Can suits with negative expected value really be profitable? I wish to acknowledge my debt to Kevin lippert for his important contribution to the writing of this article. Kevin, a student in my law and economics workshop, wrote a thoughtful paper evaluating the theoretical argument advanced by David Rosenberg and Steven Shavell in their: A model in which suits are brought for their nuisance value, 5 intl rev. L. econ. 3(1985).(The paper was jointly awarded the prize for the best student paper in the ... [Book Review]

Legal Theory 9 (2):83-97 (2003)
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