A patent is a powerful tool. It grants its owner exclusive rights over a particular technology by
allowing him to exclude others from the use of that technology. 1 It allows the inventor to …

This survey, which updates and expands upon an earlier Encyclopedia entry1 on the
modeling of pretrial settlement bargaining, organizes current main themes and recent …

On August 29, 1906, a little known Nebraska lawyer climbed to the podium at the twenty-
ninth American Bar Association convention in St. Paul, Minnesota, and commenced the most …

When Slobodan Milogevid passed away on March 11, 2006-more than four years after the
trial against him began in the International Criminal Tribunal for the Former Yugoslavia …

This comprehensive textbook applies economic analysis to public law. The economic
analysis of law has revolutionized legal scholarship and teaching in the last half-century, but …

Settlement in patent litigation suits is a frequently observed phenomenon. Even though
parties have the opportunity of achieving an agreement at the first negotiation round they …

The economic analysis of procedure reduces most issues to direct costs and error costs.
Direct costs are ordinary litigation costs. Error costs are the reduction in deterrence and the …

In the United States, most tort disputes are resolved prior to trial. Eisenberg and Lanvers
(2009) find that about 82 percent of tort cases filed in two federal district courts were settled …

We develop a model with asymmetric information, in which the uninformed party makes the
offer. When the parties proceed to trial, their endogenous expenditures partially determine …

Parties engaged in a litigation generally enter the discovery process with different
informations regarding their case and/or an unequal endowment in terms of skill and ability …