Deffains, Bruno; Demougi, Dominique - Bureau d'Économie Théorique et Appliquée (BETA), … - 2006
In an environment where the optimal level of care is unknown, we ask under a state of the art defense which method is better able to induce parties to undertake optimal care. Assuming courts can see a noisy signal of research activities undertaken by a defendant and some of its competitors, we...