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Insights from psychology have recently found their way into tort law, suggesting that both victims and juries suffer from hedonic misperceptions which are attributed to the psychological phenomena of hedonic adaptation neglect and the focusing illusion, causing victims to exaggerate their...
Persistent link: https://www.econbiz.de/10014177756
The hedonic method is an econometric tool to calculate implicit evaluation of environmental factors by employing the fact that preference of residents is capitalized into housing price. This paper utilizes the change of land price after the radiation contamination caused by the accident at the...
Persistent link: https://www.econbiz.de/10014174905
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liability. The recent proposal that wrongful death victims be awarded hedonic damages in addition to the standard economic …
Persistent link: https://www.econbiz.de/10014220884
The burden of proof is a central feature of adjudication, and analogues exist in many other settings. It constitutes an important but largely unappreciated policy instrument that interacts with the level of enforcement effort and magnitude of sanctions in controlling harmful activity. Models are...
Persistent link: https://www.econbiz.de/10014174145
Although the Supreme Court has twice rejected presumed damages as a remedy for constitutional violations, the Court of Appeals for the Second Circuit has endorsed the remedy at least for certain constitutional torts that result in a “loss of liberty”. Presumed damages for constitutional...
Persistent link: https://www.econbiz.de/10014178727
Although much ink has been spilled over the decision of the Supreme Court in eBay v. Mercexchange to modify the test for equitable relief in patent cases and to nullify the long-standing presumption that victims of infringement are always entitled to permanent injunctions, an obvious point is...
Persistent link: https://www.econbiz.de/10014181833
Recently, there is a growing trend of filing intrafamilial tort actions, especially against spouses. In the past, and, to a certain extent, even at present, immunities existed in common law against tort litigation within the family. Is it appropriate today to block such claims, or should they be...
Persistent link: https://www.econbiz.de/10014184824
liability in such cases of “intraportfolio litigation.” Although corporae managers are typically rewarded for maximizing firm … informational value because the damages awards overstate the intraportfolio harm. Our theory thus provides lawmakers with a …
Persistent link: https://www.econbiz.de/10014185555
precedents in the diffusion of the strict liability rule for manufacturing defects. This new study tests which legal precedents … new state legislation appeared to influence courts’ propensities to adopt the strict liability rule. When the executive … Democratic Party – state courts were more inclined to adopt the strict liability rule. This last result contradicts an economic …
Persistent link: https://www.econbiz.de/10014205979