| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4644 |
| DP4644 Population Ageing and International Capital Flows | |
| Martin Flodén; David Domeij | |
| 发表日期 | 2004-09-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | Under contingent fees the attorney gets a share of the judgement; under conditional fees the lawyer gets an upscale premium if the case is won which is, however, unrelated to the adjudicated amount. We compare conditional and contingent fees in a framework where lawyers are uninformed about the clients? cases. If there is asymmetric information about the merits of cases, in equilibrium attorneys will offer only conditional fees. If there is asymmetric information about the risk of cases, only contingent fee contracts are offered in equilibrium. |
| 主题 | Industrial Organization |
| 关键词 | Contingent fees Conditional fees Adverse selection Moral hazard Screening Pooling |
| URL | https://cepr.org/publications/dp4644 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533564 |
| 推荐引用方式 GB/T 7714 | Martin Flodén,David Domeij. DP4644 Population Ageing and International Capital Flows. 2004. |
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