a large extent law abiding, they are more motivated to observe the law. -- crime ; punishment ; incentives …
Persistent link: https://www.econbiz.de/10003861760
Persistent link: https://www.econbiz.de/10003496637
crime that are related to economic determinants: property crimes (including robbery, theft and car theft), fraud and usury …
Persistent link: https://www.econbiz.de/10011814715
In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu, 1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...
Persistent link: https://www.econbiz.de/10010485538
, arrest increases the probability an offender is charged with a crime. Our findings argue against recent calls for a …
Persistent link: https://www.econbiz.de/10013486081