Optimal Law Enforcement and Victim Precaution
Document Type
Article
Publication Date
Spring 1996
ISSN
1756-2171
Publisher
Wiley on behalf of RAND Corporation
Language
en-US
Abstract
In this article I derive the relationship between the optimal penalty and the probability of apprehension when victim precaution is taken into account. I show that in the area of intentional offenses, the optimal penalty is less than the level that internalizes the victim's harm plus the state's cost of enforcement.
Recommended Citation
Keith N. Hylton,
Optimal Law Enforcement and Victim Precaution
,
in
27
RAND Journal of Economics
197
(1996).
Available at:
https://doi.org/10.2307/2555799
