A main focus in economics is how to design optimal policies in second-best situations, which
often requires a trade-off between giving some individuals more than they deserve, false …

This study investigates the effects of rewards in a research and development (R&D) setting
in which employees' inventive efforts lead to patented inventions. Pay for performance (PFP) …

Increasing punishment is typically considered first choice to boost deterrence of
unwarranted behavior such as false financial statements, asset misappropriation, stealing …

Low self-control is considered a fundamental cause of crime. The aim of our study is to
provide causal evidence on the link between self-control and criminal behavior. We test …

In bifurcated patent litigation systems, claims of infringement and validity of a patent are
decided independently of each other in separate court proceedings at different courts. In non …

This study analyzes deterrence schemes and their impact on stealing. The results confirm
Becker's deterrence hypothesis. Moreover, crowding out of pro-social behavior occurs due …

According to a conventional view, type-1 error (wrongful conviction) is as detrimental to
deterrence as type-2 error (wrongful acquittal), because type-1 error lowers the pay-off from …

We analyze experimental data to assess whether the deterrent effect of expected fines
depends on who receives the fines' proceeds. We compare behavior in treatments when the …

This paper investigates the influence of overconfidence and misjudgement of merit on the
decision to enter a winner-take-all market. Through a lab-in-the-field experiment conducted …

Cooperation can be induced by an authority with the power to mete out sanctions for free
riders, but law enforcement is prone to error. This paper experimentally analyzes …