On Law Enforcement with Boundedly Rational Actors
20 Pages Posted: 7 Dec 2004
Date Written: September 2004
This essay, prepared for The Law and Economics of Irrational Behavior (Francesco Parisi and Vernon Smith, eds., 2004), examines implications of bounded rationality for traditional economic analysis of public law enforcement. A brief application to the enforcement of employment discrimination laws by public agents is offered.
JEL Classification: K14, K42
Suggested Citation: Suggested Citation