purposes of punishment, deterrence and special prevention. We investigate Bentham's intuition in a public goods lab experiment … prevention effect but show that the deterrence effect is smaller the more information on individual punishment is available. …

the deterrence hypothesis, namely that crime is weakly decreasing in deterrent incentives, i.e. severity and probability … and within sessions. The across subject analysis clearly rejects the deterrence hypothesis: except for very high levels of … to the deterrence hypothesis and fair-minded subjects for whom deterrent incentives backfire. …

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 …