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Nudges.gov : Behavioral Economics and Regulation
Sunstein, Cass R. - 2013
Behavioral economics is influencing regulatory initiatives in many nations, including the United States and the United Kingdom. The role of behavioral economics is likely to increase in the next generation, especially in light of the growing interest in low-cost, choice-preserving regulatory...
Persistent link: https://www.econbiz.de/10013086622
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Impersonal Default Rules vs. Active Choices vs. Personalized Default Rules : A Triptych
Sunstein, Cass R. - 2013
Impersonal default rules, chosen by private or public institutions, establish settings and starting points for countless goods and activities -- cell phones, rental car agreements, computers, savings plans, health insurance, websites, privacy, and much more. Some of these rules do a great deal...
Persistent link: https://www.econbiz.de/10013089764
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The Dark Side of Nudging : The Ethics, Political Economy, and Law of Libertarian Paternalism
McCrudden, Christopher - 2015
Libertarian paternalism, as advanced by Cass Sunstein, is seriously flawed, but not primarily for the reasons that most commentators suggest. Libertarian paternalism and its attendant regulatory implications are too libertarian, not too paternalistic, and as a result are in considerable tension...
Persistent link: https://www.econbiz.de/10013012598
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Regulation As Delegation
Bar-Gill, Oren - 2015
words, government serves as our agent. Understood in light of Principal-Agent Theory (PAT) and Behavioral Principal …-Agent Theory (BPAT), a great deal of modern regulation can be helpfully evaluated as a hypothetical delegation. Shifting from …
Persistent link: https://www.econbiz.de/10013027459
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Cost-Benefit Analysis and the Knowledge Problem
Sunstein, Cass R. - 2014
In the modern regulatory state, there is a serious tension between two indispensable ideas. The first is that it is important to measure, both in advance and on a continuing basis, the effects of regulation on social welfare, usually through cost-benefit analysis. The second idea, attributable...
Persistent link: https://www.econbiz.de/10013045796
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Larceny in the product market : a hidden tax?
Jackson, Osborne; Tran, Thu - 2020 - This version: October 2020
crime as a “hidden tax” on producers or consumers. We estimate the size of this tax and how it is affected by exogenous …
Persistent link: https://www.econbiz.de/10012395124
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The firm and the self-enforcing dynamics of crime and protection
Kløve, Eva; Mehlum, Halvor - 2017
absence of state authority, insecurity and crime generate a demand for protection. When the protection providers themselves … are recruited among criminals, the prospect of graduating to the Firm magnifies the incentive for violent crime. More … tournament and rent-seeking theory, we derive results that contrast with standard results from the rent-seeking literature. For …
Persistent link: https://www.econbiz.de/10011697506
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Law enforcement and criminality : Europe vs. USA
Demougin, Dominique; Schwager, Robert - 1999
difference between the US and Europe in crime statistics and law enforcement expenditures. …
Persistent link: https://www.econbiz.de/10013428268
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Law enforcement and criminality : Europe vs. USA
Demougin, Dominique; Schwager, Robert - 1999
¤erence between the US and Europe in crime statistics and law enforcement expenditures. …
Persistent link: https://www.econbiz.de/10011443261
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Crime, inequality, and the private provision of security
Heufer, Jan - 2011
In a high-crime environment with many high-income citizens, private security companies which offer protection against … crime can flourish. In this article crime is modelled as a game where richer victims yield a higher return on crime, but … with decreasing returns to crime as more criminals choose crime to supplement their income. Private security providers …
Persistent link: https://www.econbiz.de/10009579624