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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- A. Mitchell Polinsky & Steven Shavell, 2005.
"The Theory of Public Enforcement of Law,"
05-004, Stanford Institute for Economic Policy Research.
- 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.
- Shavell, Steven, 1987. "A Model of Optimal Incapacitation," American Economic Review, American Economic Association, vol. 77(2), pages 107-10, May.
- 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.
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