Rosa, Carlo - In: Rivista Internazionale di Scienze Sociali 113 (2005) 3, pp. 477-485
In Italy, in July 2003, a new highway code came into force. Among other things, it posits a «revolutionary » point-system driving licence. This paper analyses optimal punishment schemes and shows that a simpler policy intervention, such as a dynamic increase in the size of the pecuniary...