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The standard model of optimal deterrence predicts that the probability of wrongful conviction of the innocent is, at the margin, as detrimental to deterrence as the wrongful acquittal of guilty individuals. We extend the model in several directions: using expected utility as well as nonexpected...
Persistent link: https://www.econbiz.de/10010552859
The standard model of optimal deterrence predicts that the probability of wrongful conviction of the innocent is, at the margin, as detrimental to deterrence as the probability of wrongful acquittal of guilty individuals. We extend the model in several directions: using expected utility as well...
Persistent link: https://www.econbiz.de/10010897151
The principle that it is better to let some guilty individuals be set free than to mistakenly convict an innocent person is generally shared by legal scholars, judges and lawmakers of modern societies. The paper shows why this common trait of criminal procedure is also efficient. It extends the...
Persistent link: https://www.econbiz.de/10004964411
Mandatory disclosure of evidence and double jeopardy are considered to be among the most important bulwarks against …
Persistent link: https://www.econbiz.de/10005198709
Im vorliegenden Aufsatz wird ein Begriffskonzept entwickelt, das zum besseren Verständnis des Zusammenspiels der Dynamiken von Ökosystemen und Wirtschaft dient: das Konzept des Bestandes. Der Bestandsbegriff wird allgemein mengentheoretisch formuliert. Die zentrale Eigenschaft eines Bestandes...
Persistent link: https://www.econbiz.de/10009004753
-driven to market-driven system. Moreover, RFID's value increases with uncertainties in reverse operations as well as individual …We consider RFID tags and their applications from a recycling/remanufacturing perspective and propose a novel framework … RFID. The incorporation of RFID in the reverse supply chain results in cost reduction, service and production quality …
Persistent link: https://www.econbiz.de/10010702878
instances where new technologies are implemented without thoroughly testing for vulnerabilities. We consider RFID, a disruptive … ethics model to incorporate the effects of emerging information and communication technologies, specifically that of RFID … design regulation. We use the case of RFID to illustrate the model and matrices. Copyright Springer Science+Business Media B …
Persistent link: https://www.econbiz.de/10010868063
RFID (Radio-Frequency IDentification) has been proposed as a leading technology that could help reduce wastage in … information on their ambient conditions through appropriate sensors. We model and study the utility of sensor-enabled RFID … incorporation of RFID could benefit distributors, retailers and consumers. We also consider RFID investment decision in a highly …
Persistent link: https://www.econbiz.de/10010869158
-ID technology such as RFID with necessary sensors. Specifically, we extend the model in Bai and Kendall (2008) to incorporate item …
Persistent link: https://www.econbiz.de/10010869177
a retail store is RFID-tagged. While the business case for expensive items to be RFID tagged may be somewhat clear, we … claim that even ‘cheap’ items (i.e., those that cost less than an RFID tag) should be RFID tagged for retailers to benefit … from efficiencies associated with item-level visibility. We study the relative price premiums a retailer with RFID tagged …
Persistent link: https://www.econbiz.de/10010871189