Unité mixte de recherche 7235

Expert opinion in a tort litigation game

Yves Oytana, Nathalie Chappe

[en]We investigate the potential impact of various proposed reforms intended to improve the quality of expert testimony while reducing its cost, and to facilitate the work of judges in appointing experts and reading their reports. To do so, we present a unilateral care model under strict liability in which the court cannot perfectly observe the amount of harm a tortfeasor has caused to a victim. However, the judge may appoint an expert to improve his chance of reaching a correct decision. In this context, we find that the likelihood of a victim filing a lawsuit decreases with the quality of the expert testimony and with the cost of the expertise procedure, and increases with the non-monetary cost for the judge to appoint an expert. Moreover, we find that the effects of these parameters on the injurer’s level of precaution are ambiguous. We also find that the injurer’s level of care is suboptimal. Finally, we make some public policy recommendations in order to (i) increase the injurer’s level of care and (ii) reduce the expected cost of a trial in the event of an accident. We find that the policy maker faces a trade-off between these two objectives.[/en]

AGENDA

lundi 12 juin 2023

Law, Institutions and Economics in Nanterre (LIEN)

Arthur Silve (IAST / Univ. Laval)

TBA

jeudi 15 juin 2023

Lunch

Guillaume Pierné

TBA

lundi 19 juin 2023

Law, Institutions and Economics in Nanterre (LIEN)

Juan Mora-Sanguinetti (Banco de Espana)

TBA

mardi 20 juin 2023

Colloques et Workshops

Webinar TELE –Theoretical European Law & Economics

mardi 20 juin 2023

When should non-performance of contracts be excused under changed circumstances?

Henrik Lando (Copenhagen Business School, Denmark)

1:30 pm to 2:45 pm (Paris time)

When should non-performance of contracts be excused under changed circumstances?

jeudi 22 juin 2023

Doctorants

Mathilde Aubouin

Distributional Effect of Environmental Regulation of Mobile Data

vendredi 1 septembre 2023

Professeurs invités

Ken Yahagi

lundi 18 septembre 2023

Colloques et Workshops

L’économie de la régulation entre intérêt public et intérêts privés : capture, conflits d’intérêts et revolving doors

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