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- W2277933416 abstract "The paper addresses the issue of the impact of asymmetric information on risk aversion of litigant parties in a model a la Bebchuk. First we study the case where the plaintiff is the informed party, and characterize the equilibrium with and without a pretrial negotiation round. Then, we focus on the comparative statistics of the model and analyze the role of the choice of a cost allocation rule. Finally, we discuss several extensions: the case where the defendant is the informed party, the influence of the assumption on the representation of preferences, and the role of self-serving bias." @default.
- W2277933416 created "2016-06-24" @default.
- W2277933416 creator A5033738702 @default.
- W2277933416 date "2006-11-06" @default.
- W2277933416 modified "2023-09-30" @default.
- W2277933416 title "Compensation of Damages and Frequency of Trials with Asymmetric Information on Preferences of Litigant Parties (Indemnisation Des Prejudices Et Frequence Des Proces En Presence D'Une Asymetrie D'Information Sur L'Aversion Au Risque Des Parties)" @default.
- W2277933416 hasPublicationYear "2006" @default.
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