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Because verdicts are typically the more costly resolution of legal disputes, most governments are interested in high settlement rates. In this paper, we use a unique dataset of 860 case records from a German trial court to explore which factors have a significant impact on the decision to settle...
Persistent link: https://www.econbiz.de/10011796181
We consider a model of bargaining by concessions where agents can terminate negotiations by accepting the settlement of …
Persistent link: https://www.econbiz.de/10005170253
determine whether and under which conditions it is efficient that the judiciary arbiters a labor conflict and how the judge …
Persistent link: https://www.econbiz.de/10005385243
Persistent link: https://www.econbiz.de/10005090868
Because verdicts are typically the more costly resolution of legal disputes, most governments are interested in high settlement rates. In this paper, we use a unique dataset of 860 case records from a German trial court to explore which factors have a significant impact on the decision to settle...
Persistent link: https://www.econbiz.de/10011810717
Because verdicts are typically the more costly resolution of legal disputes, most governments are interested in high settlement rates. In this paper, we use a unique dataset of 860 case records from a German trial court to explore which factors have a significant impact on the decision to settle...
Persistent link: https://www.econbiz.de/10010489252
We briefly review two basic models of settlement bargaining based on concepts from information economics and game …
Persistent link: https://www.econbiz.de/10014064139
been thought of as a substitute to pretrial bargaining and litigation, in fact, parties may be able to reach a settlement … bargaining. We develop a theoretical model of pre-arbitration bargaining that is able to identify the impact of the institutional … the composition of the panel of arbitrators allows us to illustrate its effect on bargaining. We show that the number of …
Persistent link: https://www.econbiz.de/10014157602
alternative to a court settlement. What determines whether the bargaining parties reach a bilateral settlement or they resort to … use of the courts? In this paper, the process of negotiation is represented as a bargaining model with asymmetric … empirically tested using the Stanford Child Custody Study. Estimation of the determinants of conflict indicate that the income of …
Persistent link: https://www.econbiz.de/10014086931
Models of bargaining under incomplete information usually focus on the revelation of information between the … negotiations to be kept secret? In such circumstances bargaining involves multiple issues: the original object of the bargain and … the agreement to keep a secret. A good example of this is pretrial settlement bargaining. We provide a simple incomplete …
Persistent link: https://www.econbiz.de/10014220159