Judicial Errors and Crime Deterrence: Theory and Experimental Evidence

The standard economic theory of crime deterrence predicts that the conviction of an innocent (type-I error) is as detrimental to deterrence as the acquittal of a guilty individual (type-II error). In this paper, we qualify this result theoretically, showing that in the presence of risk aversion, los...

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Bibliographic Details
Authors: Luca Stanca (Author) ; Matteo Rizzolli (Author)
Format: Electronic Book
Language:English
Online Access: Volltext (kostenfrei)
Check availability: HBZ Gateway
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