Bargaining With Asymmetric Information: An Empirical Study of Plea Negotiations
不对称信息下的议价：认罪协商的实证研究
This paper empirically investigates how sentences to be assigned at trial impact plea bargaining. The analysis is based on the model of bargaining with asymmetric information by Bebchuk, 1984. I provide conditions for the nonparametric identification of the model, propose a consistent nonparametric estimator, and implement it using data on criminal cases from North Carolina. Employing the estimated model, I evaluate how different sentencing reforms affect the outcome of…