contracting decreases the settlement rate and increases the volume and costs of litigation. These contingent contracts mimic the … services provided by third-party investors, including litigation funders and insurance companies. The two litigants (weakly … transaction-cost free. However, contracting with third parties further decreases the settlement rate, increases the volume and …

litigation and the role of insurance in ordinary tort and corporate governance litigation as reported in earlier research: (1 …) outside of the insolvency context, mass tort plaintiff lawyers do not build their litigation and settlement strategy around … plaintiff law firms rely on non-recourse litigation funding that resembles the earliest forms of commercial insurance – bottomry …

In this paper we derive optimal legal expenses insurance for litigants and payment method for lawyers when neither the …. First, to design an optimal insurance-payment system, demand-side cost-sharing is necessary. Second, supply-side cost … optimal insurance-payment system could be achieved under conditional fees and sliding fees. Reputation incentives and side …

that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … show how the law of insurance contracts should allow insurers to incentivize policyholders to exert an adequate level of …

transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …

We analyse a 2-period competitive insurance market which is characterized by the simultaneous presence of standard … which patient consumers use high effort and buy a profit-making insurance contract with high coverage, whereas impatient …

to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader … information on principles and potential of insurance, its main problems and possible solutions. Additionally, this paper provides …

We analyze the effect of counterparty risk on insurance contracts using the case of credit risk transfer in banking. In …

We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric …