INTEGRATING MARKET ALTERNATIVES INTO THE ECONOMIC THEORY OF OPTIMAL DETERRENCE.
Leading economic models of crime assume that potential criminals achieve their ends by criminal means or not at all. We develop a framework in which potential criminals can also attain their objectives through voluntary trade. Our framework helps explain several features of the legal system that hav...
| Publicado en: | Economic Inquiry Vol. 54; no. 4; pp. 1873 - 1884 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Oct2016
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=117745786&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 117745786 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Oct2016 vid: 54 iid: 4 pid: 480 pub: Wiley-Blackwell artinfo: ui: 117745786 10.1111/ecin.12344 ppf: 1873 ppct: 11 formats: fmt: – @attributes: type: T – @attributes: type: P size: 250KB tig: atl: INTEGRATING MARKET ALTERNATIVES INTO THE ECONOMIC THEORY OF OPTIMAL DETERRENCE. aug: au: Curry, Philip A. Doyle, Matthew affil: Assistant Professor, Department of Economics, University of Waterloo, Waterloo N2L 3G1, Canada Associate Professor, Department of Economics, University of Waterloo, Waterloo N2L 3G1, Canada su: Economic models Criminal records Commerce Law enforcement Punishment sug: subj: Economic models Criminal records Commerce Law enforcement Punishment Police Protection Other Justice, Public Order, and Safety Activities ab: Leading economic models of crime assume that potential criminals achieve their ends by criminal means or not at all. We develop a framework in which potential criminals can also attain their objectives through voluntary trade. Our framework helps explain several features of the legal system that have proven to be problematic for the canonical approach: why optimal sanctions should be increasing in an individual's criminal history, and why necessity may be a partial defense in some situations. Finally, the inclusion of a voluntary trade option makes the maximization of a utilitarian welfare function identical to minimizing the costs of crime, implying that a long-standing controversy in the literature is, in part, an artifact of the assumption that criminals face a binary choice set. ( JEL K42, D60, H00) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|