Models of Evidence: Survey and Assessment

61 Pages Posted: 7 Nov 2010 Last revised: 20 Jun 2011

Chris William Sanchirico

University of Pennsylvania Law School; University of Pennsylvania Wharton School - Business Economics and Public Policy Department

Date Written: November 5, 2010

Abstract

This survey identifies and reviews the main approaches to modeling legal evidence: pure probabilistic deduction, the omission model, endogenous cost signaling, and correlated private information. The central mechanic of each approach is described and applications are provided. Approaches are evaluated and compared. Attempts to combine approaches are also examined.

Keywords: Litigation, Evidence, Game Theory and Evidence, Information Economics and Evidence, Asymmetric Information and Evidence, Verifiability, Provability, Partial Provability, Signaling and Evidence, Endogenous Cost Signaling, Correlated Private Information, Correlated Types

JEL Classification: K40, K41

Suggested Citation

Sanchirico, Chris William, Models of Evidence: Survey and Assessment (November 5, 2010). University of Pennsylvania Institute for Law & Economics Research Paper No. 10-28. Available at SSRN: https://ssrn.com/abstract=1704009 or http://dx.doi.org/10.2139/ssrn.1704009

Chris William Sanchirico (Contact Author)

University of Pennsylvania Law School ( email )

3501 Sansom Street
Philadelphia, PA 19104
United States
215-898-4220 (Phone)

HOME PAGE: http://www.law.upenn.edu/faculty/csanchir/

University of Pennsylvania Wharton School - Business Economics and Public Policy Department

3641 Locust Walk
Philadelphia, PA 19104-6372
United States

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