Nine Points of the Law: Evidentiary Rules and the Costs of Litigation

Warneryd, Karl

doi:10.2139/ssrn.997183

Abstract

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Nine Points of the Law: Evidentiary Rules and the Costs of Litigation

Karl Warneryd

Stockholm School of Economics; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

June 29, 2007

Abstract:
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, K41

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Date posted: June 29, 2007

Suggested Citation

Warneryd, Karl, Nine Points of the Law: Evidentiary Rules and the Costs of Litigation (June 29, 2007). Available at SSRN: http://ssrn.com/abstract=997183 or http://dx.doi.org/10.2139/ssrn.997183

Contact Information

Karl Warneryd (Contact Author) Stockholm School of Economics ( email ) P.O. Box 6501 S-113 83 Stockholm Sweden +46 8 736 9206 (Phone) +46 8 347 818 (Fax)
CESifo (Center for Economic Studies and Ifo Institute for Economic Research) Poschinger Str. 5 Munich, DE-81679 Germany

Abstract

References (13)

Nine Points of the Law: Evidentiary Rules and the Costs of Litigation

Karl Warneryd

Date posted: June 29, 2007

Suggested Citation

Contact Information

Karl Warneryd (Contact Author)