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$125,000 in fines for D&D pirates? Help me do the math...
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<blockquote data-quote="Cadfan" data-source="post: 4966531" data-attributes="member: 40961"><p>It doesn't necessarily have to be all that much more. From what we know, the trial seems like it should be a slam dunk for WotC. That means they don't have to discount much to convince the other side to settle.</p><p> </p><p>Its just basic probability and expected outcomes. If you think there's a 70% chance you'll win at trial, and if you win you'll get X, then you should be willing to settle for any amount equal or over .7*X minus the cost of trial. If you think there's a 99% chance you'll in at trial, and if you win you'll get X, then you'll instead want to settle for an amount equal or over .99X, minus the cost of trial.</p><p> </p><p>I <em>think</em> WotC had a statutory right to attorney fees. Which means the cost of trial would be negligible. And both sides are probably evaluating the likely outcome of trial similarly since liability seems pretty clear and the damages are largely statutory and therefore easy to calculate.</p><p> </p><p>So at least theoretically they should have been able to negotiate an outcome very close to the likely outcome of trial.</p></blockquote><p></p>
[QUOTE="Cadfan, post: 4966531, member: 40961"] It doesn't necessarily have to be all that much more. From what we know, the trial seems like it should be a slam dunk for WotC. That means they don't have to discount much to convince the other side to settle. Its just basic probability and expected outcomes. If you think there's a 70% chance you'll win at trial, and if you win you'll get X, then you should be willing to settle for any amount equal or over .7*X minus the cost of trial. If you think there's a 99% chance you'll in at trial, and if you win you'll get X, then you'll instead want to settle for an amount equal or over .99X, minus the cost of trial. I [I]think[/I] WotC had a statutory right to attorney fees. Which means the cost of trial would be negligible. And both sides are probably evaluating the likely outcome of trial similarly since liability seems pretty clear and the damages are largely statutory and therefore easy to calculate. So at least theoretically they should have been able to negotiate an outcome very close to the likely outcome of trial. [/QUOTE]
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$125,000 in fines for D&D pirates? Help me do the math...
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