Criminals and risk attitude
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Michèle D. Cohen, 1995. "Risk-Aversion Concepts in Expected- and Non-Expected-Utility Models," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 20(1), pages 73-91, June.
- Gary S. Becker, 1974.
"Crime and Punishment: An Economic Approach,"
NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54,
National Bureau of Economic Research, Inc.
- Gary S. Becker, 1968. "Crime and Punishment: An Economic Approach," Journal of Political Economy, University of Chicago Press, vol. 76(2), pages 169-169.
- Chateauneuf, Alain & Cohen, Michele, 1994. "Risk Seeking with Diminishing Marginal Utility in a Non-expected Utility Model," Journal of Risk and Uncertainty, Springer, vol. 9(1), pages 77-91, July.
- Zivin, Joshua Graff & Just, Richard E. & Zilberman, David, 2005.
"Risk Aversion, Liability Rules, and Safety,"
International Review of Law and Economics, Elsevier, vol. 25(4), pages 604-623, December.
- Joshua Graff Zivin & Richard Just & David Zilberman, 2003. "Risk Aversion, Liability Rules, and Safety," NBER Working Papers 9678, National Bureau of Economic Research, Inc.
- Hong, Chew Soo & Karni, Edi & Safra, Zvi, 1987. "Risk aversion in the theory of expected utility with rank dependent probabilities," Journal of Economic Theory, Elsevier, vol. 42(2), pages 370-381, August.
- Neilson, William S. & Winter, Harold, 1997. "On criminals' risk attitudes," Economics Letters, Elsevier, vol. 55(1), pages 97-102, August.
- Neilson, William S, 1998. "Optimal Punishment Schemes with State-Dependent Preferences," Economic Inquiry, Western Economic Association International, vol. 36(2), pages 266-271, April.
- Philip J. Cook & Daniel A. Graham, 1977. "The Demand for Insurance and Protection: The Case of Irreplaceable Commodities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(1), pages 143-156.
- Polinsky, A. Mitchell & Shavell, Steven, 1984.
"The optimal use of fines and imprisonment,"
Journal of Public Economics, Elsevier, vol. 24(1), pages 89-99, June.
- A. Mitchell Polinsky & Steven Shavell, 1982. "The Optimal Use of Fines and Imprisonment," NBER Working Papers 0932, National Bureau of Economic Research, Inc.
- Grogger, Jeffrey, 1991. "Certainty vs. Severity of Punishment," Economic Inquiry, Western Economic Association International, vol. 29(2), pages 297-309, April.
- DEHEZ, Pierre & DREZE, Jacques H., 1984. "State-dependent utility, the demand for insurance and the value of safety," LIDAM Reprints CORE 560, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Joshua C. Teitelbaum, 2007. "A Unilateral Accident Model under Ambiguity," The Journal of Legal Studies, University of Chicago Press, vol. 36(2), pages 431-477, June.
- Jones-Lee, Michael W, 1974. "The Value of Changes in the Probability of Death or Injury," Journal of Political Economy, University of Chicago Press, vol. 82(4), pages 835-849, July/Aug..
- Block, Michael K & Gerety, Vernon E, 1995. "Some Experimental Evidence on Differences between Student and Prisoner Reactions to Monetary Penalties and Risk," The Journal of Legal Studies, University of Chicago Press, vol. 24(1), pages 123-138, January.
- Tversky, Amos & Wakker, Peter, 1995. "Risk Attitudes and Decision Weights," Econometrica, Econometric Society, vol. 63(6), pages 1255-1280, November.
- Polinsky, Mitchell & Shavell, Steven, 1979. "The Optimal Tradeoff between the Probability and Magnitude of Fines," American Economic Review, American Economic Association, vol. 69(5), pages 880-891, December.
- Nell, Martin & Richter, Andreas, 2003. "The design of liability rules for highly risky activities--Is strict liability superior when risk allocation matters?," International Review of Law and Economics, Elsevier, vol. 23(1), pages 31-47, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Éric Langlais, 2010.
"Les criminels aiment-ils le risque ?,"
Revue économique, Presses de Sciences-Po, vol. 61(2), pages 263-280.
- Langlais, Eric, 2009. "les criminels aiment-ils le risque ? [Are criminals risk-seeking individulas ?]," MPRA Paper 14892, University Library of Munich, Germany.
- Langlais, Eric, 2010.
"Safety and the Allocation of Costs in Large Accidents,"
MPRA Paper
25710, University Library of Munich, Germany.
- Eric Langlais, 2012. "Safety and the allocation of costs in large accidents," Post-Print hal-01411623, HAL.
- Dari-Mattiacci, Giuseppe & Langlais, Eric, 2012.
"Social Wealth and Optimal Care,"
International Review of Law and Economics, Elsevier, vol. 32(2), pages 271-284.
- Darri-Mattiacci, Giuseppe & Langlais, Eric, 2008. "Social wealth and optimal care," MPRA Paper 9418, University Library of Munich, Germany.
- Giuseppe Dari-Mattiacci & Eric Langlais, 2012. "Social wealth and optimal care," Post-Print hal-01385819, HAL.
- Giuseppe Dari-Mattiacci & Eric Langlais, 2008. "Social Wealth and Optimal Care," EconomiX Working Papers 2008-34, University of Paris Nanterre, EconomiX.
- Giuseppe Dari-Mattiacci & Eric Langlais, 2008. "Social Wealth and Optimal Care," Working Papers hal-04140721, HAL.
- Eric LANGLAIS, 2009.
"Deterrence Of A Criminal Team: How To Rely On Its Members' Short Comings ?,"
Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(1(7)_ Spr).
- Eric Langlais, 2009. "Deterrence of a criminal team: how to rely on its members’ shortcomings?," Cahiers du CEREFIGE 0902, CEREFIGE (Centre Europeen de Recherche en Economie Financiere et Gestion des Entreprises), Universite de Lorraine, revised 2009.
- Eric Langlais, 2009. "Deterrence of a criminal team: how to rely on its members’shortcomings ?," EconomiX Working Papers 2009-11, University of Paris Nanterre, EconomiX.
- Eric Langlais, 2008.
"Detection Avoidance and Deterrence: Some Paradoxical Arithmetic,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(3), pages 371-382, June.
- Langlais, Eric, 2006. "Detection avoidance and deterrence: some paradoxical arithmetics," MPRA Paper 1148, University Library of Munich, Germany, revised 10 Dec 2006.
- Eric Langlais, 2007. "Detection avoidance and deterrence: some paradoxical arithmetics," Working Papers of BETA 2007-06, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Avner Bar-Ilan & Bruce Sacerdote, 2001. "The Response to Fines and Probability of Detection in a Series of Experiments," NBER Working Papers 8638, National Bureau of Economic Research, Inc.
- Nuno Garoupa, 1998. "Crime and punishment: Further results," Economics Working Papers 344, Department of Economics and Business, Universitat Pompeu Fabra.
- Chiu, W.Henry & Madden, Paul, 2007. "Crime, punishment, and background risks," Journal of Economic Behavior & Organization, Elsevier, vol. 62(4), pages 543-555, April.
- Langlais, Eric, 2008. "Deterrence of a criminal team: how to rely on its members' shortcomings?," MPRA Paper 14369, University Library of Munich, Germany.
- Dhammika Dharmapala & Richard H. McAdams, 2003. "Words that Kill? Economic Perspectives on Hate Speech and Hate Crimes," Working papers 2003-05, University of Connecticut, Department of Economics.
- Nøstbakken, Linda, 2008. "Fisheries law enforcement--A survey of the economic literature," Marine Policy, Elsevier, vol. 32(3), pages 293-300, May.
- Ayse İmrohoroĝlu & Antonio Merlo & Peter Rupert, 2006.
"Understanding the determinants of crime,"
Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 30(2), pages 270-284, June.
- Ayse Imrohoroglu & Antonio Merlo & Peter Rupert, 2006. "Understanding the determinants of crime," Working Papers (Old Series) 0602, Federal Reserve Bank of Cleveland.
- Ryan, Matthew J., 2006. "Risk aversion in RDEU," Journal of Mathematical Economics, Elsevier, vol. 42(6), pages 675-697, September.
- Nathan Berg & Jeong-Yoo Kim, 2015.
"Quantity Restrictions with Imperfect Enforcement in an Overused Commons: Permissive Regulation to Reduce Overuse?,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 171(2), pages 308-329, June.
- Jeong-Yoo Kim & Nathan Berg, 2014. ": Quantity restrictions with imperfect enforcement in an over-used commons: Permissive regulation to reduce over-use?," Working Papers 1406, University of Otago, Department of Economics, revised May 2014.
- Dhami, Sanjit & al-Nowaihi, Ali, 2013.
"An extension of the Becker proposition to non-expected utility theory,"
Mathematical Social Sciences, Elsevier, vol. 65(1), pages 10-20.
- Sanjit Dhami & Ali al-Nowaihi, 2011. "An extension of the Becker proposition to non-expected utility theory," Discussion Papers in Economics 11/41, Division of Economics, School of Business, University of Leicester.
- Boyer, Marcel & Dionne, Georges, 1984.
"Sécurité routière : efficacité, subvention et réglementation,"
L'Actualité Economique, Société Canadienne de Science Economique, vol. 60(2), pages 200-222, juin.
- Boyer, M. & Dionne, G., 1983. "Securite Routiere: Efficacite, Subvention et Reglementation," Cahiers de recherche 8317, Universite de Montreal, Departement de sciences economiques.
- Pallage, Stephane & Demougin, Dominique, 2003.
"Limiting court behavior: a case for high minimum sentences and low maximum ones,"
International Review of Law and Economics, Elsevier, vol. 23(3), pages 309-321, September.
- Dominique Demougin & Stephane Pallage, 2000. "Limiting Court Behavior: A Case for High Minimum Sentences and Low Maximum Ones," Cahiers de recherche CREFE / CREFE Working Papers 101, CREFE, Université du Québec à Montréal.
- Goodman, John C. & Porter, Philip, 2002. "Is the criminal justice system just?," International Review of Law and Economics, Elsevier, vol. 22(1), pages 25-39, July.
- Polinsky, A Mitchell & Shavell, Steven, 1991.
"A Note on Optimal Fines When Wealth Varies among Individuals,"
American Economic Review, American Economic Association, vol. 81(3), pages 618-621, June.
- A. Mitchell Polinsky & Steven Shavell, 1990. "A Note on Optimal Fines When Wealth Varies Among Individuals," NBER Working Papers 3232, National Bureau of Economic Research, Inc.
- Diecidue, Enrico & Schmidt, Ulrich & Zank, Horst, 2009.
"Parametric weighting functions,"
Journal of Economic Theory, Elsevier, vol. 144(3), pages 1102-1118, May.
- Enrico Diecidue & Ulrich Schmidt & Horst Zank, 2006. "Parametric Weighting Functions," Economics Discussion Paper Series 0622, Economics, The University of Manchester.
- Zank, Horst & Schmidt, Ulrich & Diecidue, Enrico, 2007. "Parametric Weighting Functions," Economics Working Papers 2007-01, Christian-Albrechts-University of Kiel, Department of Economics.
- Diecidue, Enrico & Schmidt, Ulrich & Zank, Horst, 2008. "Parametric weighting functions," Kiel Working Papers 1395, Kiel Institute for the World Economy (IfW Kiel).
More about this item
Keywords
Risk aversion; monetary and non monetary sanctions; State Dependent preferences and RDEU models;All these keywords.
JEL classification:
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process
NEP fields
This paper has been announced in the following NEP Reports:- NEP-LAW-2007-01-14 (Law and Economics)
- NEP-UPT-2007-01-14 (Utility Models and Prospect Theory)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:1149. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.