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Optimal design of private litigation
Kaplow, Louis - 2017
This article translates and extends Becker (1968) from public law enforcement to private litigation by examining optimal legal system design in a model with private suits, signals of case strength, court error, and two types of primary behavior: harmful acts that may be deterred and benign acts...
Persistent link: https://www.econbiz.de/10011772058
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Reputations, relationships and the enforcement of incomplete contracts
MacLeod, William Bentley (contributor) - 2006
increasing the quality of law. -- contract ; law and economics ; reputation ; repeated games ; incomplete contracts …
Persistent link: https://www.econbiz.de/10003278957
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Reputation and credit market formation : how relational incentives and legal contract enforcement interact
Fehr, Ernst; Zehnder, Christian - 2009
absence of legal enforcement and reputation formation opportunities the credit market breaks down almost completely while if … reputation formation is possible a stable credit market emerges even in the absence of legal enforcement of debt repayment … markets ; relationship lending ; reputation formation ; legal enforcement …
Persistent link: https://www.econbiz.de/10003884085
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A note on optimal public enforcement with settlements and litigation costs
Polinsky, Alan Mitchell; Rubinfeld, Daniel L. - 1986
Persistent link: https://www.econbiz.de/10000716194
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Fighting hard core cartels
Hüschelrath, Kai; Weigand, Jürgen - 2010
The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Differentiating between four subsequent stages – characterisation, welfare effects, enforcement and evaluation – the paper pays particular attention to cartel detection methods, the...
Persistent link: https://www.econbiz.de/10008701356
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Learning by litigating : an application to antitrust commitments
Cosnita-Langlais, Andreea; Tropeano, Jean-Philippe - 2021
Persistent link: https://www.econbiz.de/10012793740
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Contract enforcement, litigation, and economic development
Massenot, Baptiste - 2010
Persistent link: https://www.econbiz.de/10009012348
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Assuring adequate deterrence in tort : a public good experiment
Eisenberg, Theodore; Engel, Christoph - 2012
To explore damage rules’ deterrent effect, we use a public good experiment to tailor allowable punishment to rules used in actual civil litigation. The experimental treatments are analogous to: (1) damages limited to harm to an individual litigant, (2) damages limited to harm to a group...
Persistent link: https://www.econbiz.de/10009521585
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Stigmatization, liability and public enforcement of law
Buchen, Clemens; Deffains, Bruno; Palermo, Alberto - 2018
In the theory of public enforcement of law the choice of the liability rules is between strict liability and fault …
Persistent link: https://www.econbiz.de/10011924592