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dc.contributor.authorLee, Bo Gyoung
dc.description.abstractUsing a comparative analysis between the United States and South Korea, this paper attempts to analyze the police brutality as a market failure caused by principal-agent problem and asymmetric information. For the qualitative part of the research, court cases are analyzed to corroborate the hypothesis that the market failures in two countries are drawn from a combination of disparity in informal social control and the principal-agent problem. The fixed-effects regression was run against the monetary settlement cases to test the hypothesis.en_US
dc.titleWho Pays: A Comparative Analysis of Monetary Legal Settlement Cases of Police Brutalityen_US

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  • Economics and Business Symposium Posters [61]
    Poster presentations by senior Economics and Business majors that include the results of their Senior Individualized Projects (SIPs) at the Diebold Symposium. Abstracts are generally available to the public, but PDF files are available only to current Kalamazoo College students, faculty, and staff.

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