Legal Process
Intermediate
Selection Effect
The tendency for tried cases to be an unrepresentative subset of all disputes because parties settle cases whose expected outcomes are sufficiently clear.
Why It Matters
Selection effects warn researchers not to infer the whole dispute system from litigated cases alone, a point especially important for empirical legal studies.
Selected Literature
A short list of directly relevant archive entries.
2004
Advanced
2009
Introductory
Mostly Harmless Econometrics: An Empiricist's Companion
Joshua D. Angrist and Jörn-Steffen Pischke
Princeton University Press
2016
Advanced
Related Cases
1996
Corporate Law
In re Caremark International Inc. Derivative Litigation
698 A.2d 959 (Del. Ch. 1996)
Director oversight duties, compliance systems, and board liability for failure to monitor legal risk.
