Feess, Eberhard; Schildberg-Hörisch, Hannah; Schramm, … - 2015
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 …