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Criminal law enforcement depends on the actions of public agents such as police officers, but the resulting agency problems have been neglected in the law and economics literature (especially outside the specific context of corruption). We develop an agency model of police behavior that...
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opportunities of crime) enhancing the ability to apprehend in the future at a lower marginal cost. We focus on the impact of …
Persistent link: https://www.econbiz.de/10014173797
In this paper, we take an organizational view of organized crime. In particular, we study the organizational …
Persistent link: https://www.econbiz.de/10014196012
I consider a general specification of criminals' objective function and argue that, when the general non-expected utility theory is substituted for the traditional expected utility theory, the high-fine-low-probability result (Becker, 1968) only holds under specific and strong restrictions
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In this paper, we develop a general equilibrium model of crime and show that law enforcement has different roles …
Persistent link: https://www.econbiz.de/10014222293
show that the choice of enforcement technology is related to the level of harm caused by crime, and it is likely that an …
Persistent link: https://www.econbiz.de/10014063687