Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/7201
Title: On the optimality of nonmaximal fines in the presence of corruptible law enforcers
Authors: Çelik, Görkem
Sayan, Serdar
Keywords: Corruption
Law enforcement
Issue Date: 2008
Publisher: Springer Heidelberg
Abstract: In this paper, we develop a model of law enforcement with the possibility of corruption between enforcers and potential offenders. We study how the violation rate changes with the level of the fine imposed on violations. We find, in contrast to the conventional wisdom, that the fine level that minimizes violations can be intermediate rather than large. We then study conditions under which different fine levels would be optimal.
URI: https://doi.org/10.1007/s10058-008-0050-y
https://hdl.handle.net/20.500.11851/7201
ISSN: 1434-4742
Appears in Collections:İktisat Bölümü / Department of Economics
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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