Preprint

Effects of third party errors

Type-I and type-II errors effects do matter both from the rules enforcement perspective and vertically upward to rules enactment. The paper support conventional idea about detrimental influence on deterrence of both types of errors. At the same time special role of type-I errors is demonstrated based on strategic interaction between economic exchange participants supported by third-party enforcement with opportunities to discriminate players. The paper highlights the issue that errors in enforcement is not whole story: the simple classification of cases is suggested from the perspective of type-I and type-II errors in rules enforcement and rules enactment.

Sprache
Englisch

Klassifikation
Wirtschaft
Institutions: Design, Formation, Operations, and Impact
Basic Areas of Law: General (Constitutional Law)
Illegal Behavior and the Enforcement of Law
Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
Thema
types-I&II errors
institutions
rules enforcement
rules enactment
discrimination
Nash equilibrium

Ereignis
Geistige Schöpfung
(wer)
Šastitko, Andrej E.
Ereignis
Veröffentlichung
(wer)
Russian Presidential Academy of National Economy and Public Administration (RANEPA)
(wo)
Moscow
(wann)
2013

DOI
doi:10.2139/ssrn.2529026
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Preprint

Beteiligte

  • Šastitko, Andrej E.
  • Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Entstanden

  • 2013

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