Celerity of punishment and deterrence: The impacts of discounting and present bias

Tim Friehe and Thomas J. Miceli

Economics Letters, 2023, vol. 228, issue C

Abstract: Swifter punishment influences the deterrence of present-biased offenders in a framework that includes search for criminal opportunities and legal error. The deterrence effects are reinforcing for naïve offenders but may have contrasting effects on search and commission for sophisticated offenders.

Keywords: Law enforcement; Present bias (search for similar items in EconPapers)
JEL-codes: K42 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:228:y:2023:i:c:s0165176523001921

DOI: 10.1016/j.econlet.2023.111167

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