Corpus ID: 155374971

Plea Bargaining and Price Theory

  title={Plea Bargaining and Price Theory},
  author={Russell Dean Covey},
  • Russell Dean Covey
  • Published 2016
  • Economics
  • Like other markets, the plea bargaining market uses a pricing mechanism to coordinate market functions and to communicate critical information to participants, information that permits rational decisionmaking in the face of uncertainty. Because plea bargaining play such a prominent role in the administration of criminal justice, and because the pricing mechanisms inherent in plea bargaining can - like pricing mechanisms generally - both explain past conduct by market participants and predict… CONTINUE READING

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