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Can corruption improve economic efficiency? Classical political economists argue that corruption undermines the rule of law (Smith 2001, Chap 5). The modern Public Choice proponents argue that corruption might influence the efficiency of the rule of law. While Chicago Public Choice scholars...
Persistent link: https://www.econbiz.de/10014178681
interact without government. From their non-public-interested explanations of the creation of government law enforcement to … more realistic perspective on government and how people interact when government law enforcement is lacking. Although the …
Persistent link: https://www.econbiz.de/10014211569
Deterrence has been a crucial element in fighting terrorism, both in politics and in rational choice analyses of terrorism. However, there are two strategies that are superior to deterrence. The first one is to make terrorist attacks less devastating and less attractive to terrorists through...
Persistent link: https://www.econbiz.de/10014225421
Can corruption improve economic efficiency? Classical political economists argue that corruption undermines the rule of law (Smith 2001, chap 5). Modern Public Choice proponents argue that corruption and lobbying might influence the rule of law’s efficiency. While Chicago Public Choice...
Persistent link: https://www.econbiz.de/10014149245
result, they insufficiently police the agents during booms and excessively do so during busts. Conspicuous law enforcement … prosecutors face, as well as their failure to consider law enforcement's effect on principals' perceptions, result in enforcement …
Persistent link: https://www.econbiz.de/10014052348
social conflict. We see conflict phenomena such as crime and civil war as involving resource appropriation activities. We … show that not all shocks that could make society richer will reduce conflict. Positive shocks to labor intensive industries … will diminish social conflict, while positive shocks to capital intensive industries will increase it. The key requirement …
Persistent link: https://www.econbiz.de/10014069582
We study strategic behavior by private litigants when courts' judgments are "inalienable" in the sense that it is unlawful to contract around them ex post. Inalienable judgments arise in many contexts, including antitrust, labor law, intellectual property, unfair competition, and various types...
Persistent link: https://www.econbiz.de/10013294314
Can corruption improve economic efficiency? Classical political economists argue that corruption undermines the rule of law (Smith 2001, chap 5). The modern Public Choice proponents argue that corruption and lobbying might influence the efficiency of the rule of law. While Chicago Public Choice...
Persistent link: https://www.econbiz.de/10014168990
Can corruption improve economic efficiency? Classical political economists argue that corruption undermines the rule of law (Smith 2001, chap 5). The modern Public Choice proponents argue that corruption and lobbying might influence the efficiency of the rule of law. While Chicago Public Choice...
Persistent link: https://www.econbiz.de/10014168994
am able to shed light on enforcement behavior. I find that in parts of a city where drug penalties were weakened, there … consistent with police treating enforcement effort and punishment severity as complementary. I also find that citywide crime and … punishment and suggests that certain types enforcement can be reduced without incurring large public safety costs …
Persistent link: https://www.econbiz.de/10012607030