komponisto comments on Rationality & Criminal Law: Some Questions - Less Wrong
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I basically agree here, though it should be noted that determining exactly how the compensation should vary with the probability would be a difficult problem. (You certainly wouldn't want it to be directly proportional; I would after all shudder to think of the LW "verdict" imposing a sentence of (0.35)(26) = 9.1 years on poor Amanda Knox.)
I think I agree, provided that what you mean by the "rate at which the crime is solved" is the length of time it took for that particular case to be solved, and not some sort of average for crimes in the same "category".
I may end up agreeing with the underlying idea here, but as it stands, I'm confused by this. Most people view jail as punishment; do you not?
(In theory, really, the whole notion of punishment probably ought to go out the window, and legal remedies should be designed only with the purposes of compensating victims and preventing future offenses. Of course, there may not be much practical difference, since this would still presumably involve things like e.g. locking people up in institutions, etc.)