Showing 1 - 10 of 12,311
applications and insights from game theory. Specific issues examined include: optimal settlement agreements, optimal settlement …
Persistent link: https://www.econbiz.de/10014026078
Persistent link: https://www.econbiz.de/10011802677
Persistent link: https://www.econbiz.de/10001364234
Persistent link: https://www.econbiz.de/10011327403
Persistent link: https://www.econbiz.de/10012173250
Persistent link: https://www.econbiz.de/10013431573
In this paper, we model litigation as a series of strategic contests. Specifically, building on the work of others, we model pre-trial litigation as a Colonel Blotto game, i.e. a game of allocative strategic mismatch in which the parties must allocate scarce time resources to a finite number of...
Persistent link: https://www.econbiz.de/10012987835
We consider strategic behavior in non-Coasean litigation: private disputes such that the court's judgment may influence the final allocation of rights even if transaction costs are zero. This occurs when the law prohibits otherwise-profitable efforts to contract around the court's judgment. This...
Persistent link: https://www.econbiz.de/10013231047
In litigation models, the parties' probability to succeed in a lawsuit hinge upon the merits of the parties' claims and their litigation efforts. In this paper we extend this framework to consider an important procedural aspect of the legal system: the standard of proof. We recast the...
Persistent link: https://www.econbiz.de/10012936143
This paper develops a new theory of possibly frivolous litigation by focusing on a plaintiff's options to unilaterally …
Persistent link: https://www.econbiz.de/10014074262