IMPORTANCE OF BEING HONEST

被引：4

作者：

KEMP, MC ^{[1
]}

NG, YK ^{[1
]}

机构：

[1] MONASH UNIV,CLAYTON 3168,VICTORIA,AUSTRALIA

来源：

ECONOMIC RECORD | 1979年 / 55卷 / 148期

关键词：

D O I：

10.1111/j.1475-4932.1979.tb02200.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Given individual propensities to cheat (stealing, overcharging, etc.), the optimality conditions for the amount of resources devoted to law enforcement and for the severity of penalties on convicted cheats are derived. In some interesting cases, the optimal penalty equals the market price divided by the probability of conviction and it is optimal to spend very little on enforcement and impose a severe penalty. These conclusions seem to apply to the practical case of metered parking violation. Copyright © 1979, Wiley Blackwell. All rights reserved

引用

页码：41 / 46

页数：6