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Consider legal uncertainty as uncertainty about the legality of a specific action. In particular, suppose that the threshold of legality is uncertain. I show that this legal uncertainty raises welfare. Legal uncertainty changes deterrence in opposite directions. The probability of conviction...
Persistent link: https://www.econbiz.de/10012940344
Consider legal uncertainty as uncertainty about the legality of a specific action. In particular, suppose that the threshold of legality is uncertain. I show that this legal uncertainty raises welfare. Legal uncertainty changes deterrence in opposite directions. The probability of conviction...
Persistent link: https://www.econbiz.de/10012977556
Consider legal uncertainty as uncertainty about the legality of a specific action. In particular, suppose that the threshold of legality is uncertain. I show that this legal uncertainty raises welfare. Legal uncertainty changes deterrence in opposite directions. The probability of conviction...
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Deloitte GmbH Wirtschaftsprüfungsgesellschaft im Bereich Risk Advisory, Köln. Dr. Alexander Pastwa, Senior Manager bei der … Deloitte GmbH Wirtschaftsprüfungsgesellschaft im Bereich Risk Advisory, Düsseldorf. Dr. Uwe Rudolf Fingerlos, Teammanager bei …
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