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Persistent link: https://www.econbiz.de/10008577687
litigation process. We begin with a review of studies of aggregate empirical trends and the important issues involving contracts …
Persistent link: https://www.econbiz.de/10005191451
We experimentally study the effects of the split-award tort reform, where the state takes a share of the plaintiff's punitive damage award, on litigants' beliefs and bargaining outcomes. In addition, we study the formation of litigants' beliefs in a strategic environment. Our results provide...
Persistent link: https://www.econbiz.de/10005069896
, plaintiffs are more willing to accept lower settlement offers and therefore, the firm's expected litigation loss is lowered under … this statute. It is important to note, however, that the reduction in the firm's expected litigation loss will affect its … a strategic model of litigation under asymmetric information to investigate the effect of the split-award reform on the …
Persistent link: https://www.econbiz.de/10005702607
We experimentally study the effects of the split-award tort reform, where the state takes a share of the plaintiff's punitive damage award, on litigants' beliefs and bargaining outcomes. In addition, we study the formation of litigants' beliefs in a strategic environment. Our results provide...
Persistent link: https://www.econbiz.de/10005623433
Since January 1, 2005, the Dutch tax litigation comprises an appeals court. Before 2005, it had but one court of …
Persistent link: https://www.econbiz.de/10005619699
This paper reports three experiments with triadic or dyadic designs. The experiments include the moonlighting game in …. Data from our three experiments and a fourth one are used to explore methodological questions, including the effects on …
Persistent link: https://www.econbiz.de/10005711658
they are really the most challenging ones for conventional theory. New developments are emerging both at the theoretical …
Persistent link: https://www.econbiz.de/10005763508
they are really the most challenging ones for conventional theory. New developments are emerging both at the theoretical …
Persistent link: https://www.econbiz.de/10004976631
domain for economic theory. The first one is used by some experimenters in their skirmishes with economic theorists, and … assumption that the domain of economic theory is more limited than a literal reading of its assumptions would suggest. Of course … point in the direction of the incompleteness of economic theory. Some remarks on the role of methodological arguments …
Persistent link: https://www.econbiz.de/10005496153