Delay and settlement in litigation

Article Abstract:

An empirical analysis of predictions about the factors that could affect litigants' settlement decisions over time is presented. The predictions are derived from Spier's (1992) dynamic model of pre-trial negotiation. Results indicate that settlement delay is increased when the litigants contend with low costs of bargaining, when the defendant thinks that is not liable, and when the estimated damages are high. Results also indicate that Spier's strategic model can explain a number of important characteristics of pre-trial bargaining.

Economic aspects, Compromise and settlement, Settlements (Law), Actions and defenses, Litigation, Procedure (Law)

---

Using higher moments to estimate the simple errors-in-variables model

Article Abstract:

The standard simple regression model provides the ability to test the identification of parameters via the existence of independent variables which are normally distributed. The formula minimum-x2 could provide the approximation value of the identified parameters with the utilization of up to the fourth moments. The number of parameters and number of moment conditions increases more rapidly than explanatory variables.

Research, Statistical sampling, Sampling (Statistics)

---

Similar abstracts:

• Abstracts: Time variation of second moments from a noise trader/infection model. part 2 Capacity utilization and market power
• Abstracts: Directors' pay and turnover: an application to a sample of large UK firms. Sample selection bias correction for missing response observations
• Abstracts: Search intensity in oligopoly. Optimal Emissions Taxation under Imperfect Competition in a Durable Good Industry
• Abstracts: Firm value and investment in R&D. More on Knight and the theory of the firm. Market structure and the value of growth
• Abstracts: The pre-programme earnings dip and the determinants of participation in a social programme: implications for simple programme evaluation strategies

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.