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Sep 30, 2022 · It begins with a positive theory of enforcement, which emphasizes deterrence. Deterrence involves the costs and benefits of lawbreaking for citizens and the costs and benefits of enforcement by the government. The discussion relates enforcement to settlement, deterrence, and irrationality.
Sep 30, 2022 · It begins with a positive theory of enforcement, which emphasizes deterrence. Deterrence involves the costs and benefits of lawbreaking for citizens and the costs and benefits of enforcement by...
This chapter describes how law enforcement can be understood through the lens of economics, specifically public economics and the economics of government. In addition, it offers a brief summary of recent contributions that applied economists have made to the study of policing, and places where economists can contribute more.
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Ch. 6: The Theory of Public Enforcement of Law 405 1. Introduction Public enforcement of law—the use of governmental agents to detect and to sanction violators of legal rules—is a subject of obvious importance. Police and prosecutors en-deavor to solve crimes and to punish criminals, regulators attempt to control violations
Fifth, we consider public enforcement of law, focusing on the level of law enforcement effort, the magnitude of sanctions, and other issues relevant to criminal law. Finally, we discuss criticisms that are commonly made by legal academics of economic analysis of law and offer concluding remarks. Keywords law and economics, liability, accident(s ...
We first present the basic elements of the theory, focusing on the probability of imposition of sanctions, the magnitude and form of sanctions, and the rule of liability.
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Aug 11, 2020 · This chapter describes how law enforcement can be understood through the lens of economics, specifically public economics and the economics of government. In addition, it offers a brief summary of recent contributions that applied economists have made to the study of policing, and places where economists can contribute more.