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A Note on the Deterrence Effects of the Forfeiture of Illegal Gains
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Tim Friehe
Veröffentlicht/Copyright:
4. Mai 2011
This paper analyzes how the forfeiture of illegal gains impacts the deterrence of illegal acts. We show that when public authorities introduce a claim on illegal gains as part of a sanction it may, counter-intuitively, increase crime in a setting in which criminals may invest in avoidance activities to lower the probability of detection.
Published Online: 2011-5-4
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Artikel in diesem Heft
- Article
- In the Beginning Was the Word. Now is the Copyright
- The $700 Billion Bailout: A Public-Choice Interpretation
- Corporate Liability and Internal Procedures
- The Social Cost of Blackmail
- The Problem of Social Cost: What Problem? A Critique of the Reasoning of A.C. Pigou and R.H. Coase
- Should Courts Always Enforce What Contracting Parties Write?
- Implementing Relevant Market Tests in Antitrust Policy: Application to Computer Servers
- English Rule and Frivolous Suits: Conditional versus Hourly Fees
- Compliance Institutions in Treaties
- A Note on the Deterrence Effects of the Forfeiture of Illegal Gains
- Fostering Regulatory Compliance: The Role of Environmental Self-Auditing and Audit Policies
- Free-Riding on Altruistic Punishment? An Experimental Comparison of Third-Party Punishment in a Stand-Alone and in an In-Group Environment
- Corporatization and Firm Performance: Evidence from Publicly-Provided Local Utilities
- Securities Class Actions: A Helping Hand for Bank Regulators in Trouble?
- The Multiplier Effect of Public Expenditure on Justice: The Case of Rental Litigation
