Minimally Sufficient Deterrence
نویسندگان
چکیده
منابع مشابه
Minimally Sufficient Research.
Psychology would be improved if researchers stopped using complicated designs, procedures, and statistical analyses for the sole reason that they are able to do so. The present article reviews some of the classic studies in psychology, all of which are breathtakingly simple. The notion of minimally sufficient research is suggested as an ideal worth following. More generally, questions should di...
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Successes of law enforcement in apprehending offenders are often publicized events. Such events have been found to result in temporary reductions in offending, or “residual deterrence”. We provide a theory of residual deterrence which accounts for the incentives of both enforcement officials and potential offenders. Our theory rests on the costs of reallocating enforcement resources. In light o...
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In a second-price auction with costly bidding, bidders can deter others from participating by publicly pre-committing to bid. Such “bid deterrence” increases total welfare when the reserve price is given, but allows the seller to increase expected revenue when the seller can pre-commit to a reserve price. JEL Codes: D44.
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Because punishment is scarce, costly, and painful, optimal enforcement strategies will minimize the amount of actual punishment required to effectuate deterrence. If potential offenders are sufficiently deterrable, increasing the conditional probability of punishment (given violation) can reduce the amount of punishment actually inflicted, by "tipping" a situation from its high-violation equili...
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In liberalized network industries, competitors can either compete for service using the existing infrastructure (access) or deploy their own capacity (bypass). We revisit this make-or-buy problem making two contributions to the literature. First we analyze both the profit maximizing behavior of an incumbent and the welfare maximizing behavior when the entrant chooses between access and bypass. ...
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ژورنال
عنوان ژورنال: Crime and Justice
سال: 2018
ISSN: 0192-3234,2153-0416
DOI: 10.1086/696043