Chance and Litigation
16 Pages Posted: 30 Sep 2011 Last revised: 10 Sep 2014
Date Written: September 28, 2011
Is the litigation game as random as a coin toss? In this paper, the author presents the results of his preliminary research regarding the randomness of litigation. Specifically, the author formulates and then tests his “random litigation hypothesis” -- the conjecture that the litigation game is a random process with just two possible outcomes, like a coin toss, and that the litigants to a dispute are essentially playing a game of chance when they submit their dispute to a court for resolution.
Keywords: chance, randomness, coin toss, litigation game, random litigation hypothesis, relative frequency
JEL Classification: C81, C83, K41
Suggested Citation: Suggested Citation