Raising the severity and certainty of punishment decreases the cheating on examinations. This statement imitates: (1) Misplaced cynicism as this issue is ethical, not economic. (2) Purely normative views of the behavior. (3) Unrealistic expectations regarding student honesty. (4) The thought that the demand curve for cheating is negatively sloped. (5) Failures to reward ‘creative’ cheating suitably.