licensing negotiations between a patent holder and a downstream firm in the shadow of litigation. More specifically, we consider … litigation, but the patent holder may be under-compensated due to aspects of the patent remedy system other than injunctions. We …

licensing negotiations between a patent holder and a downstream firm in the shadow of litigation. More specifically, we consider … litigation, but the patent holder may be under-compensated due to aspects of the patent remedy system other than injunctions. We …

Legal Cost Insurance (LCI) is not only a device to reallocate risk, but also to enhance an insured's position in a … settlement negotiation. The paper points out that this function of LCI is especially important in cases that have a negative …

The papers show that Legal Cost Insurance (LCI) is a device to enhance potential litigants' bargaining position rather … than to re-allocate risk. Being insured decreases the cost an insured party has to bear if settlement negotiations fail and … value suits, LCI can make the threat to sue credible and motivate potential defendants to make positive settlement offers …

The paper shows that Legal Cost Insurance (LCI) is a device to enhance potential litigants? bargaining position rather … than to re-allocate risk. Being insured decreases the cost an insured party has to bear if settlement negotiations fail and … value suits, LCI can make the threat to sue credible and motivate potential defendants to make positive settlement offers …

Legal Cost Insurance (LCI) is not only a device to reallocate risk, but also to enhance an insured's position in a … settlement negotiation. The paper points out that this function of LCI is especially important in cases that have a negative …

The papers show that Legal Cost Insurance (LCI) is a device to enhance potential litigants' bargaining position rather … than to re-allocate risk. Being insured decreases the cost an insured party has to bear if settlement negotiations fail and … value suits, LCI can make the threat to sue credible and motivate potential defendants to make positive settlement offers …

The paper shows that Legal Cost Insurance (LCI) is a device to enhance potential litigants? bargaining position rather … than to re-allocate risk. Being insured decreases the cost an insured party has to bear if settlement negotiations fail and … value suits, LCI can make the threat to sue credible and motivate potential defendants to make positive settlement offers …

This paper studies the combined effects of legal fees and legal expenses insurance. We use a litigation model to … compare litigants' settlement decisions under a before-the-event insurance plus an hourly fee contract (BTE) and an after … trials, and welfare. We also investigate risk aversion, insurance recoverability and the timing of settlement in extensions …