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Overview"""Are liability """"crises"""" an inevitable part of the modern industrial landscape? Does the inherent nature of the insurance industry promote recurring liability crises? What have been the effects of the liability reforms of the 1990s? Should lawyers be given de facto regulatory authority? This report provides perspective on these and other key issues concerning the law and economics of products liability. The authors begins with a brief description of the evolution of products liability doctrine in the U.S., up to the point of the liability crisis of the late 1980s. They discuss the economic implications of product risk for both consumers and producers, offer economic hypothesis on the implications of the increased scope of liability and subsequent reforms, and provide an update of trends in litigation and liability law. The book ends with a discussion of pending legislation and prospects for further improvements. Moore and Viscusi make the point that effective liability policy calls for a balancing of the incentives for improved public safety on one hand, and the benefits of new and existing products on the other. """ Full Product DetailsAuthor: Michael J. Moore , W. Kip ViscusiPublisher: Rowman & Littlefield Imprint: Brookings Institution Dimensions: Width: 14.10cm , Height: 0.50cm , Length: 21.80cm Weight: 0.086kg ISBN: 9780815702290ISBN 10: 0815702299 Pages: 54 Publication Date: 01 October 2001 Audience: Professional and scholarly , Professional and scholarly , General/trade , Professional & Vocational , Postgraduate, Research & Scholarly Format: Paperback Publisher's Status: Active Availability: Manufactured on demand We will order this item for you from a manufactured on demand supplier. Table of ContentsReviewsAuthor Information"""Michael J. Moore is a visiting associate professor at the Darden School of Business Administration, University of Virginia and a research associate at the National Bureau of Economic Research. W. Kip Viscusi is John F. Cogan Jr. Professor of Law and Economics and director of the Program on Empirical Legal Studies at Harvard Law School.""" Tab Content 6Author Website:Countries AvailableAll regions |