Positivism, Values and the Closure of Economic Thought
In: The American journal of economics and sociology, Band 33, Heft 4, S. 417-417
ISSN: 1536-7150
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In: The American journal of economics and sociology, Band 33, Heft 4, S. 417-417
ISSN: 1536-7150
In: The American journal of economics and sociology, Band 64, Heft 3, S. 743-756
ISSN: 1536-7150
Abstract One objective of regulatory investigations of possible improprieties by publicly traded corporations and the imposition of sanctions if malfeasance is found is to deter other corporations from engaging in such behavior. Although the magnitude of the deterrent effect is an empirical issue, this paper provides an a priori analysis as to why the deterrent effect will be blunted in many cases, why its strength will not be uniform over time, and why, based in part on prospect theory, the deterrent effect will be weaker for ongoing questionable practices than for practices in their formative stages.
In: International review of law and economics, Band 5, Heft 2, S. 133-152
ISSN: 0144-8188
In: The American journal of economics and sociology, Band 42, Heft 1, S. 121-124
ISSN: 1536-7150