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We study the determinants of tort costs using a novel establishment-cohort level dataset of commercial tort costs. We find that state rankings of perceptions of the fairness of the tort system produced for the Harris State Liability Systems Ranking Study conducted on behalf of the U.S. Chamber...
Persistent link: https://www.econbiz.de/10013100124
Cryptocurrencies have entered the economy as alternative money, as speculation objects, and as utility tokens for innovative service-platforms. Predictions are numerous. While some predict that their value will skyrocket, others predict their collapse. Some predict them to completely transform...
Persistent link: https://www.econbiz.de/10012907787
This article discusses the meaning of jury “predictability” and whether jury research supports claims of unpredictability. It then analyzes the factors that are associated with perceptions of civil jury unpredictability using data from (1) surveys of corporate and insurance attorneys’...
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Apart from the loss of time and money, disputes between public authority and private partner in China’s public-private partnership (PPP) projects are destroying the government’s image of PPP support and the private partner’s investment confidence. This article aims to explore the main...
Persistent link: https://www.econbiz.de/10012506072
Professor Colleen Chien recently developed an innovative and important model that relies on a patent's "after-acquired" characteristics to predict the chances that the patent will be involved in litigation. This comment critiques Professor Chien's model by identifying certain weaknesses,...
Persistent link: https://www.econbiz.de/10014173977
The patent system - and information about the patent system - is becoming more available and more digitalized. One area of interest involves using newly available information to predict patent litigation - to identify patents that will in the future be litigated. If patents that will be...
Persistent link: https://www.econbiz.de/10014174311
Economic theory asserts that, in general, the only cases going to trial should be cases with unpredictable outcomes … cases before trial. I test this theory using a dataset of decisions from the U.S. Courts of Appeals over a six-year period …
Persistent link: https://www.econbiz.de/10014176763