Ayuso, Mercedes; Bermúdez, Lluís; Santolino, Miguel - In: International Review of Law and Economics 41 (2015) C, pp. 77-85
The paper examines the distribution function of settlements over time in an attempt to explain the time it takes to negotiate the claim compensation in the context of motor disputes. Competing risk models are applied to a Spanish motor insurance database. The empirical analysis yielded two main...