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Regulatory agencies frequently present violators with warnings, not pursuing prosecution if the violation ceases upon receipt of the warning. We show how such warnings may help regulators to keep control: Prosecution is costly for the regulator, and insufficient prosecution efforts yield low...
Persistent link: https://www.econbiz.de/10014075526
As part of a recent trend toward more cooperative relations between regulators and industry, novel government programs are encouraging firms to monitor their own regulatory compliance and voluntarily report their own violations. In this study, we examine how regulatory enforcement activities...
Persistent link: https://www.econbiz.de/10014026229
The connection between road traffic safety and criminal behavior has recently become a topic of interest in the literature, although little emphasis placed on the relationship with road accidents. Evidence worldwide shows that people who commit other offences characteristic of antisocial...
Persistent link: https://www.econbiz.de/10010765280
The connection between crime and road safety is a relatively recent topic in academic research, although most studies have focused on the link between criminal behavior and traffic offenses, and only a few authors discuss the possible relationship with traffic accident fatalities. Evidence...
Persistent link: https://www.econbiz.de/10011191091
punishment statistics, we find that the effect of enforcement on smuggling prices is small. Though enforcement has more than … tripled over the past fifteen years, smuggling prices have increased by at most 30 percent. Unlike estimates from illegal … costs of enforcement on smuggling prices …
Persistent link: https://www.econbiz.de/10013319514
Increased enforcement can lead crime to be displaced to alternative lawbreaking methods. In theory, crime displacement should respond positively to the size of profits threatened by enforcement. If enforcement displaces crime towards lawbreaking methods with lower variable costs, the overall...
Persistent link: https://www.econbiz.de/10014071749
I describe how monitoring and harsher law enforcement reduce the expected economic benefits of crime. I investigate the effect of shifts in legal authorities' surveillance by focusing on junkyards, firms often associated with illegal markets and auto theft. Starting in 2014, many municipalities...
Persistent link: https://www.econbiz.de/10013419047
Persistent link: https://www.econbiz.de/10014283031
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10008798525
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10012712594