Construct · 1 fields · 1 citations

signaling model of settlement: a standalone construct

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Law and economics

model in which an informed plaintiff's settlement demand signals the strength of its claim, so some defendants reject demands and trials occur in equilibrium.

In law and economics, signaling model of settlement refers to model in which an informed plaintiff's settlement demand signals the strength of its claim, so some defendants reject demands and trials occur in equilibrium. This meaning comes from Reinganum (1986) in The RAND Journal of Economics.[1]

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Nearby constructs

demand4 fields · 4 citationsjingle · one word, four constructs equilibrium4 fields · 4 citationsjingle · one word, four constructs model3 fields · 3 citationsjingle · one word, three constructs

References

Reinganum, J. F., & Wilde, L. L. (1986). Settlement, Litigation, and the Allocation of Litigation Costs. The RAND Journal of Economics, 17(4), 557. https://doi.org/10.2307/2555481

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