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Focusing on the economic efficiency of settlements in German civil proceedings, this paper presents empirical data on dispute resolution behaviors in Germany. It outlines the legal frameworks for settlements, comparing Germany's approach to those of other countries. Utilizing game theory, the analysis explores economic motivations for settling disputes and examines the average German attitude towards legal resolutions. The study aims to provide insights into the factors influencing settlement decisions beyond theoretical considerations, offering a comprehensive view of the settlement landscape in Germany.
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Economic Analysis of settlements, Dominik E. Arndt
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- 2009
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