Discounting and Criminals' Implied Risk Preferences

It is commonly assumed that potential offenders are more responsive to increases in the certainty than increases in the severity of punishment. An important implication of this assumption within the Beckerian law enforcement model is that criminals are risk-seeking. This note adds to existing litera...

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Bibliographic Details
Main Author: Klick, Jonathan (Author)
Contributors: Mungan, Murat C.
Format: Electronic Book
Language:English
Published: 2015
In:Year: 2015
Online Access: Volltext (kostenfrei)
Check availability: HBZ Gateway