منابع مشابه
Hyperbolic Punishment Function∗
All models in Law and Economics use punishment functions (PF) that incorporates a trade-off between probability of detection, p, and punishment, F . Suppose society wishes to minimize the total costs of enforcement and damages from crime, T (p, F ). For a given p, an optimal punishment function (OPF) determines an F that minimizes T (p, F ). A popular and tractable PF is the hyperbolic punishme...
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ژورنال
عنوان ژورنال: Review of Law & Economics
سال: 2012
ISSN: 1555-5879
DOI: 10.1515/1555-5879.1570