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The purpose of this chapter is to survey the academic literature on the economics of litigation and to synthesize its … main themes. The chapter begins by introducing the basic economic framework for studying litigation and out … also addressed. Are the litigation decisions made by private parties in the interest of society as a whole? Next, the …
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. Fourth, we treat the subject of civil litigation, that is, the bringing of lawsuits, and their settlement or disposition at … additional topics relating to litigation. Fifth, we consider public enforcement of law, focusing on the level of law enforcement …
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