Lars Klöhn (University of Marburg Faculty of Law) has posted Private Versus Public Enforcement of Laws – A Law & Economics Perspective on SSRN. Here is the abstract:
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When should laws be enforced by private actors and when should society rely on law enforcement by public authorities? This question has been analyzed in great detail in law & economics scholarship. This article surveys the literature and outlines a framework of criteria for deciding whether private or public enforcement of laws is preferable. To exemplify the criteria, the framework is then applied to some “real-life” enforcement issues.