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This paper develops a typology of different behaviors that might be viewed as outrageous by a jury and subjected to punitive damages. The paper derives the level of punitive damages for achieving economic efficiency in four different situation - malice and three settings where a jury might find...
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In this essay, I identify some issues that arise in trying to bring the kind of economics I normally practice to this subject. I proceed by examining the parallels and differences between allocating medical care and several other allocation prob lems, starting with the distribution of income...
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