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Now showing items 81-90 of 134
Deterring Inefficient Pharmaceutical Litigation: An Economic Rationale for the FDA Regulatory Compliance Defense
(Seton Hall Law Review, 1994)
This Article examines the interaction between direct regulation of pharmaceuticals under the Federal Food Drug and Cosmetic Act (FDCA) and the indirect regulation of pharmaceuticals provided by common law tort incentives. ...
A Statistical Profile of Pharmaceutical Industry Liability, 1976-1989
(Seton Hall Law Review, 1994)
There is little question that the imposition of constraints on awards and other pro-defendant changes in the liability regime will reduce liability costs. However, the patterns observed in the federal courts are quite ...
Constructive Cigarette Regulation
(Duke Law Journal, 1998)
Professor W. Kip Viscusi argues for a move away from the adversarial approach to tobacco regulation, an approach that is currently embodied in class action lawsuits and the proposed broadening of FDA regulatory power over ...
The Governmental Composition of the Insurance Costs of Smoking
(Journal of Law and Economics, 1999)
The estimated health risks from smoking have significant external financial consequences
for society. Studies at the national level indicate that cigarettes are selffinancing since external costs such as those due to ...
Regulatory Economics in the Courts: An Analysis of Judge Scalia's NHTSA Bumper Decision
(Law & Contemporary Problems, 1987)
The automobile bumper standard issued by the National Highway Traffic Safety Administration (NHTSA) in 1982 was the product of a decade of policy debate.' This debate continued in the courts until ultimately the NHTSA ...
Economic Contests: Comparative Reward Schemes
(Journal of Labor Economics, 1984)
Contests are situations in which an individual's reward depends on his performance relative to others. Students are graded on a curve; the candidate with the most votes gets the political office; the un- derling who performs ...
Worker Learning and Compensating Differentials
(Industrial and Labor Relations Review, 1991)
In the standard compensating wage differential model, workers value their wage and workers' compensation components based on full job risk information. Market forces generate positive wage differentials as ex ante compensation ...
Rates of Time Preference and Consumer Valuations of Automobile Safety and Fuel Efficiency
(Journal of Law and Economics, 1995)
This article estimates hedonic price models for automobiles using a data set on almost 3,000 households from the U.S. Department of Energy Residential Transportation Energy Consumption Survey. The standard hedonic models ...
The Value of Life in Legal Contexts: Survey and Critique
(American Law and Economics Review, 2000)
Estimation of State-Dependent Utility Functions Using Survey Data
(The Review of Economics and Statistics, 1991)
Abstract-Surveys of individual's risk-dollar tradeoffs illuminate not only the local tradeoff rates but also can be used to address more fundamental questions about the structure of
utility functions. This largely unexplored ...