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Persistent link: https://www.econbiz.de/10011867461
In a veto game, we investigate the effects of "buyout" which allows non-veto players strategically form an intermediate coalition. We report two main experimental findings in this paper. First, the frequency of intermediate coalition formation is much lower than predicted by theory, regardless...
Persistent link: https://www.econbiz.de/10013243564
The legal community has been debating the question of who should select and provide expert witnesses at trial: the litigant or the judge? Using a persuasion-game framework, I show that there is a trade-off. On the one hand, the litigant is willing to consult an expert even when the judge is...
Persistent link: https://www.econbiz.de/10012936278