{"title":"序贯诉讼中的审判激励","authors":"D. Bernhardt, F. Lee","doi":"10.1093/ALER/AHU012","DOIUrl":null,"url":null,"abstract":"We analyze when and why trials can emerge in equilibrium when a defendant may face future plaintiffs. An initial trial serves as an experiment that the defendant can run to induce subsequent potential plaintiffs to learn about their chances of winning. The initial case may go to trial when a favorable trial outcome for the defense can deter potential future plaintiffs from filing lawsuits. Possible future meritless lawsuits further raise the attraction of an initial trial. We also derive the impact of the plaintiff's bargaining power and the heterogeneity in the body of future plaintiffs.","PeriodicalId":46133,"journal":{"name":"American Law and Economics Review","volume":"170 1","pages":"214-244"},"PeriodicalIF":1.0000,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/ALER/AHU012","citationCount":"4","resultStr":"{\"title\":\"Trial incentives in sequential litigation\",\"authors\":\"D. Bernhardt, F. Lee\",\"doi\":\"10.1093/ALER/AHU012\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We analyze when and why trials can emerge in equilibrium when a defendant may face future plaintiffs. An initial trial serves as an experiment that the defendant can run to induce subsequent potential plaintiffs to learn about their chances of winning. The initial case may go to trial when a favorable trial outcome for the defense can deter potential future plaintiffs from filing lawsuits. Possible future meritless lawsuits further raise the attraction of an initial trial. We also derive the impact of the plaintiff's bargaining power and the heterogeneity in the body of future plaintiffs.\",\"PeriodicalId\":46133,\"journal\":{\"name\":\"American Law and Economics Review\",\"volume\":\"170 1\",\"pages\":\"214-244\"},\"PeriodicalIF\":1.0000,\"publicationDate\":\"2015-03-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1093/ALER/AHU012\",\"citationCount\":\"4\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"American Law and Economics Review\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1093/ALER/AHU012\",\"RegionNum\":3,\"RegionCategory\":\"社会学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"American Law and Economics Review","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1093/ALER/AHU012","RegionNum":3,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
We analyze when and why trials can emerge in equilibrium when a defendant may face future plaintiffs. An initial trial serves as an experiment that the defendant can run to induce subsequent potential plaintiffs to learn about their chances of winning. The initial case may go to trial when a favorable trial outcome for the defense can deter potential future plaintiffs from filing lawsuits. Possible future meritless lawsuits further raise the attraction of an initial trial. We also derive the impact of the plaintiff's bargaining power and the heterogeneity in the body of future plaintiffs.
期刊介绍:
The rise of the field of law and economics has been extremely rapid over the last 25 years. Among important developments of the 1990s has been the founding of the American Law and Economics Association. The creation and rapid expansion of the ALEA and the creation of parallel associations in Europe, Latin America, and Canada attest to the growing acceptance of the economic perspective on law by judges, practitioners, and policy-makers.