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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
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
effect of the expected cost of punishment of an individual's decision to engage in a proscribed activity and the effect of … speed when the punishment regime for which they voted is implemented. Our results have important implications for a … behavioral theory of deterrence under uncertainty …
Persistent link: https://www.econbiz.de/10014209375
) there is preference uncertainty. In a linear public good with punishment meted out by a disinterested participant, I test … two implications of the model: (a) participants increase contributions in reaction to imperfect punishment; (b) imperfect … punishment helps sustain cooperation if participants experience free-riding …
Persistent link: https://www.econbiz.de/10013081462
) there is preference uncertainty. In a linear public good with punishment meted out by a disinterested participant, I test … two implications of the model: (a) participants increase contributions in reaction to imperfect punishment; (b) imperfect … punishment helps sustain cooperation if participants experience free-riding. -- deterrence ; public good experiment ; inequity …
Persistent link: https://www.econbiz.de/10009742336
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
problem is multilateral punishment, whereby groups of principals jointly punish cheating agents by giving them bad reputations …. But how does such punishment work when there is uncertainty regarding whether an agent actually cheated or was just the … to employ multilateral punishment. We find that a modest amount of uncertainty increases overall welfare because …
Persistent link: https://www.econbiz.de/10012950453
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/10011345790
sanction scheme capable both of resolving and of exacerbating the free-rider problem, depending on parameter settings. Most …
Persistent link: https://www.econbiz.de/10011344858
Persistent link: https://www.econbiz.de/10012618778