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Most contracts, whether between voters and politicians or between house owners and contractors, are incomplete. "More law", it typically is assumed, increases the likelihood of contract performance by increasing the probability of enforcement and/or the cost of breach. This paper studies a...
Persistent link: https://www.econbiz.de/10014150985
corruption and decrease the large expenses associated with today's democratic election campaigns. Random mechanisms can be …
Persistent link: https://www.econbiz.de/10010359999
; motivation ; framing ; broken window theory …
Persistent link: https://www.econbiz.de/10003861760
Deterrence has been a crucial element in fighting terrorism, both in politics and in rational choice analyses of terrorism. However, there are two strategies that are superior to deterrence. The first one is to make terrorist attacks less devastating and less attractive to terrorists through...
Persistent link: https://www.econbiz.de/10014225421
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 feasible alternatives to punishment exist, such as offering...
Persistent link: https://www.econbiz.de/10010266023
This paper analyzes bureaucracy within the context of the politico-economic framework using the rational choice … approach. Bureaucracy interacts with various groups of decision-makers, and its influence depends on institutional differences … is evidence that bureaucracy has a direct influence on the supply side; (3) it is not useful to view bureaucracy to be in …
Persistent link: https://www.econbiz.de/10009509517
Persistent link: https://www.econbiz.de/10013298871
In the course of history, a large number of politicians have been assassinated. Rational choice hypotheses are developed and tested using panel data covering more than 100 countries over a period of 20 years. Several strategies, in addition to security measures, are shown to significantly reduce...
Persistent link: https://www.econbiz.de/10010264506
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 feasible alternatives to punishment exist, such as...
Persistent link: https://www.econbiz.de/10004979383
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 feasible alternatives to punishment exist, such as...
Persistent link: https://www.econbiz.de/10005013061