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- W2032934972 abstract "In this paper, we develop a general equilibrium model of crime. It is shown that law and norms are substitutes in achieving a stable equilibrium. Here we offer a new interpretation of different theories of social norms in the context of crime and deterrence. The law and economics theory is presented as an ‘opportunism-limiting’ approach to norms whereas the evolutionary theory is presented as an ‘opportunity cost’ approach." @default.
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- W2032934972 date "2003-12-01" @default.
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- W2032934972 title "Crime and social norms" @default.
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- W2032934972 doi "https://doi.org/10.1007/s10258-003-0022-7" @default.
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