RT Article
T1 Theory and estimation in models of crime and its social control and their relations to concepts of social output
JF The economics of public services
SP 116
OP 147
A1 Carr-Hill, Roy A. 1943-
A2 Stern, Nicholas H. 1946-
LA English
YR 1977
UL https://krimdok.uni-tuebingen.de/Record/383837642
AB Following a short introduction, consideration is given (section II) to a model, developed by Becker (1968), that attempts to describe the generation of, and optimum punishment for, illegal activity. It is shown that this model has no optimum finite solution for the case where punishment is costless (fines, according to Becker). Possible modifications are then discussed and it is suggested that the notion of retribution is required in order to explain observed penalties.
SN 0470013745
K1 CRIMINAL justice system
K1 violent offences
K1 absolute risk aversion
K1 minor offence
K1 social loss