Dezhbakhsh, Hashem; Rubin, Paul H.; Shepherd, Joanna - 2003
Evidence on the deterrent effect of capital punishment is important for many states that are currently reconsidering … of simultaneous equations. The procedure we employ overcomes common aggregation problems, eliminates the bias arising … punishment has a strong deterrent effect; each execution results, on average, in 18 fewer murders - with a margin of error of …