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Calls for criminal justice reform have become commonplace, as issues ranging from ethnic and racial bias in policing to prison overcrowding have taken center stage in many policy discussions. The demand for change in the criminal justice system largely falls on the shoulders of leadership within...
Persistent link: https://www.econbiz.de/10014262314
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Numerous empirical studies have documented policing behavior and response to public opinion, social norms, changing laws, neighborhood context and a litany of other subject areas. What is missing from this literature is a general theoretical framework that explains the conflicting goals of...
Persistent link: https://www.econbiz.de/10014131855
Increasing penalty structures for repeat offenses are ubiquitous in penal codes, despite little empirical or theoretical support. Multi-period models of criminal enforcement based on the standard economic approach of Becker (1968) generally find that the optimal penalty structure is either flat...
Persistent link: https://www.econbiz.de/10013023953
The Coase theorem tells us that monetary damages and specific performance remedies for breach of contract have identical effects when transaction costs are zero. This has become a standard part of the literature on the economics of contract law. This note argues that the traditional view is...
Persistent link: https://www.econbiz.de/10013114384
This paper utilizes a spatial competition model to analyze criminal activity. Criminals are heterogeneous in their cost of providing illegal goods and compete by choosing a location and a price for the distribution of the illegal goods to clients. The locational choice of criminals and law...
Persistent link: https://www.econbiz.de/10013122170
In contemporary times, individuals wishing to get married are increasingly using matchmakers to assist them with the task of finding an apposite spouse. This notwithstanding, researchers have paid scant attention to the task of matchmaking from the perspective of a matchmaker. Therefore, the...
Persistent link: https://www.econbiz.de/10014026245
This paper estimates the causal effect of police on traffic fatalities and injuries. Due to simultaneity, estimating the causal effect of police on crime is often difficult. We overcome this obstacle by focusing on a mass layoff of Oregon State Police in February of 2003, stemming from changes...
Persistent link: https://www.econbiz.de/10014176853
The population of most developed societies is ‘graying’. As life expectancy increases and thelarge baby-boom generation approaches retirement age, this has critical consequences formaintaining a high standard of living and the sustainability of pension systems. In the light ofthese labor-force...
Persistent link: https://www.econbiz.de/10005863328
We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...
Persistent link: https://www.econbiz.de/10014333768