Becker, Gary S.; Murphy, Kevin M.; Grossman, Michael - In: Revista de Economía Institucional 8 (2006) July-December, pp. 17-42
goods is, the greater the increase in social cost from further reducing its production by greater enforcement efforts. So … greater reduction in output and increase in price than optimal enforcement against the same goods if it were illegal, even … though some producers may go underground to avoid a monetary tax. When enforcement is costly, excise taxes and quantity …
