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Punitive Damages: An Economic Analysis
Harvard Law Review, 1998Punitive damages law is one of the more controversial features of the American legal system. Trial and appellate courts have been struggling for many years to develop a coherent set of principles for assessing when punitive damages should be awarded, and at what level.
A. Mitchell Polinsky, Steven Shavell
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ECONOMIC DAMAGE IN SHEEP PSOROPTOSIS
Экономика и предпринимательство, 2023В данной статье рассматриваются основные факторы, формирующие экономический ущерб при псороптозе овец для овцеводческих хозяйств. В результате исследований установлено, что у больных псороптозом животных по сравнении с условно здоровыми, выявлена разница по настригу шерсти и живой массе тела: у взрослых овец - 1,84 кг и 1,91 кг, у ягнят - 1,07 кг и 6 ...
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On the economic efficiency of liquidated damages
Economics Letters, 1994Abstract Recently, Aghion and Bolton ( American Economic Review , 1987, 77, 388–401) have shown that liquidated damages can serve as a barrier to entry and may therefore be socially harmful. In this paper I show that liquidated damages remain excessive and continue to serve as a barrier to entry even in the presence of relationship-specific ...
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The economics of sprout damage in wheat
Agribusiness, 1994Sprouting of wheat due to untimely rains is a frequent occurrence in major wheat-producing areas throughout the world including the United States. This paper examines the local, regional, national, and international effects on supply and demand of incidence of sprouting under different institutional arrangements for controlling entry of sprouted wheat ...
Thomas I. Wahl, A. Desmond O'Rourke
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Environmental damage, abatement and sustainable economic growth
International Journal of Global Environmental Issues, 2004This paper investigates the impact of abatement policies on the environment and economic growth. Environmental damage is a by-product of industrial production. As pollution reduces the welfare of every individual, it constitutes a negative impact of production. We focus on abatement policies to regenerate the environment. In social optimum, we obtain a
K. Vondra, ZAGLER, MARTIN
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The estimation of economical damages: a proposed methodological framerwork
Rivista Italiana di Ragioneria e di Economia Aziendale, 2017The aim of this paper is to propose a standard and general methodological framework based upon economic and business administration theories on economic damages quantification. Our objective is to contribute toward defining a new technical standard for the valuation of economic damages since this issue, to date, despite its theoretical and practical ...
Laghi, Enrico, DI MARCANTONIO, Michele
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DAMAGE ASSESSMENT IN ECONOMIC CRIMES
EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYAThe article examines the relevance of strengthening Russia’s economic security in the context of combating the criminalization of the economy. Attention is paid to two key documents — the National Security Strategy of the Russian Federation and the Strategy of Economic Security of the Russian Federation until 2030, emphasizing the importance of ...
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Exemplary Damages and Economic Analysis
1997Abstract Don Harris has played a leading role in establishing socio-legal studies both as a necessary complement to doctrinal analysis of law and as a major input to policymaking. He has been an inspiration to those of us at the Centre who came from a more or less ‘straight’ legal background and were eager to explore the exciting, but
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Economic Analysis and Antitrust Damages
World Competition, 2006This article considers several economics-related issues in the theory of damages -- especially in private antitrust cases, drawing possible lessons for Europe from US experience. It begins with an overview of different rationales for such damages and their implications.
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