Showing 1 - 10 of 11,661
This paper studies obfuscation decisions by firms in retail financial markets theoretically and experimentally. We show that more prominent firms are more likely to obfuscate. While prominent firms always choose maximum obfuscation, the obfuscation by less prominent firms depends on the degree...
Persistent link: https://www.econbiz.de/10009667274
One main motive behind lengthy prison terms for serious crime is to deter potential offenders from engaging in crime …. Yet, economic theory predicts that the scope for punishment as acting as a deterrent depends on how much individuals … discount future events when balancing the immediate utility of the crime and the costs of a potential future punishment. If …
Persistent link: https://www.econbiz.de/10010355861
Persistent link: https://www.econbiz.de/10014566151
Persistent link: https://www.econbiz.de/10003774441
Persistent link: https://www.econbiz.de/10003906117
Persistent link: https://www.econbiz.de/10009152413
Persistent link: https://www.econbiz.de/10010518706
Persistent link: https://www.econbiz.de/10009718595
Persistent link: https://www.econbiz.de/10001668897
studies the effects of legal errors on crime and punishment rates, and to critically review studies that report on experiments …-determination errors affect crime and punishment rates. Part 3 summaries, synthesizes and critiques experimental studies designed to test …
Persistent link: https://www.econbiz.de/10012911126