The Poker-Litigation Game
F. E. Guerra-Pujol
Papers from arXiv.org
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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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1509.01214
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