-based liability. In this paper, we study the determinants of compliance when in addition to standard economic incentives wrongdoers … non-guiltiness standard - the fault standard equal to the deterrence level - is never optimal. In this scenario, we show …

results. First, delays have a negative effect on payment compliance: the rate of timely paid fines diminishes by 7 to 9% when …

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 …

settlement amount, yet at the price of reduced deterrence for those wrongdoers who are actually fined. Under a leniency program … fine reduction on deterrence is, therefore, negative. …

This paper analyses why Chinese lawyers report a high level of perceived deterrence in relation to tax evasion even … though enforcement is weak. It finds that deterrence here originates from multiple sources, most directly through clients and … understanding of sanction severity unfitting of the high deterrence found here. In the cases studied, deterrence arises out of a …