2023
DOI: 10.1111/jels.12350
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Can you trust your lawyer's call? Legal advisers exhibit myside bias resistant to debiasing interventions

Abstract: In a vast majority of disputes, settlement is superior to litigation, which involves uncertainty, legal fees, and opportunity cost. Unnecessary litigation also causes judicial backlog, wastes resources, and increases societal conflict. Major contributors to the lack of settlement are intransigent litigants who harbor overoptimistic predictions of litigation outcomes, even though they are looking at identical facts and applicable law. A study (N = 166) found significant myside bias in the participants' predicti… Show more

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