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Allocation Rules and the Stability of Mass Tort Class Actions

This paper studies the effects of allocation rules on the stability of mass tort class actions. I analyze a two-stage model in which a defendant faces multiple plaintiffs with heterogeneous damage claims. In stage 1, the plaintiffs play a noncooperative coalition formation game. In stage 2, the class action and any individual actions by opt-out plaintiffs are litigated or settled. I examine how...

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ژورنال

عنوان ژورنال: Annals of Emergency Medicine

سال: 2016

ISSN: 0196-0644

DOI: 10.1016/j.annemergmed.2015.12.001