Microeconomics (2nd Edition) (Pearson Series in Economics)
Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Chapter 16, Problem 10P

(a)

To determine

Reason for increasing fees paid for bail instead of taking in more people to catch white-collar criminals.

(b)

To determine

Reason for increasing the probability of detection when there is a chance of innocent people being convicted of white-collar crime, and the relevance of equity in such situations.

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