Deterrence of a criminal team: how to rely on its members' shortcomings?
AbstractIn this paper, we modelize a criminal organization as an agency where the Principal and the Agent have different sensibilities towards the risk of arrestation and punishment, and at the same time have different skills with respect to general organization tasks, crime realization or detection avoidance activities (i.e. allowing to reduce the probability of detection). In this set up, we first compare two regimes of exclusive sanctions (either the sanctions are borne by the Principal/beneficiary of the crime, or they are borne by the Agent/perpetrator of the crime), and we analyze the comparative efficiency of the various instruments which are at the disposal of public authorities to prevent corporation in criminal activities (frequency of control and level of monetary penalties). Finally, we study a case with joint liability.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 14369.
Date of creation: Nov 2008
Date of revision:
Criminal teams; corporate criminality; state dependent risk aversion; deterrence; monetary penalties versus detection;
Other versions of this item:
- Eric LANGLAIS, 2009. "Deterrence Of A Criminal Team: How To Rely On Its Members' Short Comings ?," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(1(7)_ Spr).
- Eric Langlais, 2009. "Deterrence of a criminal team: how to rely on its members’shortcomings ?," EconomiX Working Papers 2009-11, University of Paris West - Nanterre la Défense, EconomiX.
- K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-04-05 (All new papers)
- NEP-CTA-2009-04-05 (Contract Theory & Applications)
- NEP-LAW-2009-04-05 (Law & Economics)
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