Baye, Michael R.; Kovenock, Dan; Vries, Casper G. - In: Economic Journal 115 (2005) 505, pp. 583-601
A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....
