This Handbook chapter provides abrief review of selected settlement bargaining models in
some areas where new work is developing and where additional work is likely to yield yet …

We model the dynamic process wherein two privately informed plaintiffs may file and
combine related lawsuits in order to lower trial costs and/or improve the likelihood of …

In an economic perspective, punitive damages and class actions can be viewed as sharing
a common economic function—creating optimal deterrence. Building on Parisi and Cenini …

In this article, we argue that aggregate litigation and the court system can not only restore
the protection of victims and the production of deterrence, but also play a pivotal role in …

An informed (prospective) plaintiff can send a take-it-or-leave-it demand to an uninformed
(prospective) defendant with the threat of a lawsuit that may not be credible. In this context …

Class actions aim to bring economies of scale to bear on legal proceedings, by joining
cases that have a common cause of action against a common defendant into a single …

Essays on Incentives in Organizations Page 1 NORTHWESTERN UNIVERSITY Essays on
Incentives in Organizations A DISSERTATION SUBMITTED TO THE GRADUATE SCHOOL IN …

More than four decades ago in The Logic of Collective Action, Olson (1965) provided the
evidence that in specific circumstances the uncoordinated action of individuals can be less …

Mass litigation is a relatively new phenomenon in Europe, yet it is gradually developing into
an important area of the law. This is incited by the impact on society that mass harm might …

In collective litigation, outcomes of previous settlements are used by other potential plaintiffs
when choosing their own litigation strategies. We study how collective litigation forms and …