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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
We conduct laboratory experiments to investigate the effect of deterrence mechanisms on recidivism under controlled conditions. Experimental analysis allows for easier identification of recidivism than the use of empirical or field data. Specifically, we focus on the effect of variation in...
Persistent link: https://www.econbiz.de/10014179654
Researchers have raised two concerns about the current patent approval process by the United States Patent and Trademark Office (USPTO). First, it takes too long to process applications. Second, examiners make too many errors in the approval process. The first concern suggests that examiners...
Persistent link: https://www.econbiz.de/10014047948
DeAngelo et al. (2006) have recently used the AWS criterion in a M/G/1 queuing model to show that there is no necessary tension between economic cost minimization and inspection stringency in non-native species management. In this paper, we use an alternate cost criterion (AWQ criterion) to...
Persistent link: https://www.econbiz.de/10014048387
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
In seminal contributions, Kahneman, Knetsch and Thaler (1986a, 1986b) introduce dictator games and questionnaires to investigate whether fairness constrains profit maximization. They find that fairness does matter in dividing monetary gains. This is important because standard microeconomic...
Persistent link: https://www.econbiz.de/10014147400
We consider a bargaining environment where there is asymmetric information regarding whether the two players have common or conflicting preferences. If the cost of strategic communication is independent of the state, then signaling is not expected to be effective. If the uninformed agent...
Persistent link: https://www.econbiz.de/10014117231
Multiperiod models of criminal enforcement based on the standard economic approach of Becker (1968) generally find that the optimal penalty structure is either flat or declining. We present the first experimental test of a two‐stage theoretical model that predicts decreasing penalty structures...
Persistent link: https://www.econbiz.de/10014119694