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negotiations and revisits the selection hypothesis in the case where these legal expenditures are private information. This … negotiations select cases with the smallest legal expenditures as those going to trial, while cases with largest costs prefer to …
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This article studies the strategic use of collective negotiation in multiplaintiff litigation. Compared with one-on-one negotiation, collective negotiation can change the distribution of per-plaintiff damages in a manner that influences the defendant's bargaining incentive. Informational...
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defendant's type during negotiations, and a trial assigns payoff depending on the evidence if they fail to reach an agreement …
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