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...

Ausgehend von der ökonomischen Sichtweise menschlichen Verhaltens erfolgt in der vorliegenden Schrift eine institutionenökonomische Analyse des Zusammenhangs von Korruption und staatlichen Handeln. In einer theoretischen Betrachtung werden verschiedene Faktoren besprochen, die Einfluss auf die...

We examine the severity of punishments for employees who perpetrate economic crimes to understand how aggressively organizations enforce compliance with management control systems. Our dataset comprises 608 organizations around the world that identified they experienced economic crime. We find...

Corporate criminal liability puts a serious challenge to the economic theory of enforcement. Are corporate crimes different from other crimes? Are these crimes best deterred by punishing individuals, punishing corporations, or both? What is optimal structure of sanctions? Should corporate...