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来源类型Working Paper
规范类型报告
DOI10.3386/w11780
来源IDWorking Paper 11780
The Theory of Public Enforcement of Law
A. Mitchell Polinsky; Steven Shavell
发表日期2005-11-21
出版年2005
语种英语
摘要This chapter of the forthcoming Handbook of Law and Economics surveys the theory of the public enforcement of law %u2013 the use of governmental agents (regulators, inspectors, tax auditors, police, prosecutors) to detect and to sanction violators of legal rules. The theoretical core of our analysis addresses the following basic questions: Should the form of the sanction imposed on a liable party be a fine, an imprisonment term, or a combination of the two? Should the rule of liability be strict or fault-based? If violators are caught only with a probability, how should the level of the sanction be adjusted? How much of society%u2019s resources should be devoted to apprehending violators? We then examine a variety of extensions of the central theory, including: activity level; errors; the costs of imposing fines; general enforcement; marginal deterrence; the principal-agent relationship; settlements; self-reporting; repeat offenders; imperfect knowledge about the probability and magnitude of sanctions; corruption; incapacitation; costly observation of wealth; social norms; and the fairness of sanctions.
主题Microeconomics ; Households and Firms ; Welfare and Collective Choice ; Public Economics ; Taxation ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w11780
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/569431
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A. Mitchell Polinsky,Steven Shavell. The Theory of Public Enforcement of Law. 2005.
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