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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15571 |
来源ID | Working Paper 15571 |
The Changing Landscape of Blockbuster Punitive Damages Awards | |
Alison F. Del Rossi; W. Kip Viscusi | |
发表日期 | 2009-12-03 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This article investigates the determinants of the blockbuster punitive damages awards of at least $100 million. As of the end of 2008, there had been 100 such awards with an average value of $3.0 billion. The U.S. Supreme Court decision in State Farm v. Campbell suggested a single digit upper bound on the punitive damages/compensatory damages ratio, which reduced the annual number of blockbuster awards, the total annual value of blockbuster awards, and the punitive damages/compensatory damages ratio. Applying the 1:1 ratio from Exxon Shipping Co. et al. v. Baker et al. broadly would eliminate most of the blockbuster awards. |
主题 | Other ; Law and Economics |
URL | https://www.nber.org/papers/w15571 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573247 |
推荐引用方式 GB/T 7714 | Alison F. Del Rossi,W. Kip Viscusi. The Changing Landscape of Blockbuster Punitive Damages Awards. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15571.pdf(253KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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