This Note enumerates and analyzes the three principal forces that induce individuals to abide by societal laws. These forces, or elements of effective prevention, are then combined to form a framework of general deterrence that both identifies the areas in which society can introduce resources into the prevention plan and explains in a general manner what the effect of particular expenditures will be. In the final section of the Note, the framework is applied to a specific prohibited activity-insider trading in securities-to exemplify its utility in determining more effective applications of prevention resources.
Michigan Law Review,
A Framework for the Allocation of Prevention Resources with a Specific Application to Insider Trading,
Mich. L. Rev.
Available at: https://repository.law.umich.edu/mlr/vol74/iss5/7