On Being Asset-Constrained in Litigation Contests

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2010
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Public Choice ; 147 (2010), 3-4. - pp. 277-284. - ISSN 0048-5829
Abstract
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.
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330 Economics
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ISO 690FRIEHE, Tim, 2010. On Being Asset-Constrained in Litigation Contests. In: Public Choice. 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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