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white-collar plea bargaining and sentencing. Prosecutors' punishment intuitions and the strong white-collar defense bar will …
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economic theory? Which theory does empirical analysis of actual sentencing data support? I argue that there is a fundamental … theories. The results of that study are surprising and support neither theory-not only is there no evidence for a trial penalty …
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, which may increase social welfare by giving appropriate level of punishment to the guilty …
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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...
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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...
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