| ID | 162244 |
| Title Proper | Note on the Economics of Stolen Valor |
| Language | ENG |
| Author | Weisman, Dennis |
| Summary / Abstract (Note) | The economics of stolen valor concerns the act of trading on false claims of being awarded valorous military service medals. The U.S. Supreme Court overturned the 2005 Stolen Valor Act, largely on First Amendment grounds. Misrepresentation that devalues the reputation of medals for valor may not violate the revised statute despite decreasing the wage premium and discouraging investment in military effort. |
| `In' analytical Note | Defence and Peace Economics Vol. 29, No.6; Nov 2018: p.642-647 |
| Journal Source | Defence and Peace Economics Vol: 29 No 6 |
| Key Words | Principal–Agency Moral Hazard ; Stolen Valor |