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Persistent link: https://www.econbiz.de/10012862195
Double taxation agreements pose a particular analytical problem. While they provide a coherent structure that encourages cross-border investment, the agreements also provide opportunities for taxpayers to avoid their domestic tax obligations. To prevent tax avoidance, some countries enact...
Persistent link: https://www.econbiz.de/10013017524
In this article I examine the social desirability of rewarding prisoners for good behavior, either by reducing their sentences (granting “time off”), converting part of their sentences to a period of parole, or providing them with privileges in prison. Rewarding good behavior reduces the...
Persistent link: https://www.econbiz.de/10013020780
Persistent link: https://www.econbiz.de/10012984253
"equality of access" theory. It supports this claim, and contributes to the important public dialogue concerning this prevalent …-standing debate over insider trading based on Rawlsian social contract theory, applied deontology, and empirically informed … theory under the Market Abuse Directive. Finally, it analyzes three insider trading bills currently pending in Congress and …
Persistent link: https://www.econbiz.de/10012988199
This paper outlines the findings of a model of plea bargaining with multiple defendants, in which a prosecutor makes plea offer sequentially. It is shown that plea discount can be minimized with sequential offers and that not all of defendants shall be induced to plead guilty. By allowing...
Persistent link: https://www.econbiz.de/10012994223
The deterrence of crime and its reduction through incapacitation are studied in a simple multiperiod model of crime and law enforcement. Optimal imprisonment sanctions and the optimal probability of sanctions are determined. A point of emphasis is that the incapacitation of individuals is often...
Persistent link: https://www.econbiz.de/10013043001
Debate continues as to the transformations in terrorism evidenced by the September 11 attacks and since that time. Some, including the former U.S. President, point to changes in the nature of terrorism and argue that September 11 constituted a wholly new form of terrorism that demanded a novel...
Persistent link: https://www.econbiz.de/10012918884
Because of the difficulties of distinguishing friend and foe, security and insecurity, or even war and peace, terrorism appears to be an endemic and endless risk. The embedded nature of the terrorist risk appears to demand the treatment of one's neighbour as potentially friend and foe. One of...
Persistent link: https://www.econbiz.de/10012921772
In this article we derive the mix of criminal sanctions—choosing among prison, parole, and probation—that achieves any target level of deterrence at least cost. We assume that prison has higher disutility and higher cost per unit time than parole and probation and that potential offenders...
Persistent link: https://www.econbiz.de/10012934003