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A Note on Optimal Public Enforcement with Settlements and Litigation Costs

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NBER1986-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2114
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This note reexamines the theory of optimal public enforcement when litigation costs are incurred if the defendant is prosecuted at trial, and when an out-of-court settlement is possible. Using a numerical example, it is shown that settlements and litigation costs can substantially alter the optimal
创建时间:
1986-12-01
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