Author's Final Manuscript
Federal data on drug trafficking sentences are used to determine factors that affect market quantities of providing information against other defendants (i.e., defendant probabilities of receiving testimony-related sentence reductions) and market prices of information (i.e., the sizes of such sentence reductions). Women and better-educated defendants experience high demand (higher quantities and prices) for information. Blacks, Hispanics, and non-U.S. citizens experience low demand. Defendants expecting longer sentences have higher supply of information. Conditional on expected sentence, crack dealers, high-level dealers, and dealers with long criminal histories experience low demand, while low-level dealers experience high demand. Women of all races experience high demand for information.
This is the accepted version of the following article: A. Nutting, "Squealer Dealers: The Market for Information in Federal Drug Trafficking Prosecutions," Economic Inquiry 53.1 (2015): 486-507, which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/ecin.12123/abstract.
A. Nutting, "Squealer Dealers: The Market for Information in Federal Drug Trafficking Prosecutions," Economic Inquiry 53.1 (2015): 486-507.