Monitoring vis-a-vis Investigation in Enforcement of Law.

S-Tier
Journal: American Economic Review
Year: 1992
Volume: 82
Issue: 3
Pages: 556-65

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Enforcement by monitoring cannot be conditioned on the severity of an offense while enforcement by investigation can be. If some degrees of the offenses are not adequately reported or if investigation is too costly, the regulator must monitor and treat offenses of different severity quite differently. Smaller offenses should not be investigated; they should be deterred by monitoring alone, coupled with graduated fines. To deter larger offenses, the regulator should vary the investigation rate while setting maximal fines. Copyright 1992 by American Economic Association.

Technical Details

RePEc Handle
repec:aea:aecrev:v:82:y:1992:i:3:p:556-65
Journal Field
General
Author Count
2
Added to Database
2026-01-26