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Wading Through the Muddle of Risk-Utility Analysis

dc.contributor.authorViscusi, W. Kip
dc.identifier.citation39 Am. U. L. Rev. 573 (1990)en_US
dc.description.abstractThe original emphasis of risk-utility analysis on the need for balanced decisions with respect to product liability is a correct and fundamental principle. Moreover, many traditional factors that have been considered are legitimate, but they did not provide a framework for comprehensive and consistent risk-utility judgments. The development in this Article of a series of economic formulations of the risk-utility test is intended to establish a sounder basis for a products liability defect doctrine.en_US
dc.format.extent1 document (43 pages)en_US
dc.publisherAmerican University Law Reviewen_US
dc.subjectRisk-utility analysisen_US
dc.subjectRisk-utility judgmentsen_US
dc.subject.lcshRisk assessmenten_US
dc.subject.lcshProducts liabilityen_US
dc.titleWading Through the Muddle of Risk-Utility Analysisen_US

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