Ravindra, Dandekar Suyog; Raja Angara V. - In: Asian Journal of Law and Economics 6 (2015) 1, pp. 1-21
The paper provides a behavioral approach to analysis of pre-trial negotiations. This paper differs from earlier studies in that the most likely outcome forms the basis on which the parties assess their benefits and costs. This is based not on precise calculations of expected values, but on the...