This book explores the insights that can be gained by looking at the criminal justice system from an economic point of view. It provides an economic analysis of
This book explores the insights that can be gained by looking at the criminal justice system from an economic point of view. It provides an economic analysis of
We present a simple model of criminal decision making and show that at the unique symmetric mixed strategy Nash equilibrium, the probability of committing a tra
This book addresses the problem of justifying the institution of criminal punishment. It examines the “paradox of retribution”: the fact that we cannot seem