Mungan, Murat C. - In: International Review of Law and Economics 32 (2012) 1, pp. 178-187
Remorse and apologies by offenders have not been rigorously analyzed in the law and economics literature. This is perhaps because apologies are regarded as ‘cheap talk’ and are deemed to be non-informative of an individual's conscious state. In this paper, I develop a formal framework in...