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On the Disutility and Discounting of Imprisonment and the Theory of Deterrence / A. Mitchell Polinsky, Steven Shavell.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Polinsky, A. Mitchell.
Contributor:
National Bureau of Economic Research.
Shavell, Steven.
Series:
Working Paper Series (National Bureau of Economic Research) no. w6259.
NBER working paper series no. w6259
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1997.
Summary:
This article studies the implications for the theory of deterrence of (a) the manner in" which individuals' disutility from imprisonment varies with the length of the imprisonment" term; and (b) discounting of the future disutility and future public costs of imprisonment. Two" questions are addressed: Is deterrence enhanced more by increasing the length of imprisonment" terms or instead by raising the likelihood of imposing imprisonment? What is the optimal" combination of the severity and probability of imprisonment sanctions?"
Notes:
Print version record
November 1997.

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