Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding … strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is … rates no lower than small groups because punishment does not fall appreciably in large groups. However, hindrances to …

The most famous element in Bentham's theory of punishment, the Panopticon Prison, expresses his view of the two … purposes of punishment, deterrence and special prevention. We investigate Bentham's intuition in a public goods lab experiment … by manipulating how much information on punishment experienced by others is available to would-be offenders. Compared …

punishment opportunities are restricted to agents who are linked through alternative punishment networks. We find that the … structure of the punishment network significantly impacts contributions to the public good, but not overall efficiencies …. Contributions collapse over decision rounds in groups with limited punishment opportunities, even if the absolute punishment …

equilibrium model is developed, exploiting these facts to quantitatively assess the race crime gap, that is the difference in … crime explained by the difference in observables. The model is calibrated relying on US data and solved numerically. The … model captures well relevant dimensions of the crime phenomenon, such as the inmates composition by race, employment status …

Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …

For nearly 50 years academics have been studying how labor markets affect crime. The initial interesting and important … theoretical and empirical work generated substantial interest in studying crime among economists, in particular, and scholars in … markets reduce crime seems obvious and is widely accepted by many policy makers and academics, empirical results fail to show …

This study empirically examines the relationship between crime, deterrence and unemployment in Greece. A regional … deterred by higher clear-up rates. Also for property crime rates, the results indicate that unemployment increases crime. For …

, even if punishment is costly. However, these studies focus on situations where there is no uncertainty about others …' behavior. We investigate punishment in a world with 'reasonable doubt' about others' contributions. Interestingly, people … some non-trivial degree of noise, punishment (1) cannot maintain high contributions and (2) reduces welfare even below the …

punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available …