On Being Asset-Constrained in Litigation Contests

Friehe, Tim

On Being Asset-Constrained in Litigation Contests

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Datum

2010

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Public Choice. 2010, 147(3-4), pp. 277-284. ISSN 0048-5829. Available under: doi: 10.1007/s11127-010-9619-4

Zusammenfassung

This paper establishes that being asset-constrained may be advantageous for defendants in litigation contests. An active asset constraint of defendants (i) may increase (decrease) defendant (plaintiff) contest effort, (ii) may lower the sum of plaintiff and defendant contest effort, (iii) lowers expected defendant payment, and (iv) makes a symmetric contest asymmetric.

Fachgebiet (DDC)

330 Wirtschaft

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ISO 690

FRIEHE, Tim, 2010. On Being Asset-Constrained in Litigation Contests. In: Public Choice. 2010, 147(3-4), pp. 277-284. ISSN 0048-5829. Available under: doi: 10.1007/s11127-010-9619-4

BibTex

@article{Friehe2010Being-17784,
  year={2010},
  doi={10.1007/s11127-010-9619-4},
  title={On Being Asset-Constrained in Litigation Contests},
  number={3-4},
  volume={147},
  issn={0048-5829},
  journal={Public Choice},
  pages={277--284},
  author={Friehe, Tim}
}

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