We study the optimal use of imprisonment when enforcement efforts are general (i.e. when the probability of detection is common for a range of acts). In contrast to the conventional wisdom that optimal imprisonment rises with the act's harmfulness and is equal to the maximum level only for the most harmful acts, we show that - when the distribution of criminal benefits exhibits a standard monotone hazard rate - optimal imprisonment can only be zero or maximal. Thus, having general as opposed to specific enforcement effort does not alter the fact that only extreme sanction levels should optimally be employed.
D'Antoni, M., Friehe, T., Tabbach, A. (2023). Optimal Imprisonment with General Enforcement of Law. THE B.E. JOURNAL OF ECONOMIC ANALYSIS & POLICY, 23(2), 1-9 [10.1515/bejeap-2022-0420].
Optimal Imprisonment with General Enforcement of Law
D'Antoni, M;
2023-01-01
Abstract
We study the optimal use of imprisonment when enforcement efforts are general (i.e. when the probability of detection is common for a range of acts). In contrast to the conventional wisdom that optimal imprisonment rises with the act's harmfulness and is equal to the maximum level only for the most harmful acts, we show that - when the distribution of criminal benefits exhibits a standard monotone hazard rate - optimal imprisonment can only be zero or maximal. Thus, having general as opposed to specific enforcement effort does not alter the fact that only extreme sanction levels should optimally be employed.File | Dimensione | Formato | |
---|---|---|---|
2023,BEJEAP,Optimal imprisonment with general enforcement of law.pdf
accesso aperto
Tipologia:
PDF editoriale
Licenza:
Creative commons
Dimensione
345.81 kB
Formato
Adobe PDF
|
345.81 kB | Adobe PDF | Visualizza/Apri |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
https://hdl.handle.net/11365/1229234