Title: Integrating Punishment and Efficiency Concerns in Punitive Damages for Reckless Disregard of Risks to Others
Abstract: Punitive damages deter and punish. Using a social welfare function that incorporates both economic efficiency and a desire for retribution, this paper explores the effects of punitive damages in situations of reckless disregard that might be vie wed as outrageous.
Publication Year: 1997
Publication Date: 1997-01-01
Language: en
Type: preprint
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