
doi: 10.2139/ssrn.145756
handle: 10230/543
I consider a general specification of criminals' objective function and argue that, when the general non-expected utility theory is substituted for the traditional expected utility theory, the high-fine-low-probability result (Becker, 1968) only holds under specific and strong restrictions.
Business Economics and Industrial Organization, Certainty and severity of punishment, expected and non-expected utilities, certainty and severity of punishment, expected and non-expected utilities, jel: jel:K4, jel: jel:D8
Business Economics and Industrial Organization, Certainty and severity of punishment, expected and non-expected utilities, certainty and severity of punishment, expected and non-expected utilities, jel: jel:K4, jel: jel:D8
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 2 | |
| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |
