asymmetric information can use a simple add-on to the settlement offer in order to overcome the information barriers to … settlement proposal is rejected and a trial takes place) in exchange for a payment from the other party. We refer to this class …

In this paper we derive optimal legal expenses insurance for litigants and payment method for lawyers when neither the …. First, to design an optimal insurance-payment system, demand-side cost-sharing is necessary. Second, supply-side cost … optimal insurance-payment system could be achieved under conditional fees and sliding fees. Reputation incentives and side …

litigation and the role of insurance in ordinary tort and corporate governance litigation as reported in earlier research: (1 …) outside of the insolvency context, mass tort plaintiff lawyers do not build their litigation and settlement strategy around … plaintiff law firms rely on non-recourse litigation funding that resembles the earliest forms of commercial insurance – bottomry …

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 insurer … litigation insurance on the behavior of patent enforcers and accused infringers. We show that the availability of defensive …

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 …

that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … show how the law of insurance contracts should allow insurers to incentivize policyholders to exert an adequate level of …

transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …

. Simulations of the model, calibrated on U.S. patent and litigation data, indicate that patenting is socially excessive and the …

We discuss the existence of a pooling equilibrium in a two-period model <p> of an insurance market with asymmetric …