If most litigation is a costly form of redistribution then


Question: If most litigation is a costly form of redistribution, then public policy should discourage it for the sake of economic efficiency. Compare the efficiency of the following restrictions on the market for legal services:

(a) low damages awarded as compensation for injuries;

(b) high fees charged by the court for the filing of a legal complaint;

(c) lawyers' fees set by the state at a high level.

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