Business Administration Faculty Publications

Title

Class Action Extraction

Document Type

Article

Publication Date

7-2003

Journal Title

Public Choice

Volume

116

Issue

1/2

First Page

91

Last Page

108

Abstract

Discusses class action lawsuits in the context of rent extraction theory. Resolution of company class action lawsuit by retraction, settlement or legal verdict; Comparison between legislative and judicial rent extraction; Model of political extortion.

Keywords

Class action, Rent extraction theory