Rational probation decisions for juvenile delinquents

Oliver Fabel and Volker Meier

Economics of Governance, 2002, vol. 3, issue 3, 249-274

Abstract: Assuming a risk of innocent conviction and fully rational individuals, the current study addresses the effects of immediate punishment and probation rules. Strict dominance of a probation rule requires that the judicial system is highly unreliable and, at the same time, learning over criminal careers is strong. Else, an optimal punishment scheme can always be based on either regularly offering probation or appropriate immediate punishments. Copyright Springer-Verlag Berlin Heidelberg 2002

Keywords: Key words: Juvenile crime; probation; optimal punishment.; JEL Classification: K14; K42. (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ecogov:v:3:y:2002:i:3:p:249-274

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DOI: 10.1007/s101010100044

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