Public and Private Enforcement of Law under the High Risk of Type I Errors: the Russian Case
AbstractThe authors explain comparative advantages of public enforcement of legislation by public authority by means of control and supervision, on the one hand, and private enforcement, on the other hand, in consumer protection law, labor law and antitrust law in Russia. Along with private and "pure" public enforcement we analyze selective public enforcement as a specific enforcement model. Selective public enforcement may be individually preferable in comparison with private enforcement, but the use of this model in certain circumstances decreases deterrence effect due to an increase of the probability of Type I errors (punishment of the innocents) and underperforms both private and "pure" public enforcement.
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Bibliographic InfoArticle provided by New Economic Association in its journal Journal of the New Economic Association.
Volume (Year): 15 (2012)
Issue (Month): 3 ()
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More information through EDIRC
public; private and "selective public" enforcement; type I errors; deterrence; consumer protection law; labor law; antitrust law;
Find related papers by JEL classification:
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- K31 - Law and Economics - - Other Substantive Areas of Law - - - Labor Law
- K32 - Law and Economics - - Other Substantive Areas of Law - - - Environmental, Health, and Safety Law
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