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- W1743736699 abstract "This entry for the forthcoming The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of public enforcement of law - the use of public agents (inspectors, tax auditors, police, prosecutors) to detect and to sanction violators of legal rules. We first discuss the basic elements of the theory: the probability of imposition of sanctions, the magnitude and form of sanctions (fines, imprisonment), and the rule of liability. We then examine a variety of extensions, including the costs of imposing fines, mistake, marginal deterrence, settlement, self-reporting, repeat offenses, and incapacitation." @default.
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- W1743736699 date "2006-01-01" @default.
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- W1743736699 title "Public Enforcement of Law" @default.
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- W1743736699 doi "https://doi.org/10.2139/ssrn.901512" @default.
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