Settlement implications of lawyer advertising

Friehe, Tim; Gabuthy, Yannick; Lambert, Eve-Angéline

doi:10.1016/j.irle.2019.105870

International Review of Law and Economics

2020

DOI: 10.1016/j.irle.2019.105870

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Settlement implications of lawyer advertising

Tim Friehe

Yannick Gabuthy

Eve-Angéline Lambert

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Cited by 2 publications

References 28 publications

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Imperfect Information About Consumer Rights: Implications for Efficiency and Distribution

Baumann,

Friehe,

Wenzel

2023

American Law and Economics Review

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This paper shows that the provision of consumer rights can induce unintended distributional effects and may, under specific circumstances, even decrease welfare when some consumers are unaware of these rights. We find that consumers who are uninformed about a mandated warranty may demand excessively safe products when the share of informed consumers is high. In other circumstances, uninformed consumers buy the efficient or an inefficiently unsafe products like informed consumers, but the former cross-subsidize the latter via firms’ pricing. Concerning the salient policy option of improving information about consumer rights, we find that increasing the share of informed consumers may raise the risk of inefficiency.

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Imperfect Information About Consumer Rights: Implications for Efficiency and Distribution

Baumann,

Friehe,

Wenzel

2023

American Law and Economics Review

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Règle anglaise versus règle américaine d’allocation des frais de justice : une analyse expérimentale

Gabuthy¹,

Peterlé²,

Tisserand³

2020

Revue Économique

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Dans cet article, nous analysons expérimentalement l’impact potentiel de la règle d’allocation des frais de justice (règle américaine ou anglaise) sur l’efficacité de la procédure judiciaire, via son effet sur l’effort de l’avocat, la dissuasion des recours illégitimes et les incitations du demandeur à aller en justice. D’après nos résultats, il semble que la règle anglaise contribue à diminuer le nombre de recours illégitimes, notamment en réduisant les incitations des avocats à exercer un effort élevé pour défendre ce type d’affaires ex post (et donc en décourageant les clients potentiels d’intenter un procès ex ante ). Classification JEL : C91, C41.

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Settlement implications of lawyer advertising

Cited by 2 publications

References 28 publications

Imperfect Information About Consumer Rights: Implications for Efficiency and Distribution

Imperfect Information About Consumer Rights: Implications for Efficiency and Distribution

Règle anglaise versus règle américaine d’allocation des frais de justice : une analyse expérimentale

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