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The Impact of Court Delays on the Prosecutor and the Defendant: An Economic Analysis
Authors:Andrew Torre
Institution:(1) School of Economics, Faculty of Business and Law, Deakin University, Burwood Victoria, 3125, Australia
Abstract:One important aspect of the economic theory of criminal court delay is to understand how the prosecutor and the defendant make their decisions, and how these respond to changes in trial delay. If both parties jointly maximise expected utility, trial delay may increase or decrease the number of trials, depending upon the decision makers' attitudes towards risk. The main policy implication is that providing the criminal courts with more resources in the form of additional judges and court capacity may lengthen the trial queue rather than shorten it. This is a counterintuitive result contrary to popular belief.
Keywords:risk  joint optimal trial waits  flexibility option curve
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