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of no-fault compensation for personal injuries. In explaining the transition from tort liability for personal injuries to …
Persistent link: https://www.econbiz.de/10012892484
paper offers a starting point for a discussion to minimize the uncertainty currently associated with auditors' liability for …
Persistent link: https://www.econbiz.de/10012823389
This lecture for the Foundation for Law, Justice and Society, at Wolfson College, University of Oxford, addresses the cost to society of pharmaceutical mass tort litigation, nearly 15 years after the withdrawal by Merck & Co., Inc. of Vioxx® (rofecoxib) from markets worldwide.When Merck...
Persistent link: https://www.econbiz.de/10012868610
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Building on systems theory and the economics of law, this paper argues that evolutionary models can explain certain … legal evolution, including legal origin theory, are explored …
Persistent link: https://www.econbiz.de/10013018019
In this paper, we seek to demonstrate that, in the case of the public administration's liability for the property in … its custody, the rule of strict liability which seems to be accepted by the Italian Civil Code can be justified in terms … of efficiency only if we are trying to allocate risks in an optimal manner. The strict liability of the public …
Persistent link: https://www.econbiz.de/10012988965
This Article advocates that states' statutes make greater and more systematic use of multiple damages by extending them to a much broader range of intentional, wrongful conduct. Part II of this Article will explain why extra-compensatory relief is called for when tortious conduct is intentional...
Persistent link: https://www.econbiz.de/10013046772
liability, i.e. scope of protection, duty of care, breach of duty, regulatory compliance defense, are examined. Another …
Persistent link: https://www.econbiz.de/10013238344
cost. By focusing only on offsetting escaped liability, the standard law and economic theory fails to account for the core … actual results from the prescriptions of optimal liability and deterrence. The modern Supreme Court jurisprudence is flawed … because it is overbroad. Single-digit multiplier caps underdeter defendants in most cases of ordinary liability because …
Persistent link: https://www.econbiz.de/10013037444