Leiter, Andrea M. Leiter-Scheiring; Winner, Hannes; … - Fachbereich Sozial- und Wirtschaftswissenschaften, … - 2011
We analyze the pricing of pain and suffering and, in particular, whether the corresponding compensations are affected … by a court’s approach to value such damages. For this purpose, we use data on pain and suffering verdicts in Austria … and suffering. We find significant higher payments under the lump sum regime, which are not vanishing even after …