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We analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the … results is the observation that high prices for spare parts entail a negative external effect inasmuch as liability …
Persistent link: https://www.econbiz.de/10011498651
This short piece responds to Matthew Cain & Steven Davidoff Solomon's Article, A Great Game: The Dynamics of State Competition and Litigation. We offer some observations on the influence of the paper, some reflections on competition for stockholder litigation, and some thoughts on the future of...
Persistent link: https://www.econbiz.de/10013027735
This paper introduces the concept of emotions into the standard litigation contest. Positive (negative) emotions emerge when litigants win (lose) at trial and are dependent in particular on the level of defendant fault. Our findings establish that standard results of litigation contests change...
Persistent link: https://www.econbiz.de/10009010054
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We consider antitrust enforcement within the adversarial model used by the United States. We show that, under the adversarial system, the Antitrust Authority may try to prohibit mergers also in those cases in which litigation is inefficient. Even if market concentration and technological...
Persistent link: https://www.econbiz.de/10010343946
This paper introduces the concept of emotions into the standard litigation contest. Positive (negative) emotions emerge when litigants win (lose) at trial and are dependent in particular on the level of defendant fault. Our findings establish that standard results of litigation contests change...
Persistent link: https://www.econbiz.de/10013129864
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