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Contrary to traditional wisdom, judges are not passive receivers of their agendas. Instead, many judges attempt to shape their dockets by encouraging potential litigants to bring particular cases. This encouragement takes the form of judges signaling their own positions on an issue as well as...
Persistent link: https://www.econbiz.de/10014066112
This paper studies how litigation and settlement behavior is affected by agents motivated by spiteful preferences under the American and the English fee-shifting rule. We conduct an experiment and find that litigation expenditures and settlement requests are higher for more spiteful...
Persistent link: https://www.econbiz.de/10014260383
We develop a model of pretrial bargaining under asymmetric information where both the plaintiff and the defendant’s cost of proceeding to trial is an increasing function of the judgment at trial. This contrasts with the standard assumption that costs at trial are a constant. As a result of...
Persistent link: https://www.econbiz.de/10014165323
Should courts consider cases from other jurisdictions? The use of foreign law precedent has sparked considerable debate in the United States, and this question is also controversially discussed in Europe. In this paper and within the larger research project from which it has developed, we study...
Persistent link: https://www.econbiz.de/10014188530
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In tort litigation, delayed settlement or impasse imposes high costs on the parties and society. Litigation institutions might influence social welfare by affecting the likelihood of out-of-court settlement and the potential injurers' investment in product safety. An appropriate design of...
Persistent link: https://www.econbiz.de/10014139770
independence of the judiciary and demonstrated its utility in a large cross-section of countries. The indicator has been widely …
Persistent link: https://www.econbiz.de/10010417470
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protection clauses in their constitution. This constitutional protection, I argue, has not been effective. Using a comprehensive …
Persistent link: https://www.econbiz.de/10014167775