Legal Process
Intermediate
Deadline Effect
A pattern in which settlement activity concentrates near a trial or procedural deadline because delay, private information, and bargaining strategy shape the timing of agreement.
Why It Matters
Deadline effects show that late settlement can arise from equilibrium behavior rather than simple irrationality and help evaluate scheduling, fee rules, and case-management interventions.
Selected Literature
A short list of directly relevant archive entries.
1992
Advanced
1996
Advanced
2004
Advanced
Related Cases
1854
Foundations of Law and Economics
Hadley v. Baxendale
9 Exch. 341, 156 Eng. Rep. 145 (1854)
Foreseeability, information disclosure, and limits on consequential damages for breach of contract.
1994
Securities Regulation
Central Bank of Denver v. First Interstate Bank of Denver
511 U.S. 164 (1994)
Private aiding-and-abetting liability under Section 10(b) of the Securities Exchange Act.
2013
Securities Regulation
Gabelli v. SEC
568 U.S. 442 (2013)
When the five-year limitations period begins for an SEC action seeking civil penalties for alleged fraud.