Polinsky, A. Mitchell; Shavell, Steven - In: Handbook of law and economics : volume 1, (pp. 403-454). 2007
This chapter surveys the theory of the public enforcement of law—the use of governmental agents (regulators, inspectors … imprisonment term, or a combination of the two? Should the rule of liability be strict or fault-based? If violators are caught only … apprehending violators? A variety of extensions of the central theory are then examined, including: activity level; errors; the …