work individually without monetary incentives and are then assigned to teams of two where compensation is based on team … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with … the best yields 20% lower first stage effort than random matching. Pairing the best with the best, however, yields 5 …

the deterrence hypothesis, namely that crime is weakly decreasing in deterrent incentives, i.e. severity and probability … of punishment. In our experiment, subjects can steal from another participant's payoff. Deterrent incentives vary across … incentives, subjects steal more the stronger the incentives. We observe two types of subjects: selfish subjects who act according …