Title
Litigation decision
Author
Faculty/Department
Faculty of Law
Publication type
bookPart
Publication
New York, N.Y. :Springer, [*]
Subject
Law
Source (book)
Encyclopedia of law and economics / Backhaus, Jürgen [edit.]
ISBN - Hoofdstuk
978-1-4614-7752-5
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
This entry provides an overview of the main economic models of settlement and litigation decisions. Starting from the basic models, as developed by Landes (J Law Econ 14:61108, 1971), Posner (J Leg Stud (00472530) 2:399, 1973), and Gould (J Leg Stud, 279300, 1973), we describe the evolution in literature toward the application of bargaining theory. Scholars, recognizing the existence of private information and strategic behavior, increasingly modeled the process of settlement negotiations.
E-info
https://repository.uantwerpen.be/docman/iruaauth/1bd040/81f10063.pdf
Handle