Keeping Stigma Out of Administrative Law: An Explanation of Consistent Beliefs
7 Pages Posted: 7 Jun 2005
Date Written: June 2005
We provide an interpretation based on consistent beliefs for the widely accepted observation that a criminal conviction generates more stigma than an administrative penalty. We also show that maximal fines are not coherent with this interpretation.
Keywords: Consistent beliefs, stigma, administrative law, criminal law
JEL Classification: K1, K4
Suggested Citation: Suggested Citation