winner and announces a score. The “trial versus settlement” trope, however, represents a false choice; viewing settlement … data from New York's summary jury trial program. Patterns in the data are consistent with parties using partial settlement …A settlement is an agreement between parties to a dispute. In everyday parlance and in academic scholarship, settlement …

Many settlement agreements in lawsuits involving either multiple plaintiffs or multiple defendants include so … actions, and many antitrust lawsuits. This paper considers a defendant who is facing a large group of heterogeneous plaintiffs …. Each plaintiff has private information about the (expected) award that he or she will receive should the case go to trial …

Two risk-averse litigants with different subjective beliefs negotiate in the shadow of a pending trial. Through … contingent contracts, the litigants can mitigate risk and/or speculate on the trial outcome. The opportunity for contingent … contracting decreases the settlement rate and increases the volume and costs of litigation. These contingent contracts mimic the …

This paper studies how litigation and settlement behavior is affected by agents motivated by spiteful preferences under … settlement requests are higher for more spiteful participants. The relative increase in litigation expenditures due to spite is …

We presently lack a good theory for when we should permit parties to litigate using a pseudonym, and American and …