Problem
Suppose a crime has been committed and a suspect apprehended. The prosecutor estimates that the probability of conviction is .3 for innocent defendants and .4 for guilty defendants. Suppose that the legislated punishment on convictionat trial imposes a dollar cost of $1,000 on both types of defendants, and the cost of a trial is $50 for both.
(a) For each of the following plea offers, state whether each type of defendant will accept or reject the offer:
(i) $300
(ii) $400
(iii) $500
(b) Which offer (or offers) results in different treatment of innocent and guilty defendants? Is it possible to make an offer that is acceptable to an innocent defendant but would be rejected by a guilty defendant? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.