Longer prison sentences lead to increased criminal asset recovery in the UK.
The thesis explores how imperfect monitoring affects collusion in repeated games, showing that low monitoring costs can lead to collusive agreements. It also examines a bargaining game with rational and stubborn players, revealing how the stubborn type's flexibility impacts equilibrium outcomes. Additionally, the research analyzes the impact of longer prison sentences on criminal asset recovery, finding that extended sentences incentivize offenders to pay their criminal assets.