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white-collar plea bargaining and sentencing. Prosecutors' punishment intuitions and the strong white-collar defense bar will …
Persistent link: https://www.econbiz.de/10012764862
, which may increase social welfare by giving appropriate level of punishment to the guilty …
Persistent link: https://www.econbiz.de/10012994223
We analyze optimal sentence length for recurring crimes in the face of adjudication errors. We develop an infinite-horizon model where offenders are habitual---they repeat crimes whenever free. If apprehended, criminals may be wrongfully acquitted. Similarly, innocent persons may be apprehended...
Persistent link: https://www.econbiz.de/10013250838
Priest and Klein’s 1984 article, “The Selection of Disputes for Litigation,” famously hypothesized a “tendency toward 50 percent plaintiff victories” among litigated cases. Despite the article’s enduring influence, its results have never been formally proved, and doubts remain about...
Persistent link: https://www.econbiz.de/10014139739
The "trial penalty" is a concept widely accepted by all the major actors in the criminal justice system: defendants, prosecutors, defense attorneys, court employees, and judges. The notion is that defendants receive longer sentences at trial than they would have through plea bargain, often...
Persistent link: https://www.econbiz.de/10013059545
. The author argues that economic models which propose antitrust punishment be limited to fines and then to fines that are … levied against only business entities, are deficient because they account for only the general deterrent effect of punishment …
Persistent link: https://www.econbiz.de/10014065269
Persistent link: https://www.econbiz.de/10013074576
This paper provides a rationale for two characteristics of juvenile justice systems. First, juvenile justice systems tend to be more lenient in terms of both incarceration rates and time incarcerated. Second, higher expenditures are made to incarcerate a juvenile offender than an adult prisoner....
Persistent link: https://www.econbiz.de/10013032891
Although a punishment can be applied only once, the threat to punish can be repeated several times. This is possible … because, when parties comply, the punishment is not applied and can thus be used to support a new threat. We refer to this …
Persistent link: https://www.econbiz.de/10014222949
This paper presents a model of penalties that reconciles the conflicting accounts optimal punishment by Becker, who …
Persistent link: https://www.econbiz.de/10014106678