In the absence of antitrust regulations, rational profit-maximizing firms in an oligopoly may freely act in consort to reach a consensus and to maintain prices above the competitive level. However, in light of potential exposure to antitrust investigations and prospective heavy sanctions, firms...

While much legal research has examined the problem of court delays and backlogs, the link between the prosecutor' s incentives to press charges and their subsequent effect on the congestion in the criminal justice system has remained largely overlooked. To understand the implications of such...

While much legal research has examined the problem of court delays and backlogs, the link between the prosecutor’s incentives to press charges and the subsequent effect on congestion in the criminal justice system has remained largely overlooked. To understand the implications of such...

While much legal research has examined the problem of court delays and backlogs, the link between the prosecutor’s incentives to press charges and the subsequent effect on congestion in the criminal justice system has remained largely overlooked. To understand the implications of such...