Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10001439319
Persistent link: https://www.econbiz.de/10001168717
"Most-favored-nation" (hereafter, MFN) clauses have been used in analyses of international trade, durable goods monopoly pricing, and franchise contracting to address a repeat player's time-inconsistency problem. Recent work by Spier (forthcoming and 2002) has extended this perspective to the...
Persistent link: https://www.econbiz.de/10014103900
We explore informational externalities that arise when multiple plaintiffs are harmed by the behavior or product of a single defendant. An early plaintiff is likely to raise the awareness of a later plaintiff, and the later plaintiff will be able to learn something about the defendant's...
Persistent link: https://www.econbiz.de/10014106424
We briefly review two basic models of settlement bargaining based on concepts from information economics and game theory. We then discuss how these models have been generalized to address issues that arise when there are more than two litigants with related cases. Linkages between cases can...
Persistent link: https://www.econbiz.de/10013136938
Persistent link: https://www.econbiz.de/10010502106
We briefly review two basic models of settlement bargaining based on concepts from information economics and game theory. We then discuss how these models have been generalized to address issues that arise when there are more than two litigants with related cases. Linkages between cases can...
Persistent link: https://www.econbiz.de/10014064139
We discuss the implications of various models of settlement negotiations for the revelation or suppression of private information held by the parties. This information may be relevant to multiple audiences, including those involved in the instant lawsuit; other potential litigants that may...
Persistent link: https://www.econbiz.de/10013079976
Models of bargaining under incomplete information usually focus on the revelation of information between the participants in the existing negotiation. However, what if one of the participants wants the details (or the existence) of the negotiations to be kept secret? In such circumstances...
Persistent link: https://www.econbiz.de/10014220159
We provide a simple incomplete-information model wherein an initially uninformed plaintiff makes a menu of settlement demands (one of which involves confidentiality) of the informed defendant. The defendant is informed about both his culpability in the harm suffered by the current plaintiff and...
Persistent link: https://www.econbiz.de/10014182904