the effects of the crime rate on the expected sanction. It turns out that these effects are versatile and rich, both in the direction and the magnitude of their influence on the expected sanction. After analyzing these counter effects of the crime rate on the expected sanction, we present a new model of deterrence, which explicitly incorporates the crime rate as one of the determinants of the expected sanction. The adjusted model is then used to study the effects of the crime rate on deterrence and on optimal law enforcement policy.
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Paper provided by Tel Aviv in its series Papers with number
00-14.
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
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