monitors'). We review the literature on the relative merits of punishment and rewards when the distribution of incentive power … examines decentralized incentive systems where all group members can reward and/or punish one another. Many self … evidence showing how concentrating reward/punishment power in one group member affects cooperation. …

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 …