منابع مشابه
The Social versus Private Incentive to Sue
The private value of lawsuits is based on plaintiffs’ expected recovery at trial compared to their filing costs, whereas the social value consists of the incentives suits create for injurers to invest in accident avoidance. Generally, there is no relationship between these two values: there may be either too many or too few suits from a social perspective. Thus, there is scope for corrective me...
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The early literature on litigation and settlement assumed that a plaintiff’s threat to litigate is credible only when her litigation value—the difference between the expected judgment and her litigation costs—is positive. More recently, however, Bebchuk (1996) has suggested that even if the plaintiff’s litigation value is negative, divisibility of her litigation costs may render credibility to ...
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ژورنال
عنوان ژورنال: Nature
سال: 1989
ISSN: 0028-0836,1476-4687
DOI: 10.1038/340416a0