Escalating Penalties for Repeat Offenders
AbstractAgents may commit a crime twice. The act is inefficient so that the agents are to be deterred. Even if an agent is law abiding, they may still commit the act accidentally. The agents are wealth constrained. The government seeks to minimize the probability of apprehension. If the benefit from the crime is small, the optimal sanction scheme is decreasing in the number of offenses. In contrast, if the benefit is large, sanctions are increasing in the number of offenses. Increasing sanctions do not make the criminal track less attractive; they make honesty more attractive.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 4131.
Date of creation: Dec 2003
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Other versions of this item:
- Winand Emons, . "Escalating Penalties for Repeat Offenders," American Law & Economics Association Annual Meetings 1005, American Law & Economics Association.
- Winand Emons, 2003. "Escalating Penalties for Repeat Offenders," Diskussionsschriften dp0315, Universitaet Bern, Departement Volkswirtschaft.
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
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