Unite and (Plea) Bargain
Author | : Shmuel Leshem |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
ISBN-10 | : OCLC:1398445160 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
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.