On the social desirability of wealth-dependent fine policies

被引：0
|
作者：
Niv, MB
Safra, Z [1 ]
机构：
[1] Tel Aviv Univ, Fac Management, Leon Recanati Grad Sch Business Adm, IL-69978 Tel Aviv, Israel
[2] Interdisciplinary Ctr, Dean Sch Law, Bar Ilan, Israel
[3] Bar Ilan Univ, Bar Ilan, Israel
来源：
INTERNATIONAL REVIEW OF LAW AND ECONOMICS | 2002年 / 22卷 / 01期
关键词：
fine policies; social desirability; wealth;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
To determine the rate of fines regulators typically employ two types of fine policies. The first establishes fixed and determined fines that are not contingent on the offender's wealth. The second establishes variable fines that are contingent on the offender's income, or wealth. In this paper we show that, in many situations, fine policies that are independent of the potential offenders' wealth are socially undesirable and are dominated by fine policies that are contingent on offenders' wealth. (C) 2002 Elsevier Science Inc. All rights reserved.
引用
收藏
页码：53 / 59
页数：7
相关论文
共 50 条
  • [1] Portfolio optimization for wealth-dependent risk preferences
    Luis Miguel Rios
    Nikolaos V. Sahinidis
    [J]. Annals of Operations Research, 2010, 177 : 63 - 90
  • [2] Portfolio optimization with wealth-dependent risk constraints
    Escobar-Anel, Marcos
    Wahl, Markus
    Zagst, Rudi
    [J]. SCANDINAVIAN ACTUARIAL JOURNAL, 2022, 2022 (03) : 244 - 268
  • [3] Portfolio optimization for wealth-dependent risk preferences
    Rios, Luis Miguel
    Sahinidis, Nikolaos V.
    [J]. ANNALS OF OPERATIONS RESEARCH, 2010, 177 (01) : 63 - 90
  • [4] Wealth-dependent and interdependent strategies in the Saami reindeer husbandry, Norway
    Naess, Marius Warg
    Bardsen, Bard-Jorgen
    Tveraa, Torkild
    [J]. EVOLUTION AND HUMAN BEHAVIOR, 2012, 33 (06) : 696 - 707
  • [5] Portfolio choice with skewness preference and wealth-dependent risk aversion
    Mu, Congming
    Tian, Weidong
    Yang, Jinqiang
    [J]. QUANTITATIVE FINANCE, 2019, 19 (11) : 1905 - 1919
  • [6] Incomplete financial markets with real assets and wealth-dependent credit limits
    Matthew Hoelle
    Marina Pireddu
    Antonio Villanacci
    [J]. Journal of Economics, 2016, 117 : 1 - 36
  • [7] Incomplete financial markets with real assets and wealth-dependent credit limits
    Hoelle, Matthew
    Pireddu, Marina
    Villanacci, Antonio
    [J]. JOURNAL OF ECONOMICS, 2016, 117 (01) : 1 - 36
  • [8] CONSTANT ABSOLUTE RISK-AVERSION, BANKRUPTCY, AND WEALTH-DEPENDENT DECISIONS
    LIPPMAN, SA
    MCCALL, JJ
    WINSTON, WL
    [J]. JOURNAL OF BUSINESS, 1980, 53 (03): : 285 - 296
  • [9] Optimal Consumption and Investment with a Wealth-Dependent Time-Varying Investment Opportunity
    Shim, Gyoocheol
    Koo, Hyeng Keun
    [J]. ANNALS OF ECONOMICS AND FINANCE, 2015, 16 (01): : 19 - 42
  • [10] Analyzing Wealth-Dependent Effects of WASH and Nutritional Resources on Child Health in Guatemala
    Voth-Gaeddert, Lee E.
    [J]. ACS ES&T WATER, 2024, 4 (06): : 2532 - 2541
12345