Author granted license

Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International

Document Type

Article

Publication Date

10-2011

Publisher

Boston University School of Law

Language

en-US

Abstract

This paper examines the law and economics of third-party financed litigation. I explore the conditions under which a system of third-party financiers and litigators can enhance social welfare, and the conditions under which it is likely to reduce social welfare. Among the applications I consider are the sale of legal rights (such as contingent tort claims) to insurers, to patent trolls, and to financiers generally.

Comments

Published as: "The Economics of Third-Party Financed Litigation," 8 Journal of Law, Economics & Policy 701 (2012).

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