PENALTY AND CRIME - FURTHER THEORETICAL CONSIDERATIONS AND EMPIRICAL-EVIDENCE

Two different models of the game between police and public, one with two-sided incomplete information and the other with multiple strategies, lead to the same results as my previous research: changes in penalties at equilibrium do not affect crime but instead affect police behavior. I compare these models with alternative models of the police-public game which come to different conclusions. I provide reasons for the differences in the conclusions, as well as empirical evidence against which the different models can be evaluated.