search query: @author Polinsky, A.M. / total: 2
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Author:Polinsky, A.M.
Title:The optimal use of fines and imprisonment when wealth is unobservable
Journal:Journal of Public Economics
2006 : MAY, VOL. 90:4-5, p. 823-835
Index terms:distribution of wealth
government
microeconomics
Language:eng
Abstract:This article examines the use of fines and imprisonment sentences when the wealth of the offender is unobservable to the enforcement authority. The author develops a model with two types of offenders, high-wealth type and low-wealth type. The results of the study suggest that a relatively high imprisonment sentence must be accompanied by a low fine, so that high-wealth offenders will prefer to pay higher fine and bear a lower imprisonment sentence.
SCIMA record nr: 261390
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