penalty to the severity of the crime. We combine individual-level data on sentence length for a representative sample of US … inmates with proxies for maximum punishment and monitoring costs across US states over 50 years. Consistent with the theory of …

. Moreover, in these municipalities: i) newspapers were more likely to report crime news involving pardoned individuals; ii …) voters held worse beliefs on the incumbent national government's ability to control crime and iii) with respect to the …

increase in the Australian prison population does not seem to be due to crime rates, which have mostly declined over the past …

The empirical literature testing the economic theory of crime has extensively studied the relative importance of the … probability and the severity of punishment with reference to planned criminal activities. There are, however, also unplanned …

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 …

abnormal returns found in the literature seem to be exaggerated by more than three times. Hence, the "punishment" effect …, including a reputational penalty, suffers from a serious publication bias. After controlling for this bias, negative abnormal …

Provided that the literature on the deterrent effect of capital punishment is overall inconclusive, the fact that …, what are the causes for these different results? Do different data samples, estimation methods or time periods lead to …

An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither … offenders cannot be deterred. …

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 …