The Value of Truth and the Optimal Standard of Proof in Legal Disputes

Publication Date

5-3-2000

Abstract

This paper models the fact-finding process as one in which the defendant is accused of violating some legal standard (e.g. exceeding the speed limit). The fact-finder cannot observe the actual behavior but observes some variable that is a noisy signal of

Document Type

Article

Disciplines

Other Business

Source

SMU Cox: Business Economics (Topic)

Language

English

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