A note on the timing of investments in litigation contests

Baumann, Florian; Friehe, Tim

A note on the timing of investments in litigation contests

Files

There are no files associated with this item.

Date

2013

Authors

Baumann, Florian

Friehe, Tim

DOI (citable link)

10.1007/s10657-010-9181-z

Collections

Wirtschaftswissenschaften

Publication type

Journal article

Publication status

Published

Published in

European Journal of Law and Economics ; 35 (2013), 3. - pp. 313-326. - ISSN 0929-1261. - eISSN 1572-9990

Abstract

Allowing the plaintiff and defendant to choose the order in which they invest effort into trial, we show that the timing of litigation efforts is critically dependent on the level of defendant fault. For a high (low) level of defendant fault, the plaintiff invests after (before) the defendant’s investment choice. The equilibrium order of litigation efforts in turn is decisive for (a) the level of total litigation effort, (b) justice achieved by the litigation contest, and (c) plaintiffs’ incentives to bring suit. As a result, the endogenous timing bears vital implications for policy makers.

Subject (DDC)

330 Economics

Cite This

ISO 690

BAUMANN, Florian, Tim FRIEHE, 2013. A note on the timing of investments in litigation contests. In: European Journal of Law and Economics. 35(3), pp. 313-326. ISSN 0929-1261. eISSN 1572-9990. Available under: doi: 10.1007/s10657-010-9181-z

BibTex

@article{Baumann2013-06timin-41962,
  year={2013},
  doi={10.1007/s10657-010-9181-z},
  title={A note on the timing of investments in litigation contests},
  number={3},
  volume={35},
  issn={0929-1261},
  journal={European Journal of Law and Economics},
  pages={313--326},
  author={Baumann, Florian and Friehe, Tim}
}

RDF

<rdf:RDF
    xmlns:dcterms="http://purl.org/dc/terms/"
    xmlns:dc="http://purl.org/dc/elements/1.1/"
    xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#"
    xmlns:bibo="http://purl.org/ontology/bibo/"
    xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#"
    xmlns:foaf="http://xmlns.com/foaf/0.1/"
    xmlns:void="http://rdfs.org/ns/void#"
    xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > 
  <rdf:Description rdf:about="https://kops.uni-konstanz.de/server/rdf/resource/123456789/41962">
    <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/server/rdf/resource/123456789/46"/>
    <foaf:homepage rdf:resource="http://localhost:8080/"/>
    <dc:creator>Baumann, Florian</dc:creator>
    <bibo:uri rdf:resource="https://kops.uni-konstanz.de/handle/123456789/41962"/>
    <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/>
    <dc:creator>Friehe, Tim</dc:creator>
    <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/server/rdf/resource/123456789/46"/>
    <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2018-04-06T11:19:42Z</dcterms:available>
    <dc:language>eng</dc:language>
    <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2018-04-06T11:19:42Z</dc:date>
    <dc:contributor>Baumann, Florian</dc:contributor>
    <dcterms:abstract xml:lang="eng">Allowing the plaintiff and defendant to choose the order in which they invest effort into trial, we show that the timing of litigation efforts is critically dependent on the level of defendant fault. For a high (low) level of defendant fault, the plaintiff invests after (before) the defendant’s investment choice. The equilibrium order of litigation efforts in turn is decisive for (a) the level of total litigation effort, (b) justice achieved by the litigation contest, and (c) plaintiffs’ incentives to bring suit. As a result, the endogenous timing bears vital implications for policy makers.</dcterms:abstract>
    <dc:contributor>Friehe, Tim</dc:contributor>
    <dcterms:issued>2013-06</dcterms:issued>
    <dcterms:title>A note on the timing of investments in litigation contests</dcterms:title>
  </rdf:Description>
</rdf:RDF>

Bibliography of Konstanz

No