Question: When a falsely optimistic claimant obtains a more generous settlement because of the false optimism: This outcome is Pareto improving. This outcome is socially efficient.

When a falsely optimistic claimant obtains a more generous settlement because

of the false optimism: This outcome is Pareto improving. This outcome is

When a falsely optimistic claimant obtains a more generous settlement because of the false optimism: This outcome is Pareto improving. This outcome is socially efficient. The result is not related to social efficiency. This outcome is socially inefficient

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