An economic theory of optimal enactment and enforcement of laws

A theory of optimal enactment and enforcement of law is developed. Enactment without enforcement can be optimal if some people reflexively obey the law.

An Economic Theory of Optimal Enactment and Enforcement of Laws

Request PDF | An Economic Theory of Optimal Enactment and Enforcement of Laws | We consider a government's interrelated decisions of enacting laws ...

An economic theory of optimal enactment and enforcement of laws ...

We consider a government's interrelated decisions of enacting laws prohibiting harmful behavior and choosing how aggressively to enforce those laws.

An economic theory of optimal enactment and enforcement of laws

Bowles, The scope of criminal law and criminal sanctions: an economic view and policy implications, Journal of Law and Society, № 35, с. 389

The Economic Theory of Public Enforcement of Law

Hence, individuals commit the harmful act if and only if their gain exceeds the harm, which is first-best behavior. 14. The framework for studying public ...

The Economic Theory of Public Enforcement of Law - jstor

that individuals act optimally when en- gaging in the activity-for example ... theory of optimal law enforcement.84. (b) We also have not discussed ...

The Economic Theory of Public Enforcement of Law

the optimal level of activity presumes that individuals act optimally when en- gaging in the activity-for example, that they drive with appropriate care.42.

Theory of Enforcement | Public Law and Economics - Oxford Academic

This chapter presents the economic theory of enforcement. It begins with a positive theory of enforcement, which emphasizes deterrence.

The economic theory of public enforcement of law - ProQuest

The economic theory of public enforcement of law is presented in a systematic and comprehensive way. When the probability of detection of a harmful act is taken ...

The Economic Theory of Public Enforcement of Law

Hence, individu- als commit the harmful act if and only if their gain exceeds the harm, which is first-best behavior.17 (It is important to note, however, that ...

The Optimum Enforcement of Laws

enses. GEORGE J. STIGLER. II. THE SUPPLY OF OFFENSES. 59. The commission of offenses will be an act of production for income or an act of consumption. A ...

The Economic Theory of Public Enforcement of Law

Becker 1968 published a highly influential article. Since then, well over two hundred articles have been written on the economics of enforcement. The main ...

An Economic Theory of the Criminal Law - Chicago Unbound

Posner, Economic Analysis of Law ch. 7. (2d ed. 1977). Both Becker, supra note 2, and Stigler, The Optimum Enforcement of. 1193. HeinOnline -- 85 Colum. L. Rev ...

THE THEORY OF PUBLIC ENFORCEMENT OF LAW*

The determination of the optimal level of activity presumes that individuals act optimally when engaging in ... “The Economic Theory of Public Enforcement of Law” ...

The Optimum Enforcement of Laws - jstor

So much for prevention and punishment; let us turn to the offenses. 2. The Supply of Offenses. The commission of offenses will be an act of production for ...

The Economic Theory of Public Enforcement of Law - IDEAS/RePEc

This article surveys the theory of the public enforcement of law -- the use of public agents (inspectors, tax auditors, police, prosecutors) to detect and to ...

Economic Theory of Criminal Law

Normative economic theory, which began with writings by Beccaria and Bentham, aims to recommend an ideal criminal punishment scheme. Positive ...

Department of Economics Working Paper Series

that, while economic theory is useful in prescribing a theory of optimal enforcement of criminal law, it does not, and indeed cannot ...

The Economics of Crime and Punishment

Corporate Criminal Liability: The economic model of law enforcement assumes that efficient penalties can achieve optimal deterrence. ... An Economic Theory of the ...

The Economic Theory of Public Enforcement of Law - ResearchGate

... The economic analysis of illegal activities was originally proposed byBecker (1968), whose focus was not on organized crimes as he only considered the ...