NotesOptimal subsidies and damages in the presence of judicial error
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The effect of evidentiary rules on conviction rates
2022, Journal of Economic Behavior and OrganizationCitation Excerpt :However, we examine both wrongful and rightful conviction rates because they together control the opportunity cost of crime, which speaks to deterrence (Curry and Klumpp, 2009). As wrongful (rightful) convictions go down (up), the expected return to crime shrinks (e.g., Demougin and Fluet, 2005; Kaplow, 2011; Lando and Mungan, 2018; Mungan, 2020b; Png, 1986; Polinsky and Shavell, 2007). Here we take criminal behavior as exogenous, which is justifiable when the sanction elasticity of crime is small (Chalfin and McCrary, 2017).
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2021, Journal of Financial EconomicsThe optimal adjustment to liability when litigation is costly: A note
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2020, American Political Science ReviewDo prosecutors induce the innocent to plead guilty?
2024, Economic InquiryThe standard of proof and crime prevention: A theoretical and empirical analysis
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I am grateful to the Center for Economic Policy Research, Stanford University, and the Association Internationale pour l'Etude de l'Economie de l'Assurance for financial support, and to S.A. Lippman, A.M. Polinsky, and the referees of the Review for their advice.