Now showing items 1-3 of 3
Corporate Risk Analysis: A Reckless Act?
(Stanford Law Review, 2000)
Balancing of risk and cost lies at the heart of standard negligence tests and policy analysis approaches to government regulation. Notwithstanding the desirability of using a benefit-cost approach to assess the merits of ...
Jurors, Judges, and the Mistreatment of Risk by the Courts
(Journal of Legal Studies, 2001)
A sample of almost 500 jury-eligible citizens considered a series of experimental situations involving accidents. The juror sample did not properly apply negligence rules, as their errors were particularly great for ...
(The Journal of Legal Studies, 2000)
Risk equity serves as the purported rationale for a wide range of inefficient policy practices, such as the concern that hypothetical individual risks not be too great. This paper proposes an alternative risk equity concept ...