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 … hypotheses derived from the theory. …

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 … hypotheses derived from the theory. …

can be tricky, this paper uses the crime strategic model (inspection game) proposed by Tsebelis. This model shows that any … attempts to increase the severity of punishment will alter the payoff of the individuals involved, leaving unchanged the … frequency of violation at equilibrium. This result is misleading: payoffs are not independent and the crime game can not be …

We conduct an experiment to examine the role of retribution and deterrence in motivating third party punishment. In … individual. In a one-shot prisoner's dilemma game with third party punishment, we find groups punish more when the penalty embeds … deterrence than when it can only be retributive. In contrast, individual third parties' punishment decisions do not vary on …