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The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses
Born, Patricia - 2006
. The quantile regressions show the greatest effects of joint and several liability limits, noneconomic damages caps, and …
Persistent link: https://www.econbiz.de/10012466583
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An Alternative to the Basic Causal Requirement for Liability under the Negligence Rule
Shavell, Steven - National Bureau of Economic Research - 2023
The primary causal requirement that must be met for a negligent party to be held liable for a harm is a demonstration that the harm would not have occurred if the party had not been negligent. Thus, for a speeding driver to be found liable for harm done in a car accident, it must be shown that...
Persistent link: https://www.econbiz.de/10014287320
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On the Law of the Household : The Principles Used by Parents in Disciplining Their Children
Shavell, Steven - National Bureau of Economic Research - 2023
In this article I first describe the basic principles that parents employ in disciplining their children. The description is based on a survey of parents, the major results of which are that parental sanctions are premised on wrongdoing--not on the mere causation of harm; that parental sanctions...
Persistent link: https://www.econbiz.de/10014248008
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Divorce and Property Division Laws Shape Human Capital Investment
Blair, Peter Q.; Neilson, Elijah - National Bureau of Economic Research - 2023
In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse to initiate the division of the marital assets. Using several causal research designs we show that both men and women are less likely to attain a bachelor's degree in states with...
Persistent link: https://www.econbiz.de/10014337779
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Bankruptcy Exemption of Repo Markets : Too Much Today for Too Little Tomorrow?
Acharya, Viral V.; Anshuman, V. Ravi; Viswanathan, S. - National Bureau of Economic Research - 2024
We examine the desirability of granting "safe harbor" provisions to creditors of financial intermediaries in sale-and-repurchase (repo) contracts. Exemption from an automatic stay in bankruptcy enables financial intermediaries to raise greater liquidity and induces entry of intermediaries with...
Persistent link: https://www.econbiz.de/10014468227
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Reducing Administrative Barriers Increases Take-up of Subsidized Health Insurance Coverage : Evidence from a Field Experiment
Ericson, Keith M. Marzilli; Layton, Timothy J.; … - National Bureau of Economic Research - 2023
Administrative barriers to social insurance program take-up are pervasive, including in subsidized health insurance. We conducted a randomized controlled trial with Massachusetts' Affordable Care Act marketplace to reduce these barriers and other behavioral frictions. We find that a "check the...
Persistent link: https://www.econbiz.de/10013537778
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The Economic Impacts of the Tobacco Settlement
Cutler, David M. - 2000
Recent litigation against major tobacco companies culminated in a Master Settlement Agreement' (MSA) under which the participating companies agreed to compensate most states for Medicaid expenses. We outline the terms of the settlement and analyze whether it was a move toward economic efficiency...
Persistent link: https://www.econbiz.de/10012470990
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Medical Liability, Managed Care, and Defensive Medicine
Kessler, Daniel P. - 2000
Because the optimal level of medical malpractice liability depends on the incentives provided by the health insurance … system, the rise of managed care in the 1990s may affect the relationship between liability reform and defensive medicine. In … this paper, we assess empirically the extent to which managed care and liability reform interact to affect the cost of care …
Persistent link: https://www.econbiz.de/10012471238
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How Liability Law Affects Medical Productivity
Kessler, Daniel P. - 2000
Previous research suggests that "direct" reforms to the liability system -- reforms designed to reduce the level of …
Persistent link: https://www.econbiz.de/10012471241
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Reconsidering Contractual Liability and the Incentive to Reveal Information
Bebchuk, Lucian Arye - 1999
In an earlier work, we analyzed how the legal rules governing contractual liability affect the transfer of information … between the parties to the contract. In particular, we showed how limitations on contractual liability might lead high … liability are and are not socially desirable. In an article forthcoming in the Stanford Law Review, Barry Adler develops a …
Persistent link: https://www.econbiz.de/10012471688