Tilting the Table? The Use of Preliminary Injunctions
研究了初步禁令在专利诉讼中的经济作用,发现融资成本差异驱动其使用,并基于252个专利案件数据验证了模型预测。
This paper examines the economic role of preliminary injunctions in legal disputes. We present a model in which differences in financing costs drive the use of preliminary injunction and explore the implications of this legal remedy for ex post efficiency and ex ante incentives. Controlling for the nature of the dispute, we examine the relationships between the financial status of litigating parties and whether a preliminary injunction is requested. The empirical analysis uses detailed data compiled for a sample of 252 patent suits and reveals patterns generally consistent with those suggested by the model.