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Game Theory In Legal Disputes Over Financial Contracts




Sarvagya Jha, Rutgers University, New Jersey, USA


ABSTRACT


In this paper, I examine the application of game theory to legal disputes over financial contracts, offering a novel perspective on the strategic interactions that shape litigation outcomes in the financial sector. By leveraging game- theoretic models, I analyze the decision-making processes of parties involved in contract disputes, including plaintiffs, defendants, and judiciary bodies. My research explores how these models can be used to predict litigation strategies, inform settlement negotiations, and anticipate judicial decisions in the context of complex financial agreements.


I begin by establishing a theoretical framework that bridges game theory concepts with legal principles relevant to financial contract disputes. I then apply this framework to various scenarios, including securities fraud litigation and derivative contract conflicts, demonstrating how game theory can provide insights into the behavior of rational actors under conditions of uncertainty and information asymmetry.


My findings suggest that game theory offers a valuable analytical tool for understanding and navigating the intricacies of legal conflicts in the financial domain. By illuminating the strategic underpinnings of dispute resolution, this research contributes to both academic discourse and practical applications in law and finance. I conclude by discussing the implications of my analysis for legal practitioners, policymakers, and researchers, while also acknowledging the limitations of game-theoretic approaches and proposing avenues for future research.

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Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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