Compensation for Damages and the Frequency of Litigation in the Context of Information Asymmetry on Risk Aversion between Parties (notice n° 546736)
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| fixed length control field | 01386cam a2200193 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121114317.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Langlais, Éric |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Compensation for Damages and the Frequency of Litigation in the Context of Information Asymmetry on Risk Aversion between Parties |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2008.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 31 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This paper examines the effect of information asymmetry on risk aversion between opposing parties in litigation, within a Bebchuck-type model. We will firstly analyze the case where the plaintiff is the informed party, by specifying the equilibrium with or without negotiation prior to the legal proceedings. We will then examine the model’s comparative statics, as well as the effect of the type of rule in place for paying out legal expenses. Lastly, we will discuss several extensions: the case in which the defendant is the informed party, the influence of the representation of litigants’ preferences, and the presence of comparative optimism bias or self-serving bias. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | litigations |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | asymmetric information |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | bias in risk perception |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Recherches économiques de Louvain | 74 | 2 | 2008-06-02 | p. 191-218 | 0770-4518 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-recherches-economiques-de-louvain-2008-2-page-191?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-recherches-economiques-de-louvain-2008-2-page-191?lang=en&redirect-ssocas=7080</a> |
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