Table A1. Accountability Theory and Deterrence Theory Compared Element Deterrence Theory Accountability Theory Objective of theory Explains how to reduce antisocial behaviors. Explains how to reduce antisocial behaviors or increase prosocial behaviors. Central mechanism Sanctions. Self-image preservation and social desirability. External component Externally imposed sanctions. Person or organiz...

T transfer to low-cost locations offers global firms an opportunity to reduce their variable costs involved in serving emerging markets. However, such moves may also make imitation by local competitors easier. As a consequence, technology transfer may create competition in the local market. We introduce component-based technology transfer for the global firm as a means to deter or accommodate t...

The conventional justification for a statute of limitations on tort suits (or any other legal claim) is that evidence deteriorates over time, thereby increasing the likelihood of legal error. The optimal statute balances this cost of a longer statute length against the dilution in deterrence that results from a shorter length. In this paper I develop a formal model to show that a finite statute...

We investigate the evolution and survival of decision making strategies for the Deterrence Game in a population of interacting agents. The Deterrence Game is a sequential, two player game that is used to study how player preference orderings affect the outcome in situations of conflict. Although there are twenty-four possible player preference orderings, only five are given serious theoretical ...

This paper addresses the issue of the optimal standard of proof in criminal law. It is assumed that people in society care about both fairness and deterrence. It is important to punish those who are guilty and only those. However, error is unavoidable and hence a trade-o¤ emerges between the three aims of punishing the guilty, not punishing the innocent and deterring potential criminals. It is ...

The Deterrent Effects of Prison: Evidence from a Natural Experiment* In this paper we test for the theory of deterrence. We exploit the natural experiment provided by the Collective Clemency Bill passed by the Italian Parliament in July 2006. As a consequence of the provisions of the bill, expected punishment to former inmates recommitting a crime can be considered as good as randomly assigned....

No country so empowers its citizens to redress the social harms committed by others as does the United States. Compensating the injured and deterring future violations are frequently seen as complementary objectives of private suits. Our legal system further affirms its commitment to compensation and deterrence through modern joinder rules and class action procedures, not to mention contingency...

We analyze the entry of a new product into a vertically differentiated market in which an entrant and an incumbent compete in prices. Here the entry-deterrence strategies of the incumbent firm rely on “limit qualities.” With a sequential choice of quality, a quality-dependent marginal production cost, and a fixed entry cost, we relate the entry-quality decision and the entry-deterrence strategi...