Optimal Law Enforcement and Victim Precaution
In this I article derive the relationship between the optimal penalty and the probability of apprehension when victim precaution is taken into account. I show that in the area of intentional offenses, the optimal penalty is less than the level that internalizes the victim's harm plus the state's cost of enforcement.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 27 (1996)
Issue (Month): 1 (Spring)
|Contact details of provider:|| Web page: http://www.rje.org|
|Order Information:||Web: https://editorialexpress.com/cgi-bin/rje_online.cgi|
- Baumann, Florian & Friehe, Tim, 2013.
"Private protection against crime when property value is private information,"
International Review of Law and Economics,
Elsevier, vol. 35(C), pages 73-79.
- Florian Baumann & Tim Friehe, 2012. "Private Protection against Crime when Property Value is Private Information," CESifo Working Paper Series 3888, CESifo Group Munich.
- Baumann, Florian & Friehe, Tim, 2013. "Private protection against crime when property value is private information," DICE Discussion Papers 91, University of Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Thierry Pénard & Saïd Souam, 2002. "Collusion et politique de la concurrence en information asymétrique," Annals of Economics and Statistics, GENES, issue 66, pages 209-233.
- Thierry Penard & Saïd Souam, 1999. "Collusion et politique de la concurrence en information asymétrique," Working Papers 99-26, Centre de Recherche en Economie et Statistique.
- Thierry Pénard & S. Souam, 2002. "Collusion et politique de la concurrence en information asymétrique," Post-Print halshs-00069687, HAL.
- Keith N. Hylton & Haizhen Lin, 2008. "Innovation and Optimal Punishment, with Antitrust Applications," Working Papers 2008-09, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Clements, Matthew T., 2003. "Precautionary incentives for privately informed victims," International Review of Law and Economics, Elsevier, vol. 23(3), pages 237-251, September.
- Jensen, Sissel & Kvaløy, Ola & Olsen, Trond E. & Sorgard, Lars, 2013. "Crime and punishment: When tougher antitrust enforcement leads to higher overcharge," Discussion Paper Series in Economics 4/2013, Department of Economics, Norwegian School of Economics.
- Jensen, Sissel & Kvaløy, Ola & Olsen, Trond E. & Sørgard, Lars, 2013. "Crime and punishment: When tougher antitrust enforcement leads to higher overcharge," Discussion Papers 2013/5, Department of Business and Management Science, Norwegian School of Economics.
- Jensen, Sissel & Kvaløy, Ola & Olsen, Trond & Sørgard, Lars, 2013. "Crime and punishment: When tougher antitrust enforcement leads to higher overcharge," UiS Working Papers in Economics and Finance 2013/2, University of Stavanger.
- Paul Hallwood & Thomas J. Miceli, 2014. "Modern Maritime Piracy," Working papers 2014-01, University of Connecticut, Department of Economics.
- Kai Konrad & Stergios Skaperdas, 2012. "The market for protection and the origin of the state," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(2), pages 417-443, June.
- Konrad, Kai A. & Skaperdas, Stergios, 1999. "The Market for Protection and the Origin of the State," CEPR Discussion Papers 2173, C.E.P.R. Discussion Papers.
- Kai A. Konrad & Stergios Skaperdas, 2005. "The Market for Protection and the Origin of the State," CESifo Working Paper Series 1578, CESifo Group Munich.
- Konrad, Kai A. & Skaperdas, Stergios, 2012. "The market for protection and the origin of the state," Munich Reprints in Economics 13961, University of Munich, Department of Economics.
- Guha, Brishti & Guha, Ashok S., 2012. "Crime and moral hazard: Does more policing necessarily induce private negligence?," Economics Letters, Elsevier, vol. 115(3), pages 455-459.
- Baumann, Florian & Denter, Philipp & Friehe, Tim, 2013. "Hide or show? Endogenous observability of private precautions against crime when property value is private information," DICE Discussion Papers 115, University of Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Guha, Brishti, 2013. "Guns and crime revisited," Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 1-10.
- Philip A. Curry & Matthew Doyle, 2012. "Social Welfare and the Benefits to Crime," Working Papers 1205, University of Waterloo, Department of Economics, revised Jul 2012.
- repec:adr:anecst:y:2002:i:66 is not listed on IDEAS
- Saha, Atanu & Poole, Graham, 2000. "The economics of crime and punishment: An analysis of optimal penalty," Economics Letters, Elsevier, vol. 68(2), pages 191-196, August.
- Larcom Shaun, 2013. "Accounting for Legal Pluralism: The Impact of Pre-colonial Institutions on Crime," The Law and Development Review, De Gruyter, vol. 6(1), pages 25-59, November.
When requesting a correction, please mention this item's handle: RePEc:rje:randje:v:27:y:1996:i:spring:p:197-206. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Follow series, journals, authors & more
New papers by email
Subscribe to new additions to RePEc
Public profiles for Economics researchers
Various rankings of research in Economics & related fields
Who was a student of whom, using RePEc
Curated articles & papers on various economics topics
Upload your paper to be listed on RePEc and IDEAS
Blog aggregator for economics research
Cases of plagiarism in Economics
Job Market Papers
RePEc working paper series dedicated to the job market
Pretend you are at the helm of an economics department
Services from the StL Fed
Data, research, apps & more from the St. Louis Fed