What must be true of jp and jd for a trial to occur

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Question: Suppose a plaintiff and defendant estimate the same probability of plaintiff victory at trial, P, but disagree about the amount that a victorious plaintiff will recover. The plaintiff estimates this amount to be Jp while the defendant estimates it to be Jd. Derive the condition for settlement. What must be true of Jp and Jd for a trial to occur?

Reference no: EM133313230

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