Beliefs and precedent: the dynamics of access to justice

Open Access
Authors
Publication date 2014
Series DEM Working Paper Series, 84 (07-14)
Number of pages 43
Publisher Pavia (I): Department of Economics and Management, UniversitĂ  di Pavia
Organisations
  • Interfacultary Research - Amsterdam Center for Law & Economics (ACLE)
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract
The entire system of legal remedies rests on the decision of prospective plaintiffs to commence actions before a court. This study focuses on how both plaintiffs’ beliefs and legal precedent affect access to justice. In turn, actual accesses to the judiciary result in judicial decisions, and then in the establishment of further legal precedent that is able to affect the behaviour of new plaintiffs. This dynamic model shows that precedent works as a rectification tool with regard to biased beliefs. However, the strength of the rectification power significantly depends upon both the merit of the case and stickiness of subjective beliefs. The results highlight that although plaintiffs learn from precedent through a Bayesian process, access to justice does not always follow a desirable path. In fact, under some circumstances, meritorious causes of action hardly proceed through the court system, even as frivolous claims continue to flourish
Document type Working paper
Note This version: 21 July 2014
Language English
Published at http://economia.unipv.it/docs/dipeco/quad/ps/RePEc/pav/demwpp/DEMWP0084.pdf
Downloads
439041 (Submitted manuscript)
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