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What is Economic Analysis of Criminal Law about?

The document analyzes the Volkswagen emissions scandal through the lens of criminal law and economic theory, highlighting how rational actors make decisions based on expected utility and the costs of legal intervention. It discusses the failure of corporate governance and regulatory oversight, resulting in significant financial and social welfare losses, and emphasizes the need for effective deterrence mechanisms in criminal law. The scandal serves as a case study for understanding the interplay between law

Author

Sujal Ramawat

Language

EN