Nine Points of the Law: Evidentiary Rules and the Costs of Litigation
Stockholm School of Economics; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
June 29, 2007
If the defendant in a lawsuit is better informed than the plaintiff about the value of damages that could potentially be assigned by the court, biasing the burden of proof toward the plaintiff may lower aggregate deadweight losses from litigation.
Number of Pages in PDF File: 10
Keywords: litigation, asymmetric information, burden of proof, contest
JEL Classification: C72, D72, D82, K41working papers series
Date posted: June 29, 2007
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo3 in 0.406 seconds