In a tournament, competitors may have the incentive to engage in undesirable activities, or cheating, in order to gain an advantage. Examples of such activities include the taking of steroids, plagiarism, and quot;creative accountingquot;. This paper considers the problem of deterrence of such...

Modern consumers of intellectual property, and especially software, find that the products they buy are protected by ever more sophisticated forms of copy protection. This occurs despite the presence of legislative protection. The economics literature within the area has begun to take note, yet...

There exists a large literature on the optimal deterrence of crime. Within the literature, however, there exists a controversy over what the appropriate criterion is to determine optimality. The most popular method is that of maximization of a utilitarian welfare function. The controversy stems...

In this paper we consider the role of governments in designing their policy for tax planning strategies. We consider two distinct types of social costs: the cost associated with lost tax revenue, and the cost that arises from taxpayers' search for new methods to reduce their tax burden....