Jensen, Sissel; Kvaløy, Ola; Olsen, Trond E.; … - Institutt for foretaksøkonomi, Norges Handelshøyskole … - 2013
The economics of crime and punishment postulates that higher punishment leads to lower crime levels, or less severe crime. It is however hard to get empirical support for this rather intuitive relationship. This paper offers a model that can contribute to explain why this is the case. We show...