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 …We develop a theoretical model to identify and compare partial and equilibrium effects of uncertainty and the magnitude …

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 …We develop a theoretical model to identify and compare partial and equilibrium effects of uncertainty and the magnitude …

Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly … overlooked: the swiftness of formal sanctions. We consider two dimensions: the timing at which the uncertainty about whether one …

Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly … overlooked: the swiftness of formal sanctions. We consider two dimensions: the timing at which the uncertainty about whether one …

behavioral theory of deterrence under uncertainty …We conduct laboratory experiments to investigate the effects of deterrence mechanisms under controlled conditions. The … effect of the expected cost of punishment of an individual's decision to engage in a proscribed activity and the effect of …