In Europe, the party who loses at trial pays the litigation costs of the winner. Assume that

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In Europe, the party who loses at trial pays the litigation costs of the winner. Assume that the plaintiff in the preceding figure pays litigation costs of $40 if she loses at trial, and the plaintiff pays litigation costs of $0 if she wins. Recompute the expected values of the legal claim under this assumption.

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Law and economics

ISBN: 978-0132540650

6th Edition

Authors: Robert cooter, Thomas ulen

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