Construct · 1 fields · 1 citations

private versus social incentive to sue: a standalone construct

One name. One construct. A landmark on the map.

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Law and economics

the gap between a plaintiff's private gain from suing and the social value of the suit, so the volume of litigation can be socially excessive or inadequate.

In law and economics, private versus social incentive to sue refers to the gap between a plaintiff's private gain from suing and the social value of the suit, so the volume of litigation can be socially excessive or inadequate. This meaning comes from Shavell (1981) in The Social versus the Private Incentive to Bring Suit in a Costly Legal System.[1]

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Nearby constructs

gain4 fields · 4 citationsjingle · one word, four constructs incentive4 fields · 5 citationsjingle · one word, four constructs value6 fields · 12 citationsjingle · one name, six constructs

References

Shavell, S. (1981). The Social versus the Private Incentive to Bring Suit in a Costly Legal System. National Bureau of Economic Research. https://doi.org/10.3386/w0741

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