Economic theory developed in the prior literature indicates that under the joint and several liability imposed by the … under nonjoint liability, and the amount recovered should increase with the number of defendants and with the independence …

Policymakers and the public are concerned about the role of medical malpractice liability in the rising cost of medical … care. We use variation in the generosity of local juries to identify the causal impact of malpractice liability on medical … the ledger, malpractice liability leads to modest reductions in patient mortality; the value of these more than likely …

and 2006, we find that caps on non-economic damages, collateral source reform, and joint and several liability reform …

precautions under the negligence rule; administrative cost advantages of liability deriving from its being applied only when harm … harmful externalities, its actual use has been limited, mainly to the domain of pollution. Liability, in contrast, has great … importance in controlling harmful externalities. I compare the tax and liability here in theory and suggest that the conclusions …

liability does not require the state to determine expected harm - it requires only that injurers pay for harm that occurs …Taxation and liability are compared here as means of controlling harmful externalities. It is emphasized that liability … impractical for a tax to reflect all variables that significantly affect expected harm, whereas efficiency of incentives under …

environment and to liability pressures. Regression analysis finds that liability pressure increases reports of income and practice … reductions, but direct effects on actual income and productivity are less clear. Liability pressures may lead to a specialization … suggests that liability pressure has moderate but significant effects on the specialty …

Reforms to the Joint and Several Liability rule (JSL) are one of the most common tort reforms and have been implemented … potential tortfeasors interact to cause the harm. We then provide evidence that reforms of the JSL rule have been accompanied by …