A Note on Productive and Dynamic Inefficiencies of Intermediate Regulatory Sanctions Academic Article uri icon

abstract

  • Abstract This article shows that regulatory sanctions that fall into an intermediate range can generate subtle problems not apparent in simple enforcement models. Assuming that firms may ultimately face different noncompliance detection probabilities, we highlight that intermediate sanctions may conflict with aspects of both static and dynamic efficiency.

published proceedings

  • B E JOURNAL OF ECONOMIC ANALYSIS & POLICY

author list (cited authors)

  • Friehe, T., & Mungan, M. C.

citation count

  • 0

complete list of authors

  • Friehe, Tim||Mungan, Murat C

publication date

  • December 2020