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DETERRENCE OF OPPONENTS THROUGH REVELATION OF INFORMATION

John L. Scott (Department of Economics and Finance, College of Business Administration, Northeast Louisiana University, Monroe, Louisiana 71209–0130,318–342–1160)

Studies in Economics and Finance

ISSN: 1086-7376

Article publication date: 1 February 1993

43

Abstract

Should the enforcers of rules inform potential violators about how likely violations will be detected? In practice, there is some mixture of revelation and secrecy‐police inform potential speeders about new detection technologies, but not about other dimensions of detection. We explain the mix of revelation and secrecy using games of asymmetric information in which the detection level is modeled exogenously. Our analysis applies to various legal and social conflict areas such as terrorism, speeding, and parenting.

Citation

Scott, J.L. (1993), "DETERRENCE OF OPPONENTS THROUGH REVELATION OF INFORMATION", Studies in Economics and Finance, Vol. 15 No. 1, pp. 29-50. https://doi.org/10.1108/eb028707

Publisher

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MCB UP Ltd

Copyright © 1993, MCB UP Limited

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