Miettinen, Topi; Ropponen, Olli; Sääskilahti, Pekka - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011
We exploit a controlled frameless laboratory experiment to study settlement negoti-ations and the plainti¤s decision … to raise a lawsuit in case of an impasse. We
nd thatgreater variance in court outcomes increases the litigation rate and … about the protagonists course of actionare accountable for the lower settlement rate, while an impasse payo¤ inferior to …
