The Liability Maze
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The Liability Maze
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Author : Peter W. Huber
language : en
Publisher: Brookings Institution Press
Release Date : 2010-12-01
The Liability Maze written by Peter W. Huber and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Business & Economics categories.
With an ever-increasing number of liability lawsuits, are corporations electing to play it safe rather than risk the uncertainties accompanying innovation? In The Liability Maze experts address the issues surrounding safety and innovation and present the most detailed and comprehensive study to date on the actual impact of U.S. liability law. In recent decades it has been widely assumed that liability laws promote safety by significantly raising the price companies must pay for negligence, product defects and accidents. More recently, others have suggested that the broad and unpredictable sweep of these laws actually deters innovation. The risks of lawsuits are so great that corporations are showing more caution in product innovation than ever before. The contributors focus on five sectors of the economy where the liability system appears to have had the greatest effects, positive or negative: the private aircraft, automobile, chemical, and pharmaceutical industries, and the medical profession. They suggest that in many sectors liability law has hampered innovation. In others it has stimulated safety improvements, although perhaps not so much as vigilant safety regulations.
The Liability Maze
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Author : Peter W. Huber
language : en
Publisher: Brookings Institution Press
Release Date : 1991
The Liability Maze written by Peter W. Huber and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Law categories.
Discusses the effect of liability laws in the private aircraft, automobile, chemical, and pharmaceutical industries and the medical profession
Liability Maze
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Author :
language : en
Publisher:
Release Date : 1991
Liability Maze written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.
Toxic Maze
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Author : Prospect Media
language : en
Publisher:
Release Date : 1992
Toxic Maze written by Prospect Media and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.
Product Liability
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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on the Consumer
language : en
Publisher:
Release Date : 1992
Product Liability written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on the Consumer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Law categories.
Exploring The Domain Of Accident Law
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Author : Don DeWees
language : en
Publisher: Oxford University Press
Release Date : 1996-01-04
Exploring The Domain Of Accident Law written by Don DeWees and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-04 with Law categories.
In the mid 1980s, there was a crisis in the availability, affordability, and adequacy of liability insurance in the United States and Canada. Mass tort claims such as the asbestos, DES, and Agent Orange litigation generated widespread public attention, and the tort system came to assume a heightened prominence in American life. While some scholars debate whether or not any such crisis still exists, there has been an increasing political, judicial and academic questioning of the goals and future of the tort system. Exploring the Domain of Tort Law reviews the evidence on the efficacy of the tort system and its alternatives. By looking at empirical evidence in five major categories of accidents--automobile, medical malpractice, product-related accidents, environmental injuries, and workplace injuries--the authors evaluate the degree to which the tort system conforms to three normative goals: deterrence, corrective justice, and distributive justice. In each case, the authors review the deterrence and compensatory properties of the tort system, and then review parallel bodies of evidence on regulatory, penal, and compensatory alternatives. Most of the academic literature on the tort system has traditionally been doctrinal or, in recent years, highly theoretical. Very little of this literature provides an in-depth consideration of how the system works, and whether or not there are any feasible alternatives. Exploring the Domain of Tort Law contributes valuable new evidence to the tort law reform debate. It will be of interest to academic lawyers and economists, policy analysts, policy professionals in government and research organizations, and all those affected by tort law reform.
Making Decisions About Liability And Insurance
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Author : Colin F. Camerer
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Making Decisions About Liability And Insurance written by Colin F. Camerer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by changes in tort law may be partly responsible for the second major trend known as the `liability crisis' - the disappearance of liability protection in markets for particularly unpredictable risks. This book examines decisions people make about insurance and liability. An understanding of such decision making may help explain why the insurance crisis resulted from the new interpretations of tort law and what to do about it. The articles cover three kinds of decisions: consumer decisions to purchase insurance; insurer decisions about coverage they offer; and the decisions of the public about the liability rules they prefer, which are reflected in legislation and regulation. For each of these three kinds of decisions, normative theories such as expected utility theory can be used as benchmarks against which actual decisions are judged.
Our Liability Predicament
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Author : J. T. H. Johnson
language : en
Publisher:
Release Date : 1997
Our Liability Predicament written by J. T. H. Johnson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Law categories.
Our Liability Predicament is a non-political and non-polemical discussion of our present-day liability system and its problems. It concludes that the culprit has been the gradual devolution of American tort law to the point where it actually encourages litigation, greed, and revenge, as opposed to the proclaimed aim of law as a method of settling disputes amicably, expeditiously and fairly. The book is divided into six sections; the first of which is devoted to the basic facts of tort law, how it evolved, and how it began to differ from the tort systems of other nations. The next section discusses the basic flaws and merits of the system, and concludes that the flaws considerably outweigh the merits. The third section discusses the need for basic reforms, particularly in incentives, cost, and complexity. The fourth section considers specific problems, with emphasis on automobile liability and professional malpractice. The fifth section discusses the divergent points of view regarding the tort system in the literature, as well as various proposals for reform, and the final section gives a short summary and conclusion.
Everything For Sale
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Author : Robert Kuttner
language : en
Publisher: University of Chicago Press
Release Date : 1999-05-15
Everything For Sale written by Robert Kuttner and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-05-15 with Business & Economics categories.
In this highly acclaimed, provocative book, Robert Kuttner disputes the laissez-faire direction of both economic theory and practice that has been gaining in prominence since the mid-1970s. Dissenting voices, Kuttner argues, have been drowned out by a stream of circular arguments and complex mathematical models that ignore real-world conditions and disregard values that can't easily be turned into commodities. With its brilliant explanation of how some sectors of the economy require a blend of market, regulation, and social outlay, and a new preface addressing the current global economic crisis, Kuttner's study will play an important role in policy-making for the twenty-first century. "The best survey of the limits of free markets that we have. . . . A much needed plea for pragmatism: Take from free markets what is good and do not hesitate to recognize what is bad."—Jeff Madrick, Los Angeles Times "It ought to be compulsory reading for all politicians—fortunately for them and us, it is an elegant read."—The Economist "Demonstrating an impressive mastery of a vast range of material, Mr. Kuttner lays out the case for the market's insufficiency in field after field: employment, medicine, banking, securities, telecommunications, electric power."—Nicholas Lemann, New York Times Book Review "A powerful empirical broadside. One by one, he lays on cases where governments have outdone markets, or at least performed well."—Michael Hirsh, Newsweek "To understand the economic policy debates that will take place in the next few years, you can't do better than to read this book."—Suzanne Garment, Washington Post Book World
Regulation Versus Litigation
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Author : Daniel P. Kessler
language : en
Publisher: University of Chicago Press
Release Date : 2011-02
Regulation Versus Litigation written by Daniel P. Kessler and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02 with Business & Economics categories.
The efficacy of various political institutions is the subject of intense debate between proponents of broad legislative standards enforced through litigation and those who prefer regulation by administrative agencies. This book explores the trade-offs between litigation and regulation, the circumstances in which one approach may outperform the other, and the principles that affect the choice between addressing particular economic activities with one system or the other. Combining theoretical analysis with empirical investigation in a range of industries, including public health, financial markets, medical care, and workplace safety, Regulation versus Litigation sheds light on the costs and benefits of two important instruments of economic policy.