Can Early Release Both Reduce Prison Costs and Increase Deterrence?
9 Pages Posted: 28 Oct 2016 Last revised: 13 Oct 2018
Date Written: August 28, 2015
The disutility criminals receive from prison varies. Earning early release requires effort which can be used to separate those with the highest disutility from others. Savings from those released early can be used to finance longer prison sentences for others.
Keywords: Prison Costs; Early Release; Crime
JEL Classification: K4, D8
Suggested Citation: Suggested Citation