Website
https://dataportal.arc.gov.au/NCGP/API/grants/DE230100557
Funding Status
Active
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Funded Activity Summary
The Behavioural Economics of Inheritance Litigation. Australians are witnessing the greatest intergenerational wealth transfer in history. Unfortunately, more and more families are going to court over inheritance. These disputes tear families apart and impose excessive costs on families and the courts. This project applies legal, behavioural economic and statistical methods to study inheritance battles. It seeks to generate new knowledge about the drivers of inheritance litigation, in order to make it cost-effective. Its expected outcomes include behavioural economic models of inheritance litigation to predict what cost-reduction strategies will work; a large database of real-world inheritance cases to test these predictions; and robust law-reform recommendations to reduce litigation costs.Funded Activity Details
Start Date: 07-2023
End Date: 06-2026
Funding Scheme: Discovery Early Career Researcher Award
Funding Amount: $445,880.00
Funder: Australian Research Council
Research Topics
ANZSRC Field of Research (FoR)
Litigation adjudication and dispute resolution | Equity and trusts law | Legal systems | Behavioural economics
ANZSRC Socio-Economic Objective (SEO)
