Friday, March 16, 2007

Incentives and Bargaining

In an article unrelated to the trial that was posted to by the Drudge Report, there was a revealing sentence about enforcement of a plan to restrict water use in South Florida: "Neighbors will be encouraged to rat each other out for watering on the wrong day."

This trend is one I've observed occurring more frequently in the American justice system: the use of incentives to encourage people to "roll" on each other - to "defect," to use the language of game theory. Although this incentivizing is commonly associated with the War on Drugs, it's been a staple of securities cases ever since the 1980s. Those who've been following the trial already know its relevance.

To move directly to the trial itself, now on hiatus until Monday: A report in the Globe and Mail has a few factoids, about the jurors that didn't make the cut, which I haven't seen elsewhere.

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