A note on optimal law enforcement under asymmetric information

Nuno Garoupa, Mohamed Jellal

Research output: Contribution to journalReview articlepeer-review

5 Citations (Scopus)

Abstract

We show that the probability of apprehension and punishment is usually reduced in a framework with asymmetric information, leading to more offenses being committed. A positive correlation between crime and asymmetry of information in the enforcement process is established. Some suggestions concerning the efficiency of private versus public enforcement are drawn.

Original languageEnglish
Pages (from-to)5-13
Number of pages9
JournalEuropean Journal Of Law And Economics
Volume14
Issue number1
DOIs
Publication statusPublished - 1 Jan 2002

Keywords

  • Asymmetry of information
  • Fine
  • Probability of detection

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