Schildberg-Hörisch, Hannah; Strassmair, Christina - 2008
of punishment. In our experiment, subjects can steal from another participant's payoff. Deterrent incentives vary across …Crime has to be punished, but does punishment reduce crime? We conduct a neutrally framed laboratory experiment to test … the deterrence hypothesis, namely that crime is weakly decreasing in deterrent incentives, i.e. severity and probability …