Feess, Eberhard; Schildberg-Hörisch, Hannah; Schramm, … - 2015
punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects … of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when …. This interdependency is important since, in the case of legal uncertainty, higher fines may reduce the willingness to …