TY  - JOUR
PY  - 1995//
TI  - Predictable and unpredictable error in tort awards: The effect of plaintiff self-selection and signaling
JO  - International review of law and economics
A1  - Rasmusen, Eric
SP  - 323
EP  - 345
VL  - 15
IS  - 3
N2  - If a potential tort plaintiff can predict that the court will overestimate damages, he is more likely to bring suit, but if the court is aware of this, it will adjust its awards accordingly. In general, court error implies that the court should moderate extreme awards whether they are high or low, because of regression towards the mean. Predictable error, however, tends to push the optimal adjustment downwards, and unpredictable error pushes it upwards, because of plaintiff selection and signaling, respectively. Errors of either kind can lead plaintiffs to bring meritless suits.<p /> 
LA  - 
SN  - 0144-8188
UR  - http://dx.doi.org/10.1016/0144-8188(95)00015-Z
ID  - ref1
ER  -