Policy programs on anti-money laundering and combating the financing of terrorism (AML/CFT) have largely called for preventive measures like keeping record of financial transactions and reporting suspicious ones. In this survey study, we analyze the extent of global money laundering and...

Ransoms paid to Somali pirates are drifting upward and negotiation times are increasing, yet there is huge variation in bargaining outcomes across shipowners. We use a unique dataset of 179 Somali hijackings, and an underlying theoretical model of the bargaining process based on detailed...

This paper investigates empirically whether prostitution reduces sex crimes. Theoretical predictions suggest two contradicting effects: substituting or complementing. By using survey data of sex offenders in Korea, I find that prostitution increases the probability of committing sex crimes....

We consider an inspection game between $n$ polluting firms and an environmental enforcement agency. If the cost of monitoring ambient pollution is low enough, the optimal inspection policy consists in imposing the maximal possible fine, and mixing between observing ambient pollution and not...

We develop a theoretical model to identify and compare partial and equilibrium effects of uncertainty and the magnitude of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when the other side's behavior is exogenously given....

This article is based on a survey conducted within the framework of a technical cooperation agreement between the National Justice Council (CNJ) and the Institute for Applied Economic Research (IPEA), with the purpose of presenting an overview of criminal recidivism based on data collected in...

The Law 11.340, known as Maria da Penha Law (MPL), enacted in 2006, represented an important institutional framework in order to overcome domestic violence in Brazil. However, more than eight years after the sanction of MPL, there is a complete gap about empirical studies to evaluate their...

This paper expounds an introductory conception of organized crime, resorting to a few elements of conceptual, economic, institutional and strategic analysis. It seeks to build a preliminary overview of a social phenomenon, leaving out the perspectives of law and legislation. Discussing meanings...

This article verifies the different effects of legal repression over homicide rates across Brazilian states. We analyze the impacts of two different kinds of legal repression: incapacitation (rate of individuals serving time in jail in relation to 100,000 inhabitants) and deterrence (rate of...

Type-I and type-II errors effects do matter both from the rules enforcement perspective and vertically upward to rules enactment. The paper support conventional idea about detrimental influence on deterrence of both types of errors. At the same time special role of type-I errors is demonstrated...