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The Welfare Implications of Costly Litigation for the Level of Liability

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Author Info

  • Polinsky, A Mitchell
  • Rubinfeld, Daniel L

Abstract

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Bibliographic Info

Article provided by University of Chicago Press in its journal Journal of Legal Studies.

Volume (Year): 17 (1988)
Issue (Month): 1 (January)
Pages: 151-64

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Handle: RePEc:ucp:jlstud:v:17:y:1988:i:1:p:151-64

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Web page: http://www.journals.uchicago.edu/JLS/

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Citations

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Cited by:
  1. Maxim Nikitin & Claudia M. Landeo, 2004. "Split-Award Tort Reform, Firm's Level of Care and Litigation Outcomes," Econometric Society 2004 Latin American Meetings 4, Econometric Society.
  2. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
  3. Liu, Zhiyong & Avraham, Ronen, 2012. "Ex ante versus ex post expectation damages," International Review of Law and Economics, Elsevier, vol. 32(4), pages 339-355.
  4. A. Mitchell Polinsky & Steven Shavell, 2012. "Costly Litigation and Optimal Damages," NBER Working Papers 18594, National Bureau of Economic Research, Inc.
  5. Bartsch, Elga, 1995. "Environmental liability, imperfect information and multidimensional pollution control," Kiel Working Papers 690, Kiel Institute for the World Economy.
  6. Chris Sanchirico & George Triantis, . "Evidence Arbitrage: The Fabrication of Evidence and the Verifiability of Contract Performance," Scholarship at Penn Law upenn_wps-1005, University of Pennsylvania Law School.
  7. Beckner, Clinton III & Katz, Avery, 1995. "The incentive effects of litigation fee shifting when legal standards are uncertain," International Review of Law and Economics, Elsevier, vol. 15(2), pages 205-224, June.
  8. Florian Baumann & Tim Friehe, 2012. "Optimal Damages Multipliers in Oligopolistic Markets," Working Paper Series of the Department of Economics, University of Konstanz 2012-08, Department of Economics, University of Konstanz.
  9. Friehe, Tim, 2009. "Screening accident victims," International Review of Law and Economics, Elsevier, vol. 29(3), pages 272-280, September.
  10. Shavell, Steven, 1999. "The level of litigation: private versus social optimality of suit and of settlement," International Review of Law and Economics, Elsevier, vol. 19(1), pages 99-115, March.
  11. Miceli, Thomas J. & Segerson, Kathleen, 2003. "A note on optimal care by wealth-constrained injurers," International Review of Law and Economics, Elsevier, vol. 23(3), pages 273-284, September.
  12. Schwab, Christian & Tang, Hin-Yue Benny, 2011. "Die Steuerungswirkungen unterschiedlicher Prozesskostenregelungen: Ein Überblick zum Stand von Theorie und Empirie
    [The economic effects of alternative fee shifting rules: A review of the theoreti
    ," MPRA Paper 32746, University Library of Munich, Germany.
  13. A. Mitchell Polinsky & Steven Shavell, 2012. "Costly Litigation and Optimal Damages," Discussion Papers 12-005, Stanford Institute for Economic Policy Research.
  14. Innes, Robert, 2004. "Enforcement costs, optimal sanctions, and the choice between ex-post liability and ex-ante regulation," International Review of Law and Economics, Elsevier, vol. 24(1), pages 29-48, March.
  15. Peter Van Wijck & Ben Van Velthoven, 2000. "An Economic Analysis of the American and the Continental Rule for Allocating Legal Costs," European Journal of Law and Economics, Springer, vol. 9(2), pages 115-125, March.
  16. Clements, Matthew T., 2003. "Precautionary incentives for privately informed victims," International Review of Law and Economics, Elsevier, vol. 23(3), pages 237-251, September.
  17. Oren Bar-Gill & Lucian A. Bebchuk, 2007. "Consent and Exchange," NBER Working Papers 13267, National Bureau of Economic Research, Inc.
  18. Polinsky, A. Mitchell & Shavell, Steven, 2014. "Costly litigation and optimal damages," International Review of Law and Economics, Elsevier, vol. 37(C), pages 86-89.

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