Credible Criminal Enforcement
Economic models of crime and punishment implicitly assume that the government can credibly commit to the fines, sentences, and apprehension rates it has chosen. We study the government's problem when credibility is an issue. We find that several of the standard predictions of the economic model of crime and punishment are robust to commitment, but that credibility may in some cases result in lower apprehension rates, and hence a higher crime rate, compared to the static version of the model.
|Date of creation:||Oct 2003|
|Date of revision:|
|Contact details of provider:|| Postal: University of Connecticut 365 Fairfield Way, Unit 1063 Storrs, CT 06269-1063|
Phone: (860) 486-4889
Fax: (860) 486-4463
Web page: http://www.econ.uconn.edu/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robin W. Boadway & Nicolas Marceau, 1993.
"Time-Consistent Criminal Sanctions,"
883, Queen's University, Department of Economics.
- BOADWAY, Robin & MARCEAU, Nicolas & MARCHAND, Maurice, 1994. "Time-Consistent Criminal Sanctions," CORE Discussion Papers 1994010, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Boadway, R. & Marceau, N. & Marchand, M., 1993. "Time-Consistent Criminal Sanctions," Papers 9318, Laval - Recherche en Politique Economique.
- BOADWAY, Robin & MARCEAU, Nicolas & MARCHAND, Maurice, . "Time-consistent criminal sanctions," CORE Discussion Papers RP 1337, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Gary S. Becker, 1968.
"Crime and Punishment: An Economic Approach,"
Journal of Political Economy,
University of Chicago Press, vol. 76, pages 169.
- Winand Emons, 2002.
"Subgame Perfect Punishment for Repeat Offenders,"
dp0211, Universitaet Bern, Departement Volkswirtschaft.
- Steven Shavell & A. Mitchell Polinsky, 2000.
"The Economic Theory of Public Enforcement of Law,"
Journal of Economic Literature,
American Economic Association, vol. 38(1), pages 45-76, March.
- Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-91, June.
When requesting a correction, please mention this item's handle: RePEc:uct:uconnp:2003-40. 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: (Mark McConnel)
If references are entirely missing, you can add them using this form.