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of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when …. This interdependency is important since, in the case of legal uncertainty, higher fines may reduce the willingness to … punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …
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penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …
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of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when …. This interdependency is important since, in the case of legal uncertainty, higher fines may reduce the willingness to … punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …
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