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The Poker-Litigation Game

F. E. Guerra-Pujol

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Abstract: Is litigation a serious search for truth or simply a game of skill or luck? Although the process of litigation has been modeled as a Prisoner's Dilemma, as a War of Attrition, as a Game of Chicken and even as a simple coin toss, no one has formally modeled litigation as a game of poker. This paper is the first to do so. We present a simple "poker-litigation game" and find the optimal strategy for playing this game.

Date: 2015-06
New Economics Papers: this item is included in nep-gth, nep-hpe and nep-law
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