Legal expenditure as a rent-seeking game

被引：0
|
作者：
Amy Farmer
Paul Pecorino
机构：
[1] University of Tennessee,Department of Economics
[2] University of Alabama,Department of Economics, Finance and Legal Studies
来源：
Public Choice | 1999年 / 100卷
关键词：
Public Finance; Natural Interaction; Interesting Type; Civil Litigation; Civil Trial;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
Legal expenditures at a civil trial constitute an interesting type of rent-seeking contest. In civil litigation there is a natural interaction between the objective merits of the case and the outcome of the contest. Institutions such as fee shifting do not generally have a counterpart in other rent-seeking contests. The endogenous decision to participate in the rent-seeking contest corresponds to the decision by the plaintiff to bring a case, and the decision by the defendant to defend it. The desirability of fee shifting is very sensitive to the value of the parameter which describes the legal technology.
引用
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页码：271 / 288
页数：17
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