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.
- Language
-
Englisch
- Classification
-
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
- Subject
-
types-I&II errors
institutions
rules enforcement
rules enactment
discrimination
Nash equilibrium
- Event
-
Geistige Schöpfung
- (who)
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Šastitko, Andrej E.
- Event
-
Veröffentlichung
- (who)
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Russian Presidential Academy of National Economy and Public Administration (RANEPA)
- (where)
-
Moscow
- (when)
-
2013
- DOI
-
doi:10.2139/ssrn.2529026
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Preprint
Associated
- Šastitko, Andrej E.
- Russian Presidential Academy of National Economy and Public Administration (RANEPA)
Time of origin
- 2013
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