Judicial Fact Discretion

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Judicial Fact Discretion

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dc.contributor.author Gennaioli, Nicola
dc.contributor.author Shleifer, Andrei
dc.date.accessioned 2010-01-12T14:57:16Z
dc.date.issued 2008
dc.identifier.citation Gennaioli, Nicola, and Andrei Shleifer. 2008. Judicial fact discretion. Journal of Legal Studies 37(1): 1-35. en_US
dc.identifier.issn 0047-2530 en_US
dc.identifier.uri http://nrs.harvard.edu/urn-3:HUL.InstRepos:3451304
dc.description.abstract Following legal realists, we model the causes and consequences of trial judges exercising discretion in finding facts in a trial. We identify two motivations for the exercise of such discretion: judicial policy preferences and judges’ aversion to reversal on appeal when the law is unsettled. In the latter case, judges exercising fact discretion find the facts that fit the settled precedents, even when they have no policy preferences. In a standard model of a tort, judicial fact discretion leads to setting of damages unpredictable from true facts of the case but predictable from knowledge of judicial preferences, distorts the number and severity of accidents, and generates welfare losses. It also encourages litigants to take extreme positions in court and raises the incidence of litigation relative to settlement, especially in new and complex disputes for which the law is unsettled. en_US
dc.description.sponsorship Economics en_US
dc.language.iso en_US en_US
dc.publisher University of Chicago Press en_US
dc.relation.isversionof http://dx.doi.org/10.1086/588266 en_US
dc.relation.hasversion http://ws1.ad.economics.harvard.edu/faculty/shleifer/files/JFD_JLS_final.pdf
dash.license META_ONLY
dc.title Judicial Fact Discretion en_US
dc.type Journal Article en_US
dc.description.version Version of Record en_US
dc.relation.journal Journal of Legal Studies -Chicago- en_US
dash.depositing.author Shleifer, Andrei
dash.embargo.until 10000-01-01
dc.date.available 2010-01-12T14:57:16Z

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  • FAS Scholarly Articles [7176]
    Peer reviewed scholarly articles from the Faculty of Arts and Sciences of Harvard University

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