TY - JOUR PY - 1997// TI - A note on private enforcement and type-I error JO - International review of law and economics A1 - Garoupa, Nuno SP - 423 EP - 429 VL - 17 IS - 3 N2 - It is a common belief that private law enforcement leads to more nonoffenders being charged as a consequence of profit maximization. In this note we argue that monopolistic enforcement leads in many circumstances to underdetection and less accuracy. The use of a monetary sanction (subsidy) to penalize (compensate) the monopolistic enforcement agency when a charged individual is set free solves the problem.
LA - SN - 0144-8188 UR - http://dx.doi.org/10.1016/S0144-8188(97)00017-3 ID - ref1 ER -