Unite and (Plea) Bargain

Unite and (Plea) Bargain
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ISBN-10 : OCLC:1398445160
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Book Synopsis Unite and (Plea) Bargain by : Shmuel Leshem

Download or read book Unite and (Plea) Bargain written by Shmuel Leshem and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principals use threats to make agents accept their demands. But what if agents outnumber threats? When negotiating with agents sequentially, a principal may have to forgo some agents to make threats against others credible. This paper examines a fundamental choice that such a principal faces: to divide agents and threats or to unite them. Using plea bargaining between limited-resource prosecution (principal) and offenders (agents), we show that by avoiding division the prosecution may boost--and never weaken--the credibility of its threats. We discuss the implications of this result for federalization of crime, employment negotiations, and formation of military alliances.


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