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An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient condition for the implementability of monitoring...
Persistent link: https://www.econbiz.de/10010256706
, the threat of being betrayed by their fellows may induce top-criminals to rely on corruption (to avoid sanctions). However …
Persistent link: https://www.econbiz.de/10011775869
reinforcing inequality and corruption. Despite the broad empirical evidence, there are only a few formal theoretical models on … these dynamics. Relying on a game-theoretic approach, we show how inequality and corruption are interconnected via a crime … societies feature high levels of corruption and criminal activity. Surprisingly, our results allow for the interpretation that …
Persistent link: https://www.econbiz.de/10012902058
increase the cost of corruption but not of the exercise of violence might accordingly lead mafia-style organizations to …
Persistent link: https://www.econbiz.de/10014282766
Is dishonest behavior contagious? We answer this question by studying whether corruption scandals affect the propensity … shoppers, we show that the probability of stealing increases by 16% after a local corruption scandal breaks. This effect is not …
Persistent link: https://www.econbiz.de/10014030662
Based on unique data on individual bank robberies perpetrated in Italy between 2005 and 2007, this paper estimates the distribution of criminals' disutility of jail. The identification rests on the money versus risk trade-off criminals face when deciding whether to stay an additional minute...
Persistent link: https://www.econbiz.de/10009367390
interaction between publicly and privately provisioned crime deterrence efforts. …
Persistent link: https://www.econbiz.de/10008685356
crimes, but a deterrence effect was found on non-index crimes, specifically those related to drug consumption and trafficking … specific deterrence effect resulting from the harsher experience while in prison of those arrested right after, rather than …
Persistent link: https://www.econbiz.de/10010763653
Private individuals and entities invest in a wide variety of market-provisioned self-protection devices or services to mitigate their probability of victimization to crime. However, evaluating the effect of such private security measures remains understudied in the economics of crime literature....
Persistent link: https://www.econbiz.de/10010752941
Despite an abundance of empirical evidence on crime spanning over forty years, there exists no consensus on the impact of the criminal justice system on crime activity. We argue that this may be due to the combined effect of simultaneity, omitted variable bias and aggregation bias that may...
Persistent link: https://www.econbiz.de/10008805891