This article analyses the heterogeneous character of compensation amounts awarded by insurance companies and the courts. The information source – the Association for Insurance Risk Information (AGIRA) database – covers all surviving victims of injuries resulting from road accidents in France...

The role of expert opinion and its ability to reflect true quality are discussed. If the expert is theoretically expected to make objective decisions, the empirical evidence does not enable clear answers to be established. Using data from the 32 Cuban brands commercialized in France in the years...