My father was granted release on parole today, after more than 40 years in prison! 

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Same for the opposite, rewards. Research shows that routine “rewards” like extra end-of-the-year payments or predictable bonuses end up being an expectation and lose their power as reward fairly quickly.
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What does work as deterrent is boots on the ground or cops on the beat. A higher chance of caught actually works as deterrent. Increasing penalties doesn’t as much because perpretrators expect not to be caught…
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