Nine points of the law: evidentiary rules and the costs of litigation |
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| Authors: | Karl W?rneryd |
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| Affiliation: | 1. Department of Economics, Stockholm School of Economics, Box 6501, 113 83, Stockholm, Sweden
2. CESifo, Munich, Germany
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| Abstract: | If the defendant in a lawsuit is better informed than the plaintiff about the value of damages that could potentially be assigned by the court, biasing the burden of proof toward the plaintiff may lower aggregate efficiency losses from litigation. |
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