Publikation:

Repeat Offenders and Imperfect Information

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2008

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Published

Erschienen in

PICKHARDT, M., ed., E. SHINNICK, ed.. Shadow Economy, Corruption and Governance. Cheltenham: Elsevier, 2008, pp. 63-78

Zusammenfassung

The severity of the sanction for a given offense is often determined by the offense history of the offender. We establish that this policy can be welfare-maximizing if individuals are imperfectly informed about the magnitude of the sanction. Imperfect information distorts individuals' perception of the expected sanction of the first offense. Once detected, individuals learn about the sanction applicable to their act, making this argument less relevant for consecutive offenses.

Zusammenfassung in einer weiteren Sprache

Fachgebiet (DDC)
330 Wirtschaft

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Optimal law enforcement, Escalating sanctions, Repeat offender, Imperfect information

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ISO 690FRIEHE, Tim, 2008. Repeat Offenders and Imperfect Information. In: PICKHARDT, M., ed., E. SHINNICK, ed.. Shadow Economy, Corruption and Governance. Cheltenham: Elsevier, 2008, pp. 63-78
BibTex
@incollection{Friehe2008Repea-1871,
  year={2008},
  title={Repeat Offenders and Imperfect Information},
  publisher={Elsevier},
  address={Cheltenham},
  booktitle={Shadow Economy, Corruption and Governance},
  pages={63--78},
  editor={Pickhardt, M. and Shinnick, E.},
  author={Friehe, Tim}
}
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