Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10002105698
Persistent link: https://www.econbiz.de/10012512380
Persistent link: https://www.econbiz.de/10001624882
Persistent link: https://www.econbiz.de/10010384348
Persistent link: https://www.econbiz.de/10012242069
Two standard results in the litigation literature are that an informed party will not make a costly voluntary disclosure in a screening game and that the uninformed party will not engage in costly discovery in the signaling game. Both of these results rely on the assumption that the party making...
Persistent link: https://www.econbiz.de/10012945025
We introduce fairness into three models of pretrial settlement and find that it increases the incidence of trial in each. This is true despite the fact that the fairness taste parameter is common knowledge. In the standard model, the party who makes the final offer can extract essentially all of...
Persistent link: https://www.econbiz.de/10014142621
We embed an ultimatum game in a stylized legal bargaining framework. This changes the framing of the standard ultimatum game in several ways, but also moves the bargaining closer to what is found in some naturally occurring settings. In this context, the ultimatum game is played over the joint...
Persistent link: https://www.econbiz.de/10014068542