Publikation: On Being Asset-Constrained in Litigation Contests
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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
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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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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/s11127-010-9619-4BibTex
@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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<dcterms:abstract xml:lang="eng">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.</dcterms:abstract>
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