Trial Selection Theory: A Unified Model

Keith N. Hylton and Haizhen Lin ()
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Keith N. Hylton: Boston University Law School

No 2009-06, Working Papers from Indiana University, Kelley School of Business, Department of Business Economics and Public Policy

Abstract: This paper provides a formal model of the trial selection process that incorporates the Priest-Klein hypothesis and alternative theories of selection. We derive the conditions under which the hypothesis is valid, and examine implications for the relationship between trial outcome uncertainty and litigation. The model suggests a generalization of the hypothesis.

Date: 2009-10
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Persistent link: https://EconPapers.repec.org/RePEc:iuk:wpaper:2009-06

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