Overconfdence and Judicial Discretion: Do Winner-take-all Rules Discourage Pre-trial Agreement?
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Crawford, Vincent P, 1979. "On Compulsory-Arbitration Schemes," Journal of Political Economy, University of Chicago Press, vol. 87(1), pages 131-159, February.
- Muhamet Yildiz, 2003. "Bargaining without a Common Prior-An Immediate Agreement Theorem," Econometrica, Econometric Society, vol. 71(3), pages 793-811, May.
- Linda Babcock & George Loewenstein, 1997. "Explaining Bargaining Impasse: The Role of Self-Serving Biases," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 109-126, Winter.
- Ausubel, Lawrence M. & Cramton, Peter & Deneckere, Raymond J., 2002.
"Bargaining with incomplete information,"
Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 3, chapter 50, pages 1897-1945,
Elsevier.
- Lawrence M. Ausubel & Peter Cramton & Raymond J. Deneckere, 2002. "Bargaining with Incomplete Information," Papers of Peter Cramton 02barg, University of Maryland, Department of Economics - Peter Cramton, revised 12 Mar 2001.
- Farber, Henry S & Bazerman, Max H, 1986. "The General Basis of Arbitrator Behavior: An Empirical Analysis of Conventional and Final-Offer Arbitration," Econometrica, Econometric Society, vol. 54(4), pages 819-844, July.
- Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
- Myerson, Roger B. & Satterthwaite, Mark A., 1983.
"Efficient mechanisms for bilateral trading,"
Journal of Economic Theory, Elsevier, vol. 29(2), pages 265-281, April.
- Roger B. Myerson & Mark A. Satterthwaite, 1981. "Efficient Mechanisms for Bilateral Trading," Discussion Papers 469S, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Linda Babcock & Xianghong Wang & George Loewenstein, 1996. "Choosing the Wrong Pond: Social Comparisons in Negotiations That Reflect a Self-Serving Bias," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(1), pages 1-19.
- William M. Landes, 1974.
"An Economic Analysis of the Courts,"
NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 164-214,
National Bureau of Economic Research, Inc.
- Landes, William M, 1971. "An Economic Analysis of the Courts," Journal of Law and Economics, University of Chicago Press, vol. 14(1), pages 61-107, April.
- Farber, Henry S & Bazerman, Max H, 1986. "The General Basis of Arbitrator Behavior: An Empirical Analysis of Conventional and Final-Offer Arbitration," Econometrica, Econometric Society, vol. 54(6), pages 1503-1528, November.
- Crawford, Vincent P, 1981. "Arbitration and Conflict Resolution in Labor-Management Bargaining," American Economic Review, American Economic Association, vol. 71(2), pages 205-210, May.
- Muhamet Yildiz, 2004. "Waiting to Persuade," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(1), pages 223-248.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Claudia M. Landeo, 2018.
"Law and economics and tort litigation institutions: theory and experiments,"
Chapters, in: Joshua C. Teitelbaum & Kathryn Zeiler (ed.), Research Handbook on Behavioral Law and Economics, chapter 9, pages 247-268,
Edward Elgar Publishing.
- Landeo, Claudia, 2015. "Law and Economics and Tort Litigation Institutions: Theory and Experiments," Working Papers 2015-12, University of Alberta, Department of Economics.
- James Andreoni & Ray D Madoff, 2008. "The Role of Judicial Discretion in Dispute Settlement," Levine's Working Paper Archive 122247000000001929, David K. Levine.
- Gabuthy, Yannick & Jacquemet, Nicolas & Marchand, Nadège, 2008.
"Does resorting to online dispute resolution promote agreements? Experimental evidence,"
European Economic Review, Elsevier, vol. 52(2), pages 259-282, February.
- Yannick Gabuthy & Nicolas Jacquemet & Nadège Marchand, 2008. "Does Resorting to Online Dispute Resolution Promote Agreements ? Experimental Evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00259453, HAL.
- Yannick Gabuthy & Nicolas Jacquemet & Nadège Marchand, 2008. "Does Resorting to Online Dispute Resolution Promote Agreements ? Experimental Evidence," PSE-Ecole d'économie de Paris (Postprint) halshs-00259453, HAL.
- Yannick Gabuthy & Nicolas Jacquemet & Nadège Marchand, 2008. "Does Resorting to Online Dispute Resolution Promote Agreements ? Experimental Evidence," Post-Print halshs-00259453, HAL.
- Charness, Gary & Kuhn, Peter, 2011.
"Lab Labor: What Can Labor Economists Learn from the Lab?,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 3, pages 229-330,
Elsevier.
- Charness, Gary & Kuhn, Peter J., 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," IZA Discussion Papers 4941, Institute of Labor Economics (IZA).
- Gary Charness & Peter J. Kuhn, 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," NBER Working Papers 15913, National Bureau of Economic Research, Inc.
- Gabuthy, Yannick & Jacquemet, Nicolas & Marchand, Nadège, 2008.
"Does resorting to online dispute resolution promote agreements? Experimental evidence,"
European Economic Review, Elsevier, vol. 52(2), pages 259-282, February.
- Yannick Gabuthy & Nadège Marchand, 2003. "Does Resorting to Online Dispute Resolution Promote Agreements ? Experimental Evidence," Post-Print halshs-00178587, HAL.
- Yannick Gabuthy & Nadège Marchand, 2004. "Does Resorting to Online Dispute Resolution Promote Agreements? Experimental Evidence," Experimental 0402002, University Library of Munich, Germany.
- Yannick Gabuthy & Nadège Marchand, 2004. "Does Resorting to Online Dispute Resolution Promote Agreements? Experimental Evidence," Working Papers 0401, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Yannick Gabuthy & Nicolas Jacquemet & Nadège Marchand, 2008. "Does Resorting to Online Dispute Resolution Promote Agreements ? Experimental Evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00259453, HAL.
- J.J. Prescott & Kathryn E. Spier & Albert Yoon, 2014. "Trial and Settlement: A Study of High-Low Agreements," NBER Working Papers 19873, National Bureau of Economic Research, Inc.
- Galasso, Alberto, 2010. "Over-confidence may reduce negotiation delay," Journal of Economic Behavior & Organization, Elsevier, vol. 76(3), pages 716-733, December.
- Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Thanassoulis, John, 2010. "Optimal stalling when bargaining," Journal of Economic Dynamics and Control, Elsevier, vol. 34(2), pages 101-120, February.
- Yannick Gabuthy & Nicolas Jacquemet, 2013.
"Analyse économique du droit et méthode expérimentale,"
PSE-Ecole d'économie de Paris (Postprint)
halshs-00746617, HAL.
- Yannick Gabuthy & Nicolas Jacquemet, 2013. "Analyse économique du droit et méthode expérimentale," Post-Print halshs-00746617, HAL.
- David Dickinson, 2005.
"Bargaining Outcomes with Double-Offer Arbitration,"
Experimental Economics, Springer;Economic Science Association, vol. 8(2), pages 145-166, June.
- David Dickinson, 2004. "Bargaining Outcomes with Double-Offer Arbitration," Working Papers 04-19, Department of Economics, Appalachian State University.
- Armstrong, Michael J. & Hurley, W. J., 2002. "Arbitration using the closest offer principle of arbitrator behavior," Mathematical Social Sciences, Elsevier, vol. 43(1), pages 19-26, January.
- Galasso, Alberto, 2007. "Broad cross-license agreements and persuasive patent litigation: theory and evidence from the semiconductor industry," LSE Research Online Documents on Economics 6718, London School of Economics and Political Science, LSE Library.
- Yasutora Watanabe, 2005. "Learning and Bargaining in Dispute Resolution: Theory and Evidence from Medical Malpractice Litigation," 2005 Meeting Papers 440, Society for Economic Dynamics.
- Luke M. Froeb & Bernhard Ganglmair & Steven Tschantz, 2016.
"Adversarial Decision Making: Choosing between Models Constructed by Interested Parties,"
Journal of Law and Economics, University of Chicago Press, vol. 59(3), pages 527-548.
- Froeb, Luke M. & Ganglmair, Bernhard & Tschantz, Steven, 2016. "Adversarial decision-making: Choosing between models constructed by interested parties," MPRA Paper 71501, University Library of Munich, Germany.
- Ali, S. Nageeb M., 2006. "Waiting to settle: Multilateral bargaining with subjective biases," Journal of Economic Theory, Elsevier, vol. 130(1), pages 109-137, September.
- Orley Ashenfelter & Gordon B. Dahl, 2003.
"Strategic Bargaining Behavior, Self-Serving Biases, and the Role of Expert Agents An Empirical Study of Final-Offer Arbitration,"
Working Papers
857, Princeton University, Department of Economics, Industrial Relations Section..
- Orley Ashenfelter & Gordon B. Dahl, 2005. "Strategic Bargaining Behavior, Self-Serving Biases, and the Role of Expert Agents: An Empirical Study of Final-Offer Arbitration," NBER Working Papers 11189, National Bureau of Economic Research, Inc.
- Marselli, Riccardo & McCannon, Bryan C. & Vannini, Marco, 2015.
"Bargaining in the shadow of arbitration,"
Journal of Economic Behavior & Organization, Elsevier, vol. 117(C), pages 356-368.
- R. Marselli & M. Vannini & B. Mccannon, 2013. "Bargaining in the Shadow of Arbitration," Working Paper CRENoS 201309, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Ricardo Marselli & Bryan C. McCannon & Marco Vannini, 2015. "Bargaining in the Shadow of Arbitration," Working Papers 15-19, Department of Economics, West Virginia University.
- Nathalie Chappe, 2001. "L'analyse économique d'un mode de résolution des litiges : l'arbitrage," Revue Française d'Économie, Programme National Persée, vol. 15(4), pages 187-208.
- Lee, Yoon-Ho Alex & Klerman, Daniel, 2016. "The Priest-Klein hypotheses: Proofs and generality," International Review of Law and Economics, Elsevier, vol. 48(C), pages 59-76.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cla:levrem:843644000000000198. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: David K. Levine (email available below). General contact details of provider: http://www.dklevine.com/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.