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Polinsky, A. Mitchell; Shavell, Steven - 2000

We analyze corruption in law enforcement: the payment of bribes to enforcement agents, threats to frame innocent individuals in order to extort money from them, and the actual framing of innocent individuals. Bribery, extortion, and framing reduce deterrence and are thus worth discouraging....

Persistent link: https://www.econbiz.de/10014175337

Inducing Corporate Compliance : A Compound Corporate Liability Regime

Oded, Sharon - 2011

Corporate liability regimes have two major social goals: inducing corporations to internalize all social ramifications of their activity; and inducing corporations to prevent, deter, and report their employee misconduct. The scholarly polemic has shown that none of the liability regimes...

Persistent link: https://www.econbiz.de/10014177572

Role Induced Bias in Court : An Experimental Analysis

Glöckner, Andreas; Engel, Christoph - 2012

Criminal procedure is organized as a tournament with predefined roles. We show that assuming the role of a defense counsel or prosecutor leads to role induced bias even if participants are asked to predict a court ruling after they have ceased to act in that role, and if they expect a...

Persistent link: https://www.econbiz.de/10014191303

Judicial Errors and Crime Deterrence : Theory and Experimental Evidence

Rizzolli, Matteo; Stanca, Luca - 2013

The standard economic theory of crime deterrence predicts that the conviction of an innocent (type-I error) is as …

Persistent link: https://www.econbiz.de/10014205882

The Use of Settlements in Public Antitrust Enforcement : Objectives and Principles

Wils, Wouter P. J. - 2013

This paper discusses two general questions concerning the use of settlements in public antitrust enforcement, namely under which conditions the use of settlements contributes to optimal antitrust enforcement, and under which conditions self-incrimination and waivers of procedural rights by...

Persistent link: https://www.econbiz.de/10014217966

Optimal Enforcement of Safety Law

van den Bergh, Roger; Visscher, Louis T. - 2010

Given the threats of our current 'risk society', there is an ever-increasing demand for safety regulation to counter the harmful effects of an equally growing number of dangerous activities. Claims for more safety and security abound, ranging from concerns about people killed in traffic...

Persistent link: https://www.econbiz.de/10014219206

Do Warrants Matter?

Minzner, Max; Anderson, Christopher M. - 2011

The recently-disclosed Terrorist Surveillance Program (TSP) has caused debate over whether warrants should be required for wiretaps targeting international terrorism. We examine traditional criminal wiretaps to determine whether the warrant requirement limits law enforcement. We find budget...

Persistent link: https://www.econbiz.de/10014221695

Hyperbolic Criminals and Repeated Time-Inconsistent Misconduct

Utset, Manuel A. - 2008

-term perspective) have negative expected returns. The Article makes four principal contributions. First, it develops a theory of … discounting and self-control problems. Second, it identifies various deterrence implications of the theory, showing, among other …. Third, it explains a number of well-known empirical puzzles of neoclassical theory, including why policymakers punish repeat …

Persistent link: https://www.econbiz.de/10014222849

Carrots, Sticks, and the Multiplication Effect

Dari‐Mattiacci, Giuseppe; De Geest, Gerrit - 2016

Although a punishment can be applied only once, the threat to punish can be repeated several times. This is possible because, when parties comply, the punishment is not applied and can thus be used to support a new threat. We refer to this feature of sticks as the "multiplication effect". The...

Persistent link: https://www.econbiz.de/10014222949

From the 'Econometrics of Capital Punishment' to the 'Capital Punishment' of Econometrics : On the Use and Abuse of Sensitivity Analysis

Dezhbakhsh, Hashem; Rubin, Paul H. - 2012

The academic debate over the deterrent effect of capital punishment has intensified again with a major policy outcome at stake. About two dozen empirical studies have recently emerged that explore the issue. Donohue and Wolfers (2005) claim to have examined the recent studies and shown the...

Persistent link: https://www.econbiz.de/10014223785