Search Results - "Miceli, Thomas J."

Counting offenders’ gains? Economic and moral considerations in the determination of criminality by Miceli, Thomas J.

“…The question of whether or not offenders’ gains should be counted in social welfare began with Stigler’s original critique of the Becker model, but that debate…”
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Law Enforcement in a Federal System: On the Strategic Choice of Sanction Levels by Friehe, Tim, Miceli, Thomas J.

“…This paper explores law enforcement in a federal system to address the reality that the level of deterrence often results from decision making at different…”
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Patent races and pennant races: A new rationale for revenue sharing in sports leagues by Miceli, Thomas J.

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A Note on the Preferences of Sports Fans: Partisanship Versus Uncertainty of Outcome by Miceli, Thomas J.

“…Since its inception, a core principle of sports economics has been the claim that fans desire balanced competition—the so-called Uncertainty of Outcome…”
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On Economic Theories of Criminal Punishment: Pricing, Prevention, or Proportionality? by Miceli, Thomas J

“…Abstract This article examines competing economic theories of crime and punishment within a common analytical framework. The theories—due to Becker (1968),…”
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Celerity of punishment and deterrence: The impacts of discounting and present bias by Friehe, Tim, Miceli, Thomas J.

“…Swifter punishment influences the deterrence of present-biased offenders in a framework that includes search for criminal opportunities and legal error. The…”
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Investing in talent development: Theory and applications by Miceli, Thomas J.

“…This paper examines contractual arrangements in employment settings in which employers have to invest in development of employees, and the benefits of that…”
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Legal Change: Selective Litigation, Judicial Bias, and Precedent by Miceli, Thomas J.

“…A key question in the literature on legal change is whether the law evolves via the conscious efforts of judges or is the result of invisible‐hand processes…”
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The role of experience in deterring crime: A theory of specific versus general deterrence by Miceli, Thomas J., Segerson, Kathleen, Earnhart, Dietrich

“…This paper examines the role of experience in determining the deterrent effect of criminal punishment. Economic models of crime typically assume potential…”
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Products liability with temptation bias by Tsvetanov, Tsvetan, Miceli, Thomas J., Segerson, Kathleen

“…This paper extends the literature on products liability by considering the implications of temptation in a context where consumers have different…”
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Reconciling blackmail and nondisclosure agreements: An economic approach by Miceli, Thomas J.

“…The different legal treatment of blackmail and nondisclosure agreements (NDAs) is puzzling. Although both are aimed at concealing potentially valuable…”
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Trading in Information: On the Unlikely Correspondence Between Patents and Blackmail Law by Miceli, Thomas J.

“…This paper studies the problem of trading in information in two seemingly unrelated settings: inventive activity; and blackmail. In the former, a discoverer of…”
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The Economics of International Cooperation in the Apprehension and Prosecution of Maritime Pirates by Hallwood, Paul, Miceli, Thomas J.

“…Article 100 of the UN Convention on the Law of the Sea requires parties to "cooperate" against maritime piracy, but how this cooperation is to be achieved is…”
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Crime as exchange: comparing alternative economic theories of criminal justice by Miceli, Thomas J.

“…This essay compares two alternative economic theories of crime, due to Becker (1968) and Adelstein (2017), which differ with respect to the purpose of…”
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Assessing Kelo’s Legacy: Do Increased Taxes and New Jobs Justify Use of Eminent Domain? by Miceli, Thomas J., Segerson, Kathleen

“…The Supreme Court’s ruling in Kelo v. New London (2005) justified the use of eminent domain for redevelopment takings based on the anticipated spillover…”
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Packaging deals in the entertainment industry: a bargaining approach by Miceli, Thomas J.

“…Creation of a television or movie project requires the bundling of inputs - writers, actors, directors - into a coherent package that can be produced and…”
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On proportionality of punishments and the economic theory of crime by Miceli, Thomas J.

“…Practitioners of the modern economic theory of crime acknowledge the influence of the eighteenth century writers Montesquieu, Beccaria, and Bentham, whose…”
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OUTCOME UNCERTAINTY, FAN TRAVEL, AND AGGREGATE ATTENDANCE by Humphreys, Brad R., Miceli, Thomas J.

“…The uncertainty of outcome hypothesis (UOH) informs economists' understanding of consumer decisions to attend sporting events and team revenue generation. We…”
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Product Liability and Strategic Delegation: Endogenous Manager Incentives Promote Strict Liability by Friehe, Tim, Pham, Cat Lam, Miceli, Thomas J.

“…We derive the socially optimal allocation of liability for product-related accidents when firms delegate their output and safety choices to managers under a…”
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Legislating for profit and optimal Eighth‐Amendment review by Mungan, Murat C., Miceli, Thomas J.

“…We compare a net‐revenue maximizing legislator's criminalization and punishment decisions to the optimal choices. The legislator over‐criminalizes and…”
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