Settlement is a term rarely used in criminal law. Instead, people speak almost exclusively of plea bargaining — i.e., agreements in which a defendant promises to plead guilty in exchange for a prosecutor's promise to seek leniency in charging or sentencing. But a traditional plea agreement is...

Behavioral economics has been a growing force in many fields of applied economics, including public economics, labor economics, health economics, and law and economics. This paper describes and assesses the current state of behavioral law and economics. Law and economics had a critical (though...