For psychologists, bounded rationality reflects the presence of cognitive dissonance and/or inconsistency, revealing that people use heuristics (Tversky and Kahneman (1974)) rather than sophisticated processes for the assessment of their beliefs. Recent research analyzing litigations and...

Book review of MARK J. NIGRINI, Forensic Analytics: Methods and Techniques for Forensic Accounting Investigations, John Wiley & Sons (Hoboken, NJ: Wiley, 2020, ISBN: 978-0-470- 89046-2, 463 pages, $95.00).

We experimentally study the effects of the split-award tort reform, where the state takes a share of the plaintiff's punitive damage award, on litigants' beliefs and bargaining outcomes. In addition, we study the formation of litigants' beliefs in a strategic environment. Our results provide...

This paper elaborates on a basic model of mass tort litigation, highlighting the existence of positive informational externalities afforded by the discovery process (as a general technology of production of evidences) in order to study when a class action is formed, or when a sequence of...

We study the market for AI systems that are used to help to diagnose and treat diseases, reducing the risk of medical error. Based on a two-firm vertical product differentiation model, we examine how, in the event of patient harm, the amount of the compensation payment, and the division of this...

Anti-SLAPP legislation has proliferated across the US and Canada. SLAPPs are strategic lawsuits against public participation, "private claims whose objective is to chill opposition by limiting parties' ability to participate in public debate. SLAPPs involve a complementarity between a private...

The paper addresses the issue of the impact of asymmetric information on risk aversion of litigant parties in a model à la Bebchuk. First we study the case where the plaintif is the informed party, and characterize the equilibrium with and without a pretrial negociation round. Then, we focuse...

When several plaintiffs file individually a lawsuit against the same tortfeasor, the resolution of the various cases through repeated trials produces positive informational externalities, which benefit to the later plaintiffs (since there exist precedents, jurisprudence.). Thus, the first filers...

Резюме: Научният анализ представя общата характеристика на съдебното исково производство за установяване на трудов и/или осигурителен стаж. Аспектите на...

Резюме: Предмет на анализ е нововъведената от 2022 г. избираема учебна дисциплина „Правен режим на защита от дискриминация“, която трябва да се изучава в...