Showing 1 - 7 of 7
The threat of overthrow stabilizes a constitution because it disciplines the elites. This is the main rationale behind rights to resistance. In this paper, we test this conjecture experimentally. We model a society in which players can produce wealth by solving a coordination problem....
Persistent link: https://www.econbiz.de/10012319056
This paper analyzes private precautions against crime when the value of the property to be protected is private information. In a framework in which potential criminals can choose between different crime opportunities, we establish that decentralized decision-making by potential victims may lead...
Persistent link: https://www.econbiz.de/10009729132
This paper analyzes a contest in which defenders move first, have private information about the value of the objects they are trying to protect, and determine the observability of their defense efforts. The equilibrium consistent with the intuitive criterion depends on the distribution of...
Persistent link: https://www.econbiz.de/10010202896
This research inspects the general implications of considering duration of confinement as a deduction to the convicted consumer-worker time endowment. Even if analytically simple, the model is able to shed some light on the expected wage profile of criminals, and the pattern of their...
Persistent link: https://www.econbiz.de/10011512981
We investigate how third-party punishers and potential violators decide under evidentiary uncertainty in a take game. In line with the legal requirement and in contrast to economic models, neither the sanction nor the harm level affects the punishment probability, but the quality of evidence...
Persistent link: https://www.econbiz.de/10010496149
Low self-control is considered a fundamental cause of crime. The aim of our study is to provide causal evidence on the link between self-control and criminal behavior. We test whether individuals with lower self-control behave in a more antisocial manner and are less risk-averse and thus are,...
Persistent link: https://www.econbiz.de/10011686115
One of the most negative factors that characterize Italian economy and society is the pervasive and oppressive presence of organized crime, affecting many aspects of the daily live and every sector of business. The data unfortunately show how this phenomenon is increasingly growing and involves...
Persistent link: https://www.econbiz.de/10011870278