Showing 1 - 10 of 1,024
Persistent link: https://www.econbiz.de/10010194495
Persistent link: https://www.econbiz.de/10003641960
Persistent link: https://www.econbiz.de/10003427606
Persistent link: https://www.econbiz.de/10009689759
Persistent link: https://www.econbiz.de/10011525263
Persistent link: https://www.econbiz.de/10013207298
Persistent link: https://www.econbiz.de/10011943530
In litigation models, the parties' probability to succeed in a lawsuit hinge upon the merits of the parties' claims and their litigation efforts. In this paper we extend this framework to consider an important procedural aspect of the legal system: the standard of proof. We recast the...
Persistent link: https://www.econbiz.de/10012936143
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2013a), we develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and restricted from higher to lower...
Persistent link: https://www.econbiz.de/10010240317
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Provided that the contest is uniformly asymmetric, full revelation is the unique perfect Bayesian equilibrium outcome. This is so because the weakest type of the...
Persistent link: https://www.econbiz.de/10012420336