November 16, 2010
Sanchirico on Detection Avoidance and Enforcement Theory
Chris William Sanchirico (University of Pennsylvania Law School) has posted Detection Avoidance and Enforcement Theory: Survey and Assessment on SSRN. Here is the abstract:
The conventional economic model of enforcement focuses on the cost and effect of the state’s efforts to detect violations. This survey considers attempts to add to this framework the cost and effect of violators’ efforts to avoid detection. The survey describes how the conventional model must be altered to accommodate detection avoidance, and how results derived within the conventional framework are accordingly effected. The survey also considers policies directed at detection avoidance itself. It describes how the recursive nature of detection avoidance effects the efficacy of sanctioning detection avoidance. It also considers alternative, "technological" approaches.
November 16, 2010 | Permalink