The existing literature on the effects of taxation on income-producing crimes lays claim to several important implications: first, that a pure income tax regime maintains the (efficient) level of crime with respect to risk neutral offenders; second, that the current U.S. income tax laws under...

A large percentage of the deaths from COVID-19 occur among residents of long-term care facilities. There are two possible reasons for this phenomenon. First, the structural features of such settings may lead to death. Alternatively, it is possible that individuals in these facilities are in...

Economic models of income-producing crimes are usually formulated as a labor supply decision (or a portfolio problem) under uncertainty. As such they are easily susceptible to income taxation. This paper incorporates the theory of the taxation of risk taking into such a model to derive results...

When people face risk of death, they over invest in risk reduction: first, they discount their risk-reduction costs by the probability of death; second, they consider the consumption of their wealth as a benefit from risk reduction. From a social perspective, people’s wealth remains after...

This paper studies alternative care situations in which the injurer is liable for harm but the victim is only partially compensated for her losses, for example, because the accident will result in serious bodily injury or death. In these situations, liability gives rise to multiple equilibria,...

This article argues that the law should sometimes encourage offenders to incur costs to avoid punishment. Avoidance, such as concealment of evidence, perjury, or obstruction of justice, is generally deemed socially undesirable because it wastes resources and reduces deterrence. However, since...

Jeremy Bentham and Gary Becker established the tradition of analyzing criminal law in utilitarian and economic terms. This seminal book continues that tradition with specially commissioned, original papers that span the philosophical foundations of the use of economics in criminal law, both...