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Fines versus damages: experimental evidence on care investments

Florian Baumann/Tim Friehe/Pascal Langenbach

This paper studies the differential effects of fines and damages on people's investment in accident prevention. We report results from a laboratory experiment in which monetary payoffs are maintained across the two policy instruments. While standard theory predicts no difference in behavior, we...

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Bibliographic details
Volume: 2020/8
Main Author: Baumann, Florian
Friehe, Tim
Langenbach, Pascal
Format: eBook
Language: English
Ort : Verlag : ErscheinungsdatumBonn : Max Planck Institute for Research on Collective Goods : May 2020
Extent: 1 Online-Ressource (43 Seiten) : Diagramme
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion papers of the Max Planck Institute for Research on Collective Goods ; 2020/8
Links: Fulltext
HBZ-ID: HT020470422 » further libraries in North Rhine-Westphalia
Database: ULB Bonn