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Persistent link: https://www.econbiz.de/10003496637
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
Criminal law enforcement depends on the actions of public agents such as police officers, but the resulting agency problems have been neglected in the law and economics literature (especially outside the specific context of corruption). We develop an agency model of police behavior that...
Persistent link: https://www.econbiz.de/10010509622
Persistent link: https://www.econbiz.de/10003364565
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
to a large extent law abiding, they are more motivated to observe the law. -- crime ; punishment ; incentives …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 …
Persistent link: https://www.econbiz.de/10003861760
The economics of crime has emerged as a critical field over the past 30 years, with economists increasingly exploring … economists, who investigate the (often two-way) intersection of crime with labor market factors, such as education, wages, and … effectively reduce crime. This comprehensive review underscores the transformative impact of economics on crime research and its …
Persistent link: https://www.econbiz.de/10015081345
Over 10 years ago, Feld and Voigt (2003) introduced the first indicator for objectively meas-uring the actual independence of the judiciary and demonstrated its utility in a large cross-section of countries. The indicator has been widely used, but also criticized. This paper pre-sents more...
Persistent link: https://www.econbiz.de/10010417470
Legal philosophers like Montesquieu, Hegel and Tocqueville have argued that lay participation in judicial decision-making would have benefits reaching far beyond the realm of the legal system narrowly understood. From an economic point of view, lay participation in judicial decision-making can...
Persistent link: https://www.econbiz.de/10003748487
We study the relationship between housing inequality and crime in South Africa. We create a novel panel dataset …. An increase of one standard deviation in housing inequality explains between 9 and 13 percent of crime increases … conditions can play in the reduction of crime in an emerging economy context. …
Persistent link: https://www.econbiz.de/10012438351