Assume that the punishment function f(x) increases by a constant k, so that f(x) becomes f(x) +

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Assume that the punishment function f(x) increases by a constant k, so that f(x) becomes f(x) + k. What is the effect on the criminal’s behavior?

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Law and economics

ISBN: 978-0132540650

6th Edition

Authors: Robert cooter, Thomas ulen

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