. The theory of implementation or mechanism design formalizes this “social engineering” problem and provides answers to the … question just posed. I survey the theory of implementation in this article, emphasizing the results based on two behavioral …

symmetric and asymmetric punishment regimes for bribery, one may wonder which punishment strategy is more effective in curbing … design. The results show that, in both countries, with symmetric punishment recipients are less likely to grant the socially … undesirable favor, while bribers are more likely to report to the authorities with asymmetric punishment. In addition, when …

anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …

This paper argues that the Economics of Crime concentrates too much on punishment as a policy to fight crime, which is … unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several feasible … alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior. These …

-reversion trigger strategies with decreasing marginal costs is shown to be due to the output when a firm deviates from the punishment …