The Poker-Litigation Game

Resolved: Journal for Alternative Dispute Resolution, vol. 5, no. 1 (2015), pp. 144-164.

17 Pages Posted: 26 Dec 2012 Last revised: 26 Jan 2015

See all articles by F. E. Guerra-Pujol

F. E. Guerra-Pujol

University of Central Florida; Pontifical Catholic University of Puerto Rico

Date Written: January 25, 2015

Abstract

Is civil and criminal litigation a search for truth, like science or philosophy, or a game of skill and luck, like the game of poker? Although the process of litigation has been modeled as a Prisoner’s Dilemma, as a War of Attrition, as a Game of Chicken, and even as a simple coin toss, no one has formally modeled litigation as a game of poker. This paper is the first to do so. Specifically, we present a simple “poker-litigation game” and find the optimal strategy for playing this game.

Keywords: poker, poker-litigation game, best response, Nash equilibrium, incomplete information, low and high bets, mixed strategy, probabilistic strategy, strategic game, symmetry

JEL Classification: C72, C73, K41

Suggested Citation

Guerra-Pujol, F. E., The Poker-Litigation Game (January 25, 2015). Resolved: Journal for Alternative Dispute Resolution, vol. 5, no. 1 (2015), pp. 144-164.. Available at SSRN: https://ssrn.com/abstract=2193993 or http://dx.doi.org/10.2139/ssrn.2193993

F. E. Guerra-Pujol (Contact Author)

University of Central Florida ( email )

Orlando, FL 32816
United States

HOME PAGE: http://www.priorprobability.com

Pontifical Catholic University of Puerto Rico ( email )

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