Publicação

Crime and social norms

Detalhes bibliográficos
Resumo:	In this paper, we develop a general equilibrium model of crime. It is shown that law and norms are substitutes in achieving a stable equilibrium. Here we offer a new interpretation of different theories of social norms in the context of crime and deterrence. The law and economics theory is presented as an ‘opportunism- limiting’ approach to norms whereas the evolutionary theory is presented as an ‘opportunity cost’ approach.
Autores principais:	Garoupa, Nuno
Assunto:	Crime Punishment Norms
Ano:	2003
País:	Portugal
Tipo de documento:	artigo
Tipo de acesso:	acesso restrito
Instituição associada:	Universidade de Lisboa
Idioma:	inglês
Origem:	Repositório da Universidade de Lisboa

Descrição
Resumo:	In this paper, we develop a general equilibrium model of crime. It is shown that law and norms are substitutes in achieving a stable equilibrium. Here we offer a new interpretation of different theories of social norms in the context of crime and deterrence. The law and economics theory is presented as an ‘opportunism- limiting’ approach to norms whereas the evolutionary theory is presented as an ‘opportunity cost’ approach.