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We analyze corruption in law enforcement: the payment of bribes to enforcement agents, threats to frame innocent …, extortion should not be sanctioned. The state may also combat corruption by paying rewards to enforcement agents for reporting …
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This article analyzes corruption of law enforcement agents: payment of bribes to agents so that they will not report … violations. Corruption dilutes deterrence because bribe payments are less than sanctions. The state may not be able to offset … detect and penalize corruption. At the optimum, however, corruption may not be deterred. Nonetheless, it may be desirable to …
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This article analyzes corruption of law enforcement agents: payment of bribes to agents so that they will not report … violations. Corruption dilutes deterrence because bribe payments are less than sanctions. The state may not be able to offset … detect and penalize corruption. At the optimum, however, corruption may not be deterred. Nonetheless, it may be desirable to …
Persistent link: https://www.econbiz.de/10013310213
The deterrence of crime and its reduction through incapacitation are studied in a simple multiperiod model of crime and law enforcement. Optimal imprisonment sanctions and the optimal probability of sanctions are determined. A point of emphasis is that the incapacitation of individuals is often...
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This entry for the forthcoming The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of five primary fields of law: property law; liability for accidents; contract law; litigation; and public enforcement and criminal law. It also briefly considers some...
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This chapter of the forthcoming Handbook of Law and Economics surveys the theory of the public enforcement of law - the … of the central theory, including: activity level; errors; the costs of imposing fines; general enforcement; marginal … probability and magnitude of sanctions; corruption; incapacitation; costly observation of wealth; social norms; and the fairness …
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enforcement are discussed in the chapters that follow. In chapter 20, the basic theory of public enforcement employing monetary … sanctions is discussed; in chapter 21, the basic theory of enforcement using nonmonetary sanctions is examined; and in chapter … 22, extensions to the basic theory are considered. Then, in chapter 23, functions of sanctions apart from deterrence …
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