61 Pages Posted: 7 Nov 2010 Last revised: 20 Jun 2011
Date Written: November 5, 2010
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: 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