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Although an overwhelming proportion of all legal disputes end in settlement, the determinants of the timing of settlement remain empirically underexplored. We draw on a novel dataset on the duration of commercial disputes in Slovenia to study how the timing of settlement is shaped by the stages...
Persistent link: https://www.econbiz.de/10011343069
This paper studies how litigation and settlement behavior is affected by agents motivated by spiteful preferences under the American and the English fee-shifting rule. We conduct an experiment and find that litigation expenditures and settlement requests are higher for more spiteful...
Persistent link: https://www.econbiz.de/10013555697
This paper examines the strategic effects of case preparation in litigation. Specifically, it shows how the pretrial efforts incurred by one party may alter its adversary’s incentives to settle. We build a sequential game with one-sided asymmetric information where the informed party first...
Persistent link: https://www.econbiz.de/10003720823
Despite the judiciary's central role in the capitalist market system, micro-level empirical analyses of courts in post-socialist countries are remarkably rare. This paper draws on a unique hand-collected dataset of commercial claims filed at Slovenian courts to examine the determinants of two...
Persistent link: https://www.econbiz.de/10010383306
We utilize case-level data from a large Belgian court to study a policy-relevant but thus far empirically unexplored aspect of judicial behavior: the time that a judge takes to deliberate on a case before rendering a verdict. Exploiting the de facto random administrative assignment of filed...
Persistent link: https://www.econbiz.de/10011488060
We study the question whether a holder of standard essential patents (SEPs) should be allowed to choose the level in the value chain at which to offer a FRAND license to its SEPs. We give a pos-itive answer to this question for two reasons. First, the SEP holder and the social planner tend to...
Persistent link: https://www.econbiz.de/10012817846
stage of the patenting process and the interplay with the patent office. This is followed by considering the perspective of … the patent and trademark offices (PTOs), in particular, acknowledging the limited resources that are available to PTOs … ; pending patents ; innovation ; patent office overload ; patent inspection ; grant delays …
Persistent link: https://www.econbiz.de/10009383554
The paper discusses the effects of the corporate tax on local R&D expenditures by multinational enterprises (MNEs) when income from intellectual property (IP) may or may not benefit from a special IP regime. Our model shows that an increase of the standard corporate tax may have positive effects...
Persistent link: https://www.econbiz.de/10012668340
draws on the universe of patent applications to the European Patent Office linked with data on multinational entities (MNEs …) in Europe. Four findings emerge: Firstly, patent holdings are distorted towards low-tax countries. Secondly, patent … sort high-value (low-value) patents to low-tax (high-tax) countries. Fourthly, the propensity to locate patent ownership in …
Persistent link: https://www.econbiz.de/10011819342
Persistent link: https://www.econbiz.de/10003364003