Optimal Marginal Deterrence and Incentives for Precaution
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DOI: 10.1515/rle-2012-0009
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More about this item
Keywords
marginal deterrence; precaution; moral hazard; incentives;All these keywords.
JEL classification:
- K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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