Assume that discovery increases the optimism of plaintiffs and thus increases the value of their legal claims.

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Assume that discovery increases the optimism of plaintiffs and thus increases the value of their legal claims. Explain the consequences for the number of claims filed.

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Law and economics

ISBN: 978-0132540650

6th Edition

Authors: Robert cooter, Thomas ulen

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Question Posted: Aug 10, 2012 03:41 AM

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Assume that discovery increases the optimism of plaintiffs and thus increases the value of their legal claims.

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In economic jargon this is called a price floor This is the opposite of the ren...View the full answer

Law and economics

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