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Evidence Discloure and Verifiability Author info | Abstract | Publisher info | Download info | Related research | Statistics Jesse Bull
Joel Watson
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We explore the notion of "verifiability" by analyzing a simple model of evidence production in contractual relationships with complete information. We characterize implementability in terms of the existence and form of "hard evidence." We provide results on maximal and minimal evidence production that are, respectively, necessary and sufficient for implementation. We briefly discuss the relevance of our results to actual legal institutions.
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Paper provided by Department of Economics, UC San Diego in its series University of California at San Diego, Economics Working Paper Series with number
2000-16r.
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Date of creation: Sep 2002Date of revision:
Handle: RePEc:cdl:ucsdec:2000-16rContact details of provider: Postal: 9500 Gilman Drive, La Jolla, CA 92093-0508 Phone: (858) 534-3383 Fax: (858) 534-7040 Web page: http://repositories.cdlib.org/ucsdecon/ More information through EDIRC
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Eric Maskin & John Moore, 1999.
"Implementation and Renegotiation ,"
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"Adversarial and Inquisitorial Procedures in Arbitration ,"
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Daughety, Andrew F & Reinganum, Jennifer F, 2000.
"On the Economics of Trials: Adversarial Process, Evidence, and Equilibrium Bias ,"
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Jim Brennan & Joel Watson, 2002.
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University of California at San Diego, Economics Working Paper Series
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Bernardo, Antonio E & Talley, Eric & Welch, Ivo, 2000.
"A Theory of Legal Presumptions ,"
Journal of Law, Economics and Organization ,
Oxford University Press, vol. 16(1), pages 1-49, April.
Other versions: Jesse Bull & Joel Watson, 2002.
"Hard Evidence and Mechanism Design ,"
University of California at San Diego, Economics Working Paper Series
2002-16, Department of Economics, UC San Diego.
[Downloadable!]
Other versions:
Joel Watson & Jesse Bull, 2006.
"Hard Evidence and Mechanism Design ,"
University of California at San Diego, Economics Working Paper Series
2002-16R, Department of Economics, UC San Diego.
[Downloadable!] Joel Watson & Jesse Bull, 2004.
"Hard Evidence and Mechanism Design ,"
Econometric Society 2004 North American Winter Meetings
433, Econometric Society.
[Downloadable!] Bull, Jesse & Watson, Joel, 2007.
"Hard evidence and mechanism design ,"
Games and Economic Behavior ,
Elsevier, vol. 58(1), pages 75-93, January.
[Downloadable!] (restricted) Paul Milgrom & John Roberts, 1986.
"Relying on the Information of Interested Parties ,"
RAND Journal of Economics ,
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Other versions: Hart, Oliver D & Moore, John, 1988.
"Incomplete Contracts and Renegotiation ,"
Econometrica ,
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Other versions: Green, Jerry R & Laffont, Jean-Jacques, 1986.
"Partially Verifiable Information and Mechanism Design ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 53(3), pages 447-56, July.
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Legros, Patrick & Matthews, Steven A, 1993.
"Efficient and Nearly-Efficient Partnerships ,"
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Other versions: Bengt Holmstrom, 1982.
"Moral Hazard in Teams ,"
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Daniel L. Rubinfeld & David E.M. Sappington, 1987.
"Efficient Awards and Standards of Proof in Judicial Proceedings ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 18(2), pages 308-315, Summer.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Robson, Alexander R. W. & Skaperdas, Stergios, 2002.
"Costly Enforcement of Property Rights and the Coase Theorem ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo GmbH.
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Other versions:
Alex Robson & Stergios Skaperdas, 2005.
"Costly Enforcement of Property Rights and the Coase Theorem ,"
ANUCBE School of Economics Working Papers
2005-455, Australian National University, College of Business and Economics, School of Economics.
[Downloadable!] Alex Robson & Stergios Skaperdas, 2008.
"Costly enforcement of property rights and the Coase theorem ,"
Economic Theory ,
Springer, vol. 36(1), pages 109-128, July.
[Downloadable!] (restricted) Joel Watson, 2006.
"Contract and Mechanism Design in Settings with Multi-Period Trade ,"
University of California at San Diego, Economics Working Paper Series
2006-02, Department of Economics, UC San Diego.
[Downloadable!]
Jesse Bull, 2006.
"Costly Evidence Production and the Limits of Verifiability ,"
Working Papers
0611, Florida International University, Department of Economics.
[Downloadable!]
Evans, R., 2006.
"Mechanism Design with Renegotiation and Costly Messages ,"
Cambridge Working Papers in Economics
0626, Faculty of Economics, University of Cambridge.
[Downloadable!]
repec:att:wimass:1920123 is not listed on IDEAS
Joel Watson, 2006.
"Contract and Game Theory: Basic Concepts for Settings with Finite Horizons ,"
University of California at San Diego, Economics Working Paper Series
2006-01, Department of Economics, UC San Diego.
[Downloadable!]
Dominique Demougin & Claude Fluet, 2007.
"Rules of Proof, Courts, and Incentives ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo GmbH.
[Downloadable!]
Other versions: LAFFONT, Jean-Jacques, 2003.
"Incentives and the Search for Unknown Resources such as Water ,"
IDEI Working Papers
169, Institut d'Économie Industrielle (IDEI), Toulouse.
[Downloadable!]
Jim Brennan & Joel Watson, 2002.
"The Renegotiation-Proofness Principle and Costly Renegotiation ,"
University of California at San Diego, Economics Working Paper Series
2002-10, Department of Economics, UC San Diego.
[Downloadable!]
Jesse Bull, 2006.
"Costly Evidence and Systems of Fact Finding ,"
Working Papers
0612, Florida International University, Department of Economics.
[Downloadable!]
Joel Watson & Jesse Bull, 2006.
"Hard Evidence and Mechanism Design ,"
University of California at San Diego, Economics Working Paper Series
2002-16R, Department of Economics, UC San Diego.
[Downloadable!]
Other versions:
Jesse Bull & Joel Watson, 2002.
"Hard Evidence and Mechanism Design ,"
University of California at San Diego, Economics Working Paper Series
2002-16, Department of Economics, UC San Diego.
[Downloadable!] Joel Watson & Jesse Bull, 2004.
"Hard Evidence and Mechanism Design ,"
Econometric Society 2004 North American Winter Meetings
433, Econometric Society.
[Downloadable!] Bull, Jesse & Watson, Joel, 2007.
"Hard evidence and mechanism design ,"
Games and Economic Behavior ,
Elsevier, vol. 58(1), pages 75-93, January.
[Downloadable!] (restricted) Antoine Faure-Grimaud & Jean-Jacques Laffont & David Martimort, 2003.
"Risk Averse Supervisors and the Efficiency of Collusion ,"
Contributions to Theoretical Economics ,
Berkeley Electronic Press, vol. 2(1), pages 1055-1055.
[Downloadable!] (restricted)
Juan-Jose Ganuza & Fernando Gomez, 2007.
"Caution, Children Crossing: Heterogeneity of Victim's Cost of Care and the Negligence Rule ,"
Review of Law & Economics ,
Berkeley Electronic Press, vol. 1(3), pages 3.
[Downloadable!] (restricted)
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