Trial Selection Theory: A Unified Model
This paper provides a formal model of the trial selection process that incorporates the Priest-Klein hypothesis and alternative theories of selection. We derive the conditions under which the hypothesis is valid, and examine implications for the relationship between trial outcome uncertainty and litigation. The model suggests a generalization of the hypothesis.
Year of publication: |
2009-10
|
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Authors: | Hylton, Keith N. ; Lin, Haizhen |
Institutions: | Department of Business Economics and Public Policy, Kelley School of Business |
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