This paper studies in a model à la Bebchuk how the existence of an asymmetric information on the risk aversion of parties engaged in a trial affects the way they litigate. We first consider the situation where the plaintiff is the informed party, and solve for the equilibrium with and without...

We submit here for consideration the establishment of the material competence of the courts in judging the complaints against the measures established by the Court of Accounts in performing its financial control activities. In this meaning, we have as reference the jurisprudence in this area,...

Past interest in the phenomena of Public interest litigation has concentrated on a legal justification of PIL and on arguments based on “access to Justice” for the poor. There seems to be scant literature that looks at PIL from a Law and Economics perspective. This paper sets up a framework...