کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5085817 1478078 2010 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Tort law and probabilistic litigation: How to apply multipliers to address the problem of negative value suits
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Tort law and probabilistic litigation: How to apply multipliers to address the problem of negative value suits
چکیده انگلیسی

This article advances a proposal that increases access to justice for valuable lawsuits that are currently discouraged by litigation costs. Our proposal converts claims with negative expected values into positive expected value claims by implementing a novel system involving flexible conditional multipliers. Our proposal has two components. First, under the proposed system a plaintiff is allowed to select a damage multiplier that determines the amount of damages the plaintiff receives if the litigation is successful. Second, courts select cases for litigation randomly with a probability inverse to the multiplier selected by the plaintiff.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Law and Economics - Volume 30, Issue 3, September 2010, Pages 236-243
نویسندگان
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