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Likelihood Ratio Tests and Legal Decision Rules

Forthcoming; American Law and Economics Review

28 Pages Posted: 25 Jun 2013  

Louis Kaplow

Harvard Law School; National Bureau of Economic Research (NBER)

Date Written: June 24, 2013

Abstract

Various legal decision-making criteria can be formulated as likelihood ratio tests, wherein liability, prohibition, or other outcomes are associated with evidence strength exceeding a posited threshold. Stating rules in this manner clarifies their nature, facilitates the comparison of conventional and optimal rules as well as the identification of differences between rules across contexts, and provides further illumination in instances in which a decision standard is not truly a likelihood ratio test.

JEL Classification: D81, K14, K41, K42

Suggested Citation

Kaplow, Louis, Likelihood Ratio Tests and Legal Decision Rules (June 24, 2013). Forthcoming; American Law and Economics Review. Available at SSRN: https://ssrn.com/abstract=2284035 or http://dx.doi.org/10.2139/ssrn.2284035

Louis Kaplow (Contact Author)

Harvard Law School ( email )

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Cambridge, MA 02138
United States
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HOME PAGE: http://www.law.harvard.edu/faculty/directory/facdir.php?id=32&show=bibliography

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
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