prevent the full internalisation of costs. A mechanism is proposed which guarantees an efficient outcome: monetary fines which …

This paper studies the enforcement of fines. We randomly assign 80,000 speeding tickets to treatments that increase the … variation in fines, we then document a strong price responsiveness: a 1% increase in the payment obligation induces a 0 … equivalent to the effect of a 4-9% reduction in fines. …

perspective, so that it can be considered useful to use fines as a first-choice punishment in economic and tax-criminal cases. The …

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 …

penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …

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 …