Showing 1 - 10 of 23
We examine whether elections of public prosecutors influence the mix of cases taken to trial versus plea bargained. A theoretical model is constructed wherein voters use outcomes of the criminal justice system as a signal of prosecutors’ quality, leading to a distortion in the mix of cases...
Persistent link: https://www.econbiz.de/10010937298
Should witnesses truthfully reveal all information or present the evidence in such a way as to support one side of the dispute? The ability of a witness to distort evidence at some cost in support of the prosecution in a criminal case is considered. It is shown that when distorting the evidence...
Persistent link: https://www.econbiz.de/10009208049
A trade embargo is a common way to punish a country. The question I ask is what effect does an embargo have on an imperfectly competitive market? I extend the standard quality duopoly model to show that if the embargo is on the high quality good the quality diminishes and causes an ambiguous...
Persistent link: https://www.econbiz.de/10005767600
Persistent link: https://www.econbiz.de/10008491499
Persistent link: https://www.econbiz.de/10005068141
A trade embargo is a common way to punish a country. The question I ask is what effect does an embargo have on an imperfectly competitive market? I extend the standard quality duopoly model to show that if the embargo is on the high quality good the quality diminishes and causes an ambiguous...
Persistent link: https://www.econbiz.de/10010629959
Persistent link: https://www.econbiz.de/10008926119
The interaction between a sophisticated player and a fictitious player is analyzed and applied to the problem of optimal enforcement. An adaptive potential offender myopically responds to the history of past enforcement. How can a sophisticated enforcement official take advantage of this...
Persistent link: https://www.econbiz.de/10010883235
A price takes the form of a cost for either one unit (single-unit pricing) or multiple units (multi-unit pricing). I consider a monopolist selling units of a good to a population of homogeneous consumers to explain why one is preferred to the other. A mental cost arises if the division problem a...
Persistent link: https://www.econbiz.de/10005200322
"I present a model where a regulator monitors compliance with a policy by a population of individuals, some of whom repeatedly prefer to violate the policy, while others only occasionally want to experiment. I show that the regulator can use sanctions, contingent on past violations of the...
Persistent link: https://www.econbiz.de/10005203428