Hyperbolic Discounting
Hyperbolic discounting is a behavioral bias which describes the tendency for people to increasingly choose a smaller-sooner reward over a larger-later reward as the delay occurs sooner rather than later in time. Full disclaimer: I am as guilty of it (if not more) than anybody else. Exhibit A is my book consumption: I never read […]
The Economics of Litigation
here to read the article
The Secondary Market as an Expediter of the Sovereign Debt Restructuring Process
Download PDF
The Problem of the Obsessive Litigant
Abstract Obsessive litigants are individuals who burden the judicial process by repeatedly filing causes of action that are ultimately found to be with little or no merit. If you are a litigator, chances are that you may have interacted or heard about one over the course of your career. You would probably have little difficulty […]