The Economics of plea-bargaining and settlement: an investigation into the factors that affect one's decision in today's court system
Loading...
Authors
Burns, James C.
Issue Date
2004
Type
Thesis
Language
en_US
Keywords
Alternative Title
Abstract
This paper is a thorough investigation into the literature on the economics of pleabargaining
and the settlement process. An investigation of this topic is justified through
current statistical data on the substantial growth of the lawsuit industry and its effects on
small businesses as well as the United States as a whole. The body of this paper is built
off of Wtlliam Landes' criminal case model established in 1971, and John Gould's civil suit
model established in 1973. The factors affecting the prosecution, in criminal cases, the
plaintiff, in civil cases, and the defense, in both civil and criminal are the primary analysis
of this paper. Some of these factors include: how averse to risk one is, the amount of
resources one has, wealth, the bail system, the judicial review mechanism, and pre-trial
sanctions. This paper establishes that there have been numerous models founded in the
past 33 years pertaining to plea-bargaining and settlement issues, and that these models
are essential to anyone making the decision to settle or go to trial.
Description
41 p.
Citation
Publisher
License
U.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.