Criminal law and economics rests on the expectation that deterrence incentives can be employed to reduce crime. Prison … survey evidence however suggests that a majority of criminals are biased and may not react to deterrence incentives. This … study employs an extra-laboratory experiment in a German prison to test the effectiveness of deterrence. Subjects either …

More policing reduces crime but little is known about the mechanism. Does policing deter crime by reducing its …

enforcers means higher probability of detecting a crime, which is known as monitoring effect. On the other hand, criminals … incorporate this increase into their decision making process and thus may commit less crimes, constituting the deterrence effect … evidence for the presence of the deterrence effect in the case of penalties with severe punishment and committed by teams with …

subjects' status concerns can result in multiple-equilibrium crime rates and may modify the standard comparative …-statics results regarding how the crime rate changes in response to a higher detection probability and higher sanctions. In addition … theories of crime, namely strain theory. …

incapacitation from changes in deterrence. The elasticity of total crime with respect to incapacitation is between -20 and -35 …We estimate the incapacitation effect on crime using variation in Italian prison population driven by eight collective … entire prison population - and happen nationwide. Exploiting this quasi-natural experiment we break the simultaneity of crime …

Criminal law and economics rests on the expectation that deterrence incentives can be employed to reduce crime. Prison … survey evidence however suggests that a majority of criminals are biased and may not react to deterrence incentives. This … study employs an extra-laboratory experiment with criminals in a German prison to test the effectiveness of deterrence and …