The economic effects of the liability system

The economic effects of the liability system PDF Author:
Publisher: Hoover Press
ISBN: 9780817959630
Category : Insurance, Liability
Languages : en
Pages : 36

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Book Description

The economic effects of the liability system

The economic effects of the liability system PDF Author:
Publisher: Hoover Press
ISBN: 9780817959630
Category : Insurance, Liability
Languages : en
Pages : 36

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Book Description


Economic Effects of Product Liability and Other Litigation Involving the Safety and Effectiveness of Pharmaceuticals

Economic Effects of Product Liability and Other Litigation Involving the Safety and Effectiveness of Pharmaceuticals PDF Author: Steven Garber
Publisher: Rand Corporation
ISBN: 0833079913
Category : Business & Economics
Languages : en
Pages : 117

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Book Description
Liability effects on the economic performance of the pharmaceutical industry play a prominent role in the debate about the economic effects of product liability in the United States. The author analyzes incentive effects on company decisions, implications for economic outcomes such as drug safety and effectiveness, and suggests how public policy changes could mitigate liability-based sources of inefficient decisions of pharmaceutical companies.

The Economic Impact of the Texas Liability Law System

The Economic Impact of the Texas Liability Law System PDF Author: M. Ray Perryman Consultants
Publisher:
ISBN:
Category : Liability (Law)
Languages : en
Pages :

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Book Description


The Economics of U.S. Tort Liability: A Primer

The Economics of U.S. Tort Liability: A Primer PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

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Book Description
Many controversies and policy issues surround the U.S. tort system, which holds parties liable for injuries to people or property. Critics charge that the system is costly and inefficient, arbitrary and open to abuse, and indirectly harmful through its adverse effects on economic vitality and consumers' choices. In contrast, defenders argue that the tort system serves important social objectives, such as compensating injury victims, improving product safety, and punishing egregious behavior. Several bills now before the Congress propose to change the rules that govern tort claims for medical malpractice and asbestos exposure and claims litigated as class actions. This Congressional Budget Office (CBO) study-prepared at the request of the Senate Budget Committee-attempts to clarify the issues and policy options surrounding the tort system by presenting an economic perspective on tort liability. The study outlines the strengths and weaknesses of tort liability as a tool for promoting economic efficiency and fairness, discusses the available data on the benefits and costs of the tort system, and analyzes in qualitative terms the likely effects of various policy options for altering the system. In keeping with CBO's mandate to provide objective, impartial analysis, this study makes no recommendations.

The Liability Maze

The Liability Maze PDF Author: Peter W. Huber
Publisher: Brookings Institution Press
ISBN: 0815720181
Category : Business & Economics
Languages : en
Pages : 529

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Book Description
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.

Impact of the Product Liability System on Small Business

Impact of the Product Liability System on Small Business PDF Author: United States. Congress. House. Committee on Small Business. Subcommittee on SBA, the General Economy, and Minority Enterprise Development
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 142

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Book Description


Research Handbook on the Economics of Torts

Research Handbook on the Economics of Torts PDF Author: Jennifer Arlen
Publisher: Edward Elgar Publishing
ISBN: 1781006172
Category : Law
Languages : en
Pages : 668

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Book Description
Focusing on issues of vital importance to those seeking to understand and reform the tort system, this volume takes a multi-disciplinary approach, including theoretical economic analysis, empirical analysis, socio-economic analysis, and behavioral anal

The Economics of U.S. Tort Liability

The Economics of U.S. Tort Liability PDF Author:
Publisher: Congressional Budget Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
A CBO Study. Attempts to clarify the issues and policy options surrounding the tort system. Presents an economic perspective on tort liability. Outlines the strengths and weaknesses of tort liability as a tool for promoting economic efficiency and fairness. Discusses the available data on the benefits and costs of the tort system. Analyzes in qualitative terms the likely effects of various policy options for altering the system. Makes no recommendations.

The Economics of US Tort Liability

The Economics of US Tort Liability PDF Author: Perry Beider
Publisher:
ISBN: 9780756739386
Category :
Languages : en
Pages : 33

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Book Description
Many controversies surround the U.S. tort system, which holds parties liable for injuries to people or property. Critics charge that the system is costly and inefficient, arbitrary and open to abuse, and indirectly harmful through its adverse effects on econ. vitality and consumers' choices. Defenders argue that the tort system serves important social objectives, such as compensating injury victims, improving product safety, and punishing egregious behavior. This study presents an economic perspective on tort liability (TL). It outlines the strengths and weaknesses of TL as a tool for promoting economic efficiency and fairness, discusses the benefits and costs of the tort system, and analyzes the likely effects of various policy options for altering the system.

Economic implications of medical liability claims:

Economic implications of medical liability claims: PDF Author: Brigitte E.S. Jansen
Publisher: BookRix
ISBN: 374383586X
Category : Law
Languages : en
Pages : 43

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Book Description
The issue of Medical Liability in Europe has been intensively discussed since a long time, and it needs revision to come to a harmonisation. In June 2008, the Council of Europe's Public and Private Law Unit (DG-HL Directorate General of Human Rights and Legal Affairs), in co-operation with the Health and Bioethics Divisions (DGIII - Social Cohesion), has organised a 2-day interdisciplinary Conference on "The ever-growing challenge of medical liability: national and European responses". As stated, the aim of the Conference was to gather information, share experiences and examine ways of improving standards of dealing with medical liability in the member states. It is very important to show good practices in the field which simultaneously secure the individual's access to the judiciary while ensuring just compensation for any medical malpractice were examined.