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Timing of Crime, Learning and Sanction

Abstract : The paper extends the law enforcement literature with imperfect information by introducing a new technology to improve information acquisition. Individuals are imperfectly informed about the probability of detection and can postpone their decision whether or not to commit crime in order to learn about the actual probability of detection. We show that the optimal fine is the maximal one only when the information acquisition is easy.
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https://hal.archives-ouvertes.fr/hal-00447999
Contributor : Christian At Connect in order to contact the contributor
Submitted on : Monday, January 18, 2010 - 10:43:17 AM
Last modification on : Thursday, January 13, 2022 - 11:58:20 AM

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  • HAL Id : hal-00447999, version 1

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Christian At, Nathalie Chappe. Timing of Crime, Learning and Sanction. Review of Law and Economics, De Gruyter, 2008, 4 (1). ⟨hal-00447999⟩

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