Feess, Eberhard; Schramm, Markus; Wohlschlegel, Ansgar - Volkswirtschaftliche Fakultät, … - 2014
We use a laboratory experiment to test the impacts of uncertainty, the magnitude of fines and aversion against making type-I and type-II errors on legal decision making. Measuring uncertainty as the noise of a signal on the defendant's guilt observed by legal decision makers, we observe that a...