In this paper we investigate the correct magnitude of pain and suffering damages for personal injuries. These damages differ greatly between and within countries, and the law of damages does not provide a framework to assess the correctness of the granted amounts. In our view, Law and Economics...

In this paper I analyze, from a Law and Economics perspective, whether the mere loss of time should be regarded as a compensable non-pecuniary loss. I spend attention to the debate between the Prevention Theory and the Insurance Theory and argue that non-pecuniary losses in general should be...