Optimal parole decisions
AbstractThis paper investigates parole decisions when the offender may commit a second crime after having been set free. A convicted person is discharged earlier if the cost of the crime declines or the cost of the imprisonment increases. More dangerous offenders will be dismissed later unless the second penalty has a stronger deterrence effect on them. Other results require an insignificant deterrence effect of the second punishment to overcome their general ambiguity. If this condition holds, the prison term actually served will increase with a more distant time horizon, more severe sentences, and a higher apprehension probability.
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Bibliographic InfoPaper provided by University of Munich, Department of Economics in its series Munich Reprints in Economics with number 20546.
Date of creation: 1999
Date of revision:
Publication status: Published in International Review of Law and Economics 2 19(1999): pp. 159-166
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- Mechoulan, Stéphane & Sahuguet, Nicolas, 2011. "Assessing Racial Discrimination in Parole Release," CEPR Discussion Papers 8506, C.E.P.R. Discussion Papers.
- White, Mark D., 2008. "Time, speeding behavior, and optimal penalties," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(1), pages 384-399, February.
- repec:clg:wpaper:2009-06 is not listed on IDEAS
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