able to emerge to internalize the externalities that caused the private system to generate too little deterrence. The model …

We provide new evidence on the effect of deterrence on crime using the experience of a transition country (the Czech … of deterrence and sharp increases in crime rates. We test whether deterrence, rather than other factors, was responsible … for the post-1989 growth in crime on a panel dataset of Czech regions. The results show significant deterrence effects for …

The standard economic theory of crime deterrence predicts that the conviction of an innocent (type-I error) is as … detrimental to deterrence as the acquittal of a guilty individual (type-II error). In this paper, we qualify this result …, type-I errors can have a larger effect on deterrence than type-II errors. We test these predictions with an experiment …

punishment) results in a reduction of crime due to deterrence. What appears to be a simple and straightforward hypotheses turns … makes a difference whether offenders are subject to general or juvenile criminal law. Usually, empirical analyses of crime/deterrence … indicators of type and "quantity" of punishment the estimation results suggest that deterrence is mainly exerted at the initial …

The standard economic model of crime since Becker (1968) is primarily concerned with deterrence. Actual punishment … fixed, incapacitation can result in a longer or a shorter optimal prison term compared to the deterrence-only model. It is … constrained by offenders' wealth, the optimal prison term is zero. Since the fine achieves first-best deterrence, only efficient …

The standard economic model of crime focuses on the goal of deterrence, but actual punishment schemes, most notably … combines the deterrence and incapacitation motives for criminal punishment. The resulting hybrid model retains the rationality … assumption that is the basis of the pure deterrence model, but assumes that offenders face repeated criminal opportunities over …