Construct · 1 fields · 1 citations

public enforcement: a standalone construct

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Law and economics

use of public agents to detect and sanction violations, with choices over probability of detection, fine size and liability standard.

In law and economics, public enforcement refers to use of public agents to detect and sanction violations, with choices over probability of detection, fine size and liability standard. This meaning comes from Polinsky (2000) in Journal of Economic Literature.[1]

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Nearby constructs

optimal public enforcement of law1 fields · 1 citationsanchor · a standalone construct liability2 fields · 2 citationsjingle · one word, two constructs sanction3 fields · 5 citationsjingle · one word, three constructs

References

Polinsky, A. M., & Shavell, S. (2000). The Economic Theory of Public Enforcement of Law. Journal of Economic Literature, 38(1), 45-76. https://doi.org/10.1257/jel.38.1.45

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