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engine that made defamatory suggestions about the claimant. It compares rulings from other jurisdictions on the liability of …
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Since 2007, all insurance intermediaries face negligence liability that is supposed to reallocate risks and set … liability rule influence the agents behavior, or not, and does it influence in the intended way, or not? Do court cases provide … evidence for failure of the current liability rule? Based upon an economic analysis of liability rules, aspects concerning …
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This paper provides a framework to evaluate human life based on civil court decisions on damages for pain and suffering. Using judgements from Germany and Austria over the last 25 years, we calculate an average Value of Damages for Pain and Suffering (VDPS) of about EUR 1.79 millions, with a...
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