Eastern Economic Journal

FIGURE 1

FROM:

An Economic Analysis of Libel Law

Manoj Dalvi and James F Refalo

BACK TO ARTICLE

Figure 1.

Figure and tables index
Unfortunately we are unable to provide accessible alternative text for this. If you require assistance to access this image, please contact help@nature.com or the author

Actions of the newspaper. Our model implies the following decision structure for the newspaper. The newspaper can publish, kill, or investigate a story. If it investigates, the newspaper updates its probability, and then decides whether to publish or kill. The payoffs depend on the liability regime that confronts the newspaper.

Figure and tables index
BACK TO ARTICLE