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 … hypotheses derived from the theory. …

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 … hypotheses derived from the theory. …

mechanism for effective deterrence is the swiftness of punishment. We carry out the first controlled economic experiment to … deterrence. In fact, institutions that either reveal detection and impose punishment immediately or maintain uncertainty about …Reducing criminal acts in society is a crucial duty of governments. Establishing punishment structures to attain this …