Daughety and reinganum
Webety and Reinganum show that confidentiality is more valuable to a defendant who (privately) knows there is a second potential plaintiff, and thus it facilitates the screening of defendant types. They find that: (1) the early plaintiff prefers confidentiality; (2) the later plaintiff never prefers WebOur results regarding the influence of product liability on the level of safety contrast with findings from a standard setup in which fully informed consumers incur the same level of harm; in such cases, shifting losses to firms is inconsequential for the level of product safety (e.g., Daughety and Reinganum, 2013).
Daughety and reinganum
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Weband Reinganum (2016) assume that a prosecutor’s career concerns come from multiple sources: he benefits from obtaining longer expected sentences, but also endures … WebThe Reinganum family name was found in the USA, and the UK between 1880 and 1920. The most Reinganum families were found in USA in 1880. In 1880 there were 7 …
WebApr 28, 2024 · There is now a considerable body of game-theoretical literature that discusses asymmetric information in litigation and it is important to highlight some of the common assumptions that underlie these models (for example, Daughety and Reinganum 2014a, pp. 84–86; Bone 1997, pp. 567–571; Lavie and Tabbach 2024, pp. 6–10). First, … WebFollowing Bebchuck (1984) and Reinganum and Wilde (1986), we assume that the renegotiation game is an ultimatum game. For conciseness, we consider only the case where the party that makes the take-it-or-leave- it offer is the banker. ... his expected payoff is π ["H + (1 – ")L]+(1 – π )ξ L because a type H borrower accepts 5 See Daughety ...
WebAndrew F. Daughety∗ and Jennifer F. Reinganum∗ We model the dynamic process wherein two privately informed plaintiffs may file and combine related lawsuits in order to lower trial costs and/or improve the likelihood of winning. The equilibrium resembles a “bandwagon”: some plaintiff types file early, whereas others wait and WebDaughety and Reinganum (1999, 2002) also consider a sequence of settlement bargaining games, but model bargaining as being over both money a nd the choice of confidentiality …
WebAndrew F. Daughety Jennifer F. Reinganum ABSTRACT We explore how the incentives of a plaintiff and her attorney, when considering filing suit and bargaining over settlement, can di ffer between those suits associated with stand-alone torts cases and those suits involving mass torts. We contrast “individual-based liability determination” (IBLD),
WebBy Andrew F. Daughety and Jennifer F. Reinganum* We model privacy as an agent’s choice of action being unobservable to others. An agent derives utility from his action, … bishops circularWebDaughety and Reinganum (2002) point to the t~1ct that secret settlements plaintiffs to learn about the likely success of future actions. They note that current plaintiffs· may be able' to extra rents from defendants if they are willing to reach such agreements. Furthermore, secret settlements may reduce over antitrust deterrence. If this means dark side of cupidWebDAUGHETY AND Reinganum [2008] study price signaling and disclosure as two alternative ways of informing consumers about product safety. Most of the existing literature focuses … dark side of day out with thomasWebCumulative Harm and Resilient Liability Rules for Product Markets (with A. Daughety). Journal of Law, Economics, and Organization, Vol. 30, No. 2, May 2014, pp. 83-108. … bishops circleWebAug 21, 2024 · Daughety and Reinganum ( 2014) confirm this in the case of TPLF where the third party provides the plaintiff with funds to cover his day-to-day expenses. The authors have produced a signal model where the plaintiff has private information on the real value of his case that determines its type. bishops cincinnatiWeband Roberts [1986] and also Daughety and Reinganum [1995, 2005], the quality and costs of the product or service resulting from the investment is random and unobservable to buyers. However, unlike these models of monopoly, we consider entry so that sellers who enter the market find themselves in the second stage in competition with others. bishops cinctureWebReinganum (2016) assume that a prosecutor benefits from longer expected sentences, but endures informal sanctions (such as loss of an election) from members of the community … dark side of football bill belichick