We analyze the extent to which private defensive litigation insurance deters patent assertion by non …-practicing entities (NPEs). We study the effect that a patent-specific defensive insurance product, offered by a leading litigation … defensive litigation insurance on the behavior of patent enforcers and accused infringers. We show that the availability of …

We analyze the extent to which private defensive litigation insurance deters patent assertion by non …-practicing entities (NPEs). We study the effect that a patent-specific defensive insurance product, offered by a leading litigation … defensive litigation insurance on the behavior of patent enforcers and accused infringers. We show that the availability of …

contracting decreases the settlement rate and increases the volume and costs of litigation. These contingent contracts mimic the … services provided by third-party investors, including litigation funders and insurance companies. The two litigants (weakly … transaction-cost free. However, contracting with third parties further decreases the settlement rate, increases the volume and …

% of all patent litigation cases in Germany between 2000 and 2008 we estimate the likelihood of within-trial settlement. We …This paper looks at the decision to settle patent litigation in Germany from a new angle by focusing on detailed data … find that the within-trial settlement decision is to some degree driven by the proceedings that change the pre …

% of all patent litigation cases in Germany between 2000 and 2008 we estimate the likelihood of within-trial settlement. We …This paper looks at the decision to settle patent litigation in Germany from a new angle by focusing on detailed data … find that the within-trial settlement decision is to some degree driven by the proceedings that change the pre …

develop a model of patentlitigation which predicts faster settlement agreements when patent rights are fragmented andwhen …, we analyze how fragmentation affects total settlement delay, taking intoaccount both reduction in duration per dispute …

. We develop a model of patent litigation which predicts faster settlement agreements when patent rights are fragmented and … predicts that the impact of fragmentation on settlement duration should be smaller under CAFC. We confirm these predictions …-2000. Finally, we analyze how fragmentation affects total settlement delay, taking into account both reduction in duration per …

. We develop a model of patent litigation which predicts faster settlement agreements when patent rights are fragmented and … predicts that the impact of fragmentation on settlement duration should be smaller under CAFC. We confirm these predictions …-2000. Finally, we analyze how fragmentation affects total settlement delay, taking into account both reduction in duration per …

We model the settlement of a legal dispute where the trial outcome depends on the behavior of a strategically motivated … higher settlement rate. However, the terms of the settlement heavily favor the informed plaintiff, and consequently induce …