A model of criminal sanctions that incorporate both deterrence and incapacitation
This paper adapts the standard economic model of crime to incorporate both deterrence and incapacitation. The results show that adding incapacitation can result in either a longer or a shorter optimal prison term compared to the deterrence-only model.
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- Polinsky, A. Mitchell & Shavell, Steven, 2007.
"The Theory of Public Enforcement of Law,"
Handbook of Law and Economics,
- A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
- A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," NBER Working Papers 11780, National Bureau of Economic Research, Inc.
- Gary S. Becker, 1968.
"Crime and Punishment: An Economic Approach,"
Journal of Political Economy,
University of Chicago Press, vol. 76, pages 169.
- Ehrlich, Isaac, 1981. "On the Usefulness of Controlling Individuals: An Economic Analysis of Rehabilitation, Incapacitation, and Deterrence," American Economic Review, American Economic Association, vol. 71(3), pages 307-22, June.
- Davis, Michael L, 1988. "Time and Punishment: An Intertemporal Model of Crime," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 383-90, April.
- Shavell, Steven, 1987. "A Model of Optimal Incapacitation," American Economic Review, American Economic Association, vol. 77(2), pages 107-10, May.
- Mortensen, Dale T, 1982. "Property Rights and Efficiency in Mating, Racing, and Related Games," American Economic Review, American Economic Association, vol. 72(5), pages 968-79, December.
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