Showing 1 - 10 of 12,388
anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …
Persistent link: https://www.econbiz.de/10010325579
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 …
Persistent link: https://www.econbiz.de/10010266023
increases substantially after introducing an ex post sanctioning possibility. Namely, subjects can assign punishment points to …
Persistent link: https://www.econbiz.de/10010291833
second contributor. The consequences of sanctioning depend on the treatment: whereas punishment can reduce inequality in one … treatment, it only creates another inequality in the other. To capture the effect of delay on punishment both treatments are run … once with immediate and once with delayed punishment. Moreover, to investigate the effect of pure voice, all four …
Persistent link: https://www.econbiz.de/10010291837
play a treatment with punishment, they cooperate less and face higher punishment costs than when first playing a treatment … without punishment. The changes are that drastic that punishment does not pay in the first case, while it does in the later …. Second, for participants first playing without punishment the contributions in the very first period of play determine the …
Persistent link: https://www.econbiz.de/10010306816
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 …
Persistent link: https://www.econbiz.de/10010262078
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 …
Persistent link: https://www.econbiz.de/10010270435
a punishment regime, in which certain individuals are permitted, but not required, to have punishment directed toward … them. The punishment system can condition on type and contribution history. The results indicate that the most effective … regime, in terms of contributions and earnings, is one that allows punishment of low contributors only, regardless of …
Persistent link: https://www.econbiz.de/10010276039
several reasons. On the one hand, there are important instances in which punishment is unable to reduce crime or may even …
Persistent link: https://www.econbiz.de/10010377902
This paper reports results from an experiment studying how fines, leniency programs and reward schemes for whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices: subjects use costly fines as (altruistic) punishments....
Persistent link: https://www.econbiz.de/10010320343