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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| Medienart: | Elektronisch Buch |
| Sprache: | Englisch |
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