Reconciling Asymmetric Information and Divergent Expectations Theories of Litigation
收藏NBER1998-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6409
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资源简介:
Both asymmetric information (AI) and divergent expectations (DE) theories offer possible explanations of the litigation puzzle. Under DE, cases proceed to trial when, by chance, the plaintiff is more optimistic than the defendant. As the fraction of cases tried (T) declines, this leads to a tendency
提供机构:
美国国家经济研究局
创建时间:
1998-02-01



