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Now showing items 21-30 of 134
The Impact of Occupational Safety and Health Regulation, 1973-1983
(Rand Journal of Economics, 1986)
Using a sample of manufacturing industries from 1973 to 1983, this article reexamines
OSHA's impact on workplace safety. Evidence supporting OSHA's effectiveness is stronger than that presented in most previous studies ...
The Determinants of the Disposition of Product Liability Claims and Compensation for Bodily Injury
(The Journal of Legal Studies, 1986)
The frequency and severity of products liability lawsuits have become a matter of increasing importance and concern to the public at large and to American business in particular. The number of product liability cases filed ...
The Risks and Rewards of Criminal Activity: A Comprehensive Test of Criminal Deterrence
(Journal of Labor Economics, 1986)
Whereas previous analyses of criminal deterrence have focused on the effect of criminal enforcement on crime rates, this study analyzes the existence of compensating differentials for criminal pursuits. By analyzing the ...
The Heterogeneity of the Value of Statistical Life: Introduction and Overview
(Journal of Risk and Uncertainty, 2010)
The refinement in worker fatality risk data used in hedonic wage studies and evidence from new stated preference studies have facilitated the exploration of the heterogeneity of the value of statistical life (VSL). Although ...
Do Smokers Underestimate Risks?
(Journal of Political Economy, 1990)
This paper uses a national survey of 3,119 individuals to examine the effect of lung cancer risk perceptions on smoking activity. Both smokers and nonsmokers greatly overestimate the lung cancer risk of cigarette smoking, ...
Juries, Hindsight, and Punitive Damages Awards: Reply to Richard Lempert
(DePaul Law Review, 2002)
Richard Lempert, a Professor of Law and Sociology at the University of Michigan criticized our recent article on judge and jury performance of a punitive damage judgment task, calling it a "failure of a social science case ...
Carcinogen Regulation: Risk Characteristics and the Synthetic Risk Bias
(AEA Papers and Proceedings, 1995)
In this paper, I will explore the decision to regulate natural and synthetic chemicals. To what extent are regulatory decisions driven by the severity of the risk as opposed to the character of the risk exposure? The ...
The Social Costs of Punitive Damages Against Corporations in Environmental and Safety Torts
(Georgetown Law Journal, 1998)
Legal scholars and judges have long expressed concerns over the unpredictability and arbitrariness of punitive damages awards. Proposed remedies, such as restricting punitive damages to narrowly defined circumstances, have ...
Pain and Suffering: Damages in Search of a Sounder Rationale
(Michigan Law & Policy Review, 1996)
Compensation for non-pecuniary losses is one of the most controversial components of tort liability. Newspaper headlines routinely feature occasionally extreme awards, such as the $2.9 million award to the women who spilled ...
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 ...