Understanding the Effects of Third-Party Litigation Funding
Over the past twenty years the once-prohibited practice of third-party financing of lawsuits has become a niche industry in the United States and abroad, as large banks, hedge funds, and private investors often fund medical malpractice claims, class actions against corporations, and other tort claims such that they can share in the potential winnings. While the practice is becoming increasingly commonplace, many questions have emerged regarding the likely impacts of these arrangements on the incentives of litigants and other parties in various lawsuits, and their consequences for litigation and settlement prospects. A new policy brief, which draws on the research of CSDI Affiliates Andrew F. Daughety, the Gertrude Conaway Vanderbilt Professor of Economics, and Jennifer F. Reinganum, the E. Bronson Ingram Professor of Economics at Vanderbilt University, engages these issues and demonstrates that several of the anticipated impacts of these litigation mechanisms might be less clear than advocates and opponents have claimed, and they provide guidance on various policy prescriptions for administering these arrangements in the future.
The Effects of Third-Party Litigation Funding -
CSDI News and Announcements
05/11/13 The Monkey Cage published a new blog post by CSDI Co-Director Larry Bartels.
White Vote by Income, 2012 examines a portion of survey data from the 2012 Cooperative Campaign Analysis Project.
05/10/13 Two new CSDI working papers titled
Political Responsiveness and Agency Independence and The Diversity of Delegation and Consequences for Bureaucratic Responsiveness, have been released. Both were written by CSDI graduate affiliate, and doctoral candidate in political science, Jennifer L. Selin, Vanderbilt University.
05/09/13 A new CSDI working paper, titled
Women's Issues and Their Fates in Congress written by Craig Volden, Professor of Politics and Public Policy at the Frank Batten School of Leadership and Public Policy at the University of Virginia, Alan Wiseman, CSDI Co-Director and Associate Professor of Political Science and Law (by courtesy), and Dana Wittmer, Assistant Professor of Political Science at Colorado College, has been released.
NEW VU POLL SURVEYS REGISTERED VOTERS
By Jim Patterson
NASHVILLE - Tennesseans strongly support charter schools while their feelings about school vouchers are more divided, according to a new poll from the Center for the Study of Democratic Institutions at Vanderbilt University. "A solid 66 percent of those polled support charter schools," said John Geer, co-director of the center. Thirty-five percent support a limited voucher program for low-income families in poor-performance schools, while 31 percent favor vouchers without such restrictions. Twenty-six percent oppose all school vouchers. Read More @ Vanderbilt News or go to http://bit.ly/13FCMxS for more poll results.