3 ms·
The game theory calculus changes dramatically. You only enter lawsuits where you're pretty sure you'd win and you convince the lawyers on your side too. If th
by ldiracdelta 5y ago
The game theory calculus changes dramatically. You only enter lawsuits where you're pretty sure you'd win and you convince the lawyers on your side too. If the lawyers know they're getting paid, they don't care how big your pockets are, they only care how big the probable loser's pockets are. This also discourages trying to bankrupt your opponent when you know you're going lose, because you're digging your own hole. No point going to trial and racking up expense, if every action is really digging your own grave, so encourages settling when the facts are fully known.
Ultimately, it seems to align incentives with actual justice, rather than punitive legal action. I imagine it would drastically change how litigious America is.