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Jurors, Judges, and the Mistreatment of Risk by the Courts

dc.contributor.authorViscusi, W. Kip
dc.date.accessioned2015-01-29T17:47:13Z
dc.date.available2015-01-29T17:47:13Z
dc.date.issued2001
dc.identifier.citation30 J. Legal Stud. 107 (2001)en_US
dc.identifier.urihttp://hdl.handle.net/1803/6890
dc.descriptionarticle published in law journalen_US
dc.description.abstractA 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 low-probability, large-loss cases. They also penalized corporations for undertaking corporate risk analyses that seek to trade off cost versus risk reduction benefits. Jurors' damages assessments were also more prone to error than were responses by a sample of state judges. Judges were less prone to erroneous risk beliefs and less subject to the zero-risk mentality.en_US
dc.format.extent1 PDF (37 pages)en_US
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.publisherJournal of Legal Studiesen_US
dc.subject.lcshJurors -- United States -- Attitudesen_US
dc.subject.lcshJudges -- United States -- Attitudesen_US
dc.subject.lcshRisk assessment -- United Statesen_US
dc.subject.lcshLiability (Law) -- United Statesen_US
dc.subject.lcshTort liability of corporations -- United Statesen_US
dc.titleJurors, Judges, and the Mistreatment of Risk by the Courtsen_US
dc.typeArticleen_US
dc.identifier.ssrn-urihttp://ssrn.com/abstract=239970


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