In this paper, we construct a simple model that illustrates a perverse effect associated with plea bargaining in which an increase in sanctions can lead to reduced deterrence. This finding is derived from the interaction of binding budgetary constraints and plea bargaining. In an environment...

Universities are engaged in many activities; primarily, research and teaching. Many states have instituted performance measures that focus on evaluating a university's success in teaching. We suggest that multitasking may be important in this context, and we consider research outcomes after...

When parole boards learn whether inmates are rehabilitated by observing their behavior in prison, we show why they would release one inmate, while continuing to incarcerate another with a longer sentence, but who is otherwise observationally identical. This reflects that the longer a parole...