Considerable experimental evidence shows that although costly peer-punishment enhances cooperation in repeated public …-good games, heavy punishment in early rounds leads to average period payoffs below the non-cooperative equilibrium benchmark. In … fall prey to a poverty trap or, to avoid this, abstain from punishment altogether. We show that neither is the case …

We use a laboratory experiment to test the impacts of uncertainty, the magnitude of fines and aversion against making …

able to emerge to internalize the externalities that caused the private system to generate too little deterrence. The model …

purporting to show robust and precise estimates of a substantial deterrent effect of capital punishment. We assess the various …

) generally find that the optimal penalty structure is either flat or declining. We experimentally test a two-stage theoretical … model that predicts decreasing penalty structures will yield greater deterrence than increasing penalty structures. We find … for any given decision, being in a decreasing fine structure has a significant effect on deterrence. …

We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an … individual are on average significantly positively proportional to other members’ punishment decisions to that individual. …

short-term punishment institution (i.e., a crackdown) on bribery behavior in a lab setting. We conduct lab experiments in …

study the impact of non-deterrent formal sanctions on voluntary contributions to a public good in a laboratory experiment …

in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of …