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Fines, Risks and Damages : Money Sanctions and Justice in Control Societies
O'Malley, Pat - 2010
Fines and damages are the principal sanctions of criminal, civil and regulatory law. Yet in law it does not matter who pays money sanctions. Damages overwhelmingly are paid by insurers and the cost of insurance premiums loaded into commodity prices and thus dispersed among consumers. Fines are...
Persistent link: https://www.econbiz.de/10014195511
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What were the odds? : estimating the market's probability of uncertain events
Langer, Ashley; Lemoine, Derek - 2020
Persistent link: https://www.econbiz.de/10012405858
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Efficient institutions and effective deterrence : on timing and uncertainty of formal sanctions
Buckenmaier, Johannes; Dimant, Eugen; Posten, Ann-Christin - 2020
Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly … will be punished is dissolved and the timing at which the punishment is actually imposed, as well as the combination …
Persistent link: https://www.econbiz.de/10012171815
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Efficient institutions and effective deterrence : on timing and uncertainty of formal sanctions
Buckenmaier, Johannes; Dimant, Eugen; Posten, Ann-Christin - In: Journal of risk and uncertainty 62 (2021) 2, pp. 177-201
Persistent link: https://www.econbiz.de/10012618778
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Efficient institutions and effective deterrence: on timing and uncertainty of formal sanctions
Buckenmaier, Johannes; Dimant, Eugen; Posten, Ann-Christin - 2021
Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly … will be punished is dissolved and the timing at which the punishment is actually imposed, as well as the combination …
Persistent link: https://www.econbiz.de/10012438420
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Risks and Prices : The Role of User Sanctions in Marijuana Markets
Pacula, Rosalie Liccardo - 2007
User sanctions influence the legal risk for participants in illegal drug markets. A change in user sanctions may change retail drug prices, depending on how it changes the legal risk to users, how it changes the legal risk to dealers, and the slope of the supply curve. Using a novel dataset with...
Persistent link: https://www.econbiz.de/10012465236
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Exchange in theaAbsence of legal enforcement : reputation and multilateral punishment under uncertainty
Hajikhameneh, Aidin; Rubin, Jared - In: The journal of law, economics, and organization 35 (2019) 1, pp. 192-237
Persistent link: https://www.econbiz.de/10012170981
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Legal uncertainty, competition law enforcement procedures and optimal penalties
Katsulakos, Giannēs S.; Ulph, David - 2014
Persistent link: https://www.econbiz.de/10011287254
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Legal uncertainty, competition law enforcement procedures and optimal penalties
Katsulakos, Giannēs S.; Ulph, David - In: European journal of law and economics 41 (2016) 2, pp. 255-282
Persistent link: https://www.econbiz.de/10011648267
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The impact of fine size and uncertainty on punishment and deterrence : theory and evidence from the laboratory
Feess, Eberhard; Schildberg-Hörisch, Hannah; Schramm, … - 2015
of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when … hypotheses derived from the theory. …
Persistent link: https://www.econbiz.de/10011347317