ASSESSING THE EFFECTS OF A “LOSER PAYS” RULE ON THE AMERICAN LEGAL SYSTEM: AN ECONOMIC ANALYSIS AND PROPOSAL FOR REFORM
Although the American justice system is derided as expensive, capricious, and prone to abuse, Americans go to court more often—and more expensively—than any other people in the world. The purpose of this paper is to explore the possibility of reducing the incidence of what I will call “abusive litigation” in the United States by replacing… continue reading