A Note on Presumptions with Sequential Litigation
نویسندگان
چکیده
منابع مشابه
A Note on Presumptions with Sequential Litigation
This note extends the Bernardo, Talley & Welch (1999) model of presumptions to study situations where litigation efforts are spent sequentially rather than simultaneously. The equilibria of the litigation stage are presented as functions of b. Two characteristics distinguish this case from the simultaneous one. First, sequentiality allows the principal to pre-commit to a litigation strategy, an...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 1999
ISSN: 1556-5068
DOI: 10.2139/ssrn.167568