of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when … punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …. This interdependency is important since, in the case of legal uncertainty, higher fines may reduce the willingness to …

of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when … punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …. This interdependency is important since, in the case of legal uncertainty, higher fines may reduce the willingness to …

In most jurisdictions, antitrust fines are based on affected commerce rather than on collusive profits, and in some … others, caps on fines are introduced based on total firm sales rather than on affected commerce. We uncover a number of …

currently existing fine level of the EU Guidelines is too low to achieve optimal deterrence. …

of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when … punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …. This interdependency is important since, in the case of legal uncertainty, higher fines may reduce the willingness to …

of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when … punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …. This interdependency is important since, in the case of legal uncertainty, higher fines may reduce the willingness to …