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deterrence. We …rst consider the case of an elected enforcer. We …nd that when the harm generated by offenses is quite small …
Persistent link: https://www.econbiz.de/10010992370
remedies can lead to a lower welfare. For this we study how merger remedies affect the deterrence accomplished by controlling …
Persistent link: https://www.econbiz.de/10010992404
The purpose of this note is to investigate the optimal enforcement of the penal code when criminals invest in a specific class of avoidance activities termed dissembling activities (i.e. self-protection efforts undertaken by criminals to hedge their illegal gains in case of detection and...
Persistent link: https://www.econbiz.de/10005170017
In this paper, we assume that a criminal organization is an agency where the Principal and the Agent have different sensibilities towards the risk of arrestation and punishment, and at the same time have different skills with respect to general organization tasks, crime realization or detection...
Persistent link: https://www.econbiz.de/10005635085
This paper analyzes the determinants of public law enforcement policies when citizens vote for the timing and level of fi…nes. We consider situations where citizens and politicians disagree on the value of the expected social harm associated with some activities. We fi…nd that citizens vote...
Persistent link: https://www.econbiz.de/10011086650