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When Should a Case be Dismissed? The Economics of Pleading and Summary Judgment Standards Abstract This paper applies a simple economic framework to the choice between pleading and summary judgment as points at which a claim can be dismissed. It concludes generally that pleading standards should vary with the evidentiary demands of the associated legal standards and the social costs of litigation. The common law’s imposition of higher pleading standards for fraud claims is consistent with this proposition. The theory implies that the rigorous summary judgment standards that have been developed by antitrust courts should lead to a correspondingly rigorous assessment at the pleading stage.
Size: 268 KB Adobe Acrobat Reader v3.01 or greater is required to view this paper. Keith N. Hylton Contact Information Boston University School of Law 765 Commonwealth Avenue Boston, MA 02215 Phone: (617) 353-8959 This draft can be also found at the link below: |