Marginal Deterrence When Offenders Act Sequentially
AbstractMarginal deterrence concerns the incentives created by criminal penalties for o enders to refrain from committing more harmful acts. We show that when offenders act sequentially, it is often optimal for the level of the sanction, not just the expected sanction, to rise with the severity of the act, even when enforcement is specific.
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Bibliographic InfoPaper provided by University of Connecticut, Department of Economics in its series Working papers with number 2014-09.
Length: 9 pages
Date of creation: May 2014
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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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