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A Note on Optimal Fines When Wealth Varies among Individuals

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Author Info
Polinsky, A Mitchell
Shavell, Steven

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Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 81 (1991)
Issue (Month): 3 (June)
Pages: 618-21
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Handle: RePEc:aea:aecrev:v:81:y:1991:i:3:p:618-21

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Polinsky, A. Mitchell & Shavell, Steven, 1984. "The optimal use of fines and imprisonment," Journal of Public Economics, Elsevier, vol. 24(1), pages 89-99, June. [Downloadable!] (restricted)
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  2. Gary S. Becker, 1968. "Crime and Punishment: An Economic Approach," Journal of Political Economy, University of Chicago Press, vol. 76, pages 169. [Downloadable!] (restricted)
    Other versions:
  3. Louis Kaplow, 1992. "The Optimal Probability and Magnitude of Fines for Acts that Definitely are Undesirable," NBER Working Papers 3008, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Polinsky, Mitchell & Shavell, Steven, 1979. "The Optimal Tradeoff between the Probability and Magnitude of Fines," American Economic Review, American Economic Association, vol. 69(5), pages 880-91, December. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Gorkem Celik & Serdar Sayan, 2008. "On the optimality of nonmaximal fines in the presence of corruptible law enforcers," Review of Economic Design, Springer, vol. 12(3), pages 209-227, September. [Downloadable!] (restricted)
  2. Hugh Gravelle & Nuno Garoupa, . "Optimal Deterrence with Legal Defence Expenditure," Discussion Papers 00/08, Department of Economics, University of York. [Downloadable!]
    Other versions:
  3. Timothy Stanley, 1995. "Optimal Penalties for Concealment of Crime," Law and Economics 9507001, EconWPA, revised 27 Dec 1995. [Downloadable!]
  4. repec:bep:rlecon:3:2007:2:3 is not listed on IDEAS
  5. Nuno Garoupa, 1997. "The Economics of Organized Crime and Optimal Law Enforcement," Economics Working Papers 246, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 1997. [Downloadable!]
    Other versions:
  6. Avner Bar-Ilan & Bruce Sacerdote, 2001. "The Response to Fines and Probability of Detection in a Series of Experiments," NBER Working Papers 8638, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. Marette, Stéphan, 2005. "Inspection Intensity and Market Structure," Staff General Research Papers 12451, Iowa State University, Department of Economics. [Downloadable!]
    Other versions:
  8. Langlais, Eric, 2007. "Too much or not enough crimes? On the ambiguous effects of repression," MPRA Paper 1575, University Library of Munich, Germany. [Downloadable!]
  9. Boyd, James, 1996. "Banking on "Green Money:" Are Environmental Financial Responsibility Rules Fulfilling Their Promise?," Discussion Papers dp-96-26, Resources For the Future. [Downloadable!]
  10. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia. [Downloadable!]
  11. Schmitz, Patrick W., 2000. "On the Joint Use of Liability and Safety Regulation," MPRA Paper 12536, University Library of Munich, Germany. [Downloadable!]
    Other versions:
  12. Timothy Stanley, 1995. "Radar Detectors, Fixed and Variable Costs of Crime," Law and Economics 9507002, EconWPA, revised 27 Dec 1995. [Downloadable!]
  13. A. Mitchell Polinsky, 2004. "Optimal Fines and Auditing When Wealth is Costly to Observe," NBER Working Papers 10760, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  14. Bogetic, Zeljko & Hillman, Arye L., 1994. "The tax base in transition : the case of Bulgaria," Policy Research Working Paper Series 1267, The World Bank. [Downloadable!]
  15. Carmen Arguedas, 2008. "To Comply or Not To Comply? Pollution Standard Setting Under Costly Monitoring and Sanctioning," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 41(2), pages 155-168, October. [Downloadable!] (restricted)
    Other versions:
  16. A. Mitchell Polinsky, 2004. "The Optimal Use of Fines and Imprisonment When Wealth is Unobservable," NBER Working Papers 10761, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  17. Arguedas, Carmen, 2005. "Optimal environmental standards under asymmetric information and imperfect enforcement," Discussion Paper 10, Tilburg University, Center for Economic Research. [Downloadable!]
  18. Nuno Garoupa, 2000. "Optimal Magnitude and Probability of Fines," Economics Working Papers 454, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    Other versions:
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