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Optimal Penalties for Concealment of Crime
Society should give criminals incentives not to conceal their criminal activity. The concealment costs themselves are a social waste, as are other costs the concealment may impose on society, such as...
View ArticleRadar Detectors, Fixed and Variable Costs of Crime
Raising the sanction will always reduce the utility of the criminal. However, raising the sanction will not always lead to less crime, and may lead to more crime. If a criminal has the opportunity to...
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