Economics of Evidence, Procedure and Litigation

Over the last three decades, the use of mathematical methods and logic and the innovative application of game theoretic, economic and statistical methods have reshaped the way scholars of legal evidence and procedure think about core features of the current legal system and the construction of an ideal justice system. In this comprehensive collection, Professor Sanchirico has brought together the major breakthroughs in this exciting confluence of scholarly methods and concerns. Volume I corresponds in essence to the legal field of procedure. It includes papers which focus mainly on events which surround and are influenced by trial, rather than on trial itself: such events include the decision to sue, the settlement of disputes out of court and 'primary activity' behaviour, such as contractual performance, product design or precaution in hazardous activities. Volume II corresponds more to the field of evidence. It delves into the workings of the trial process itself and investigates the interaction between the actual mechanics of trial on the one hand and filing, settlement, and primary activity behaviour on the other.