We evaluate the effect of tort reform on employer-sponsored health insurance premiums by exploiting state-level variation in the timing of reforms. Using a dataset of healthplans representing over 10 million Americans annually between 1998 and 2006, we find that caps on non-economic damages, collateral source reform, and joint and several liability reform reduce premiums by 1 to 2 percent each....

Pharmaceutical manufacturers decry the purported burdens imposed by Federal regulation when it suits their proprietary interests, yet they sing a wholly different tune when defending product liability suits. As product liability defendants, they unabashedly seek the protective womb of Food and Drug Administration (FDA) regulation, arguing that agency approval of their drug and its labeling prec...

Health 2020: European health and well-being policy. It focuses on supporting the actions of governments society in direction significantly improving population; reducing level inequality receiving medical services; promoting everyone; ensuring that care system is "human-centred". The position World Organization unequivocal – "the most important general issue internationally" patient safety (an ...

Negative and positive externalities pose symmetrical problems to social welfare. The law internalizes negative externalities by providing general tort liability rules. According to such rules, those who cause harm to others should pay compensation. In theory, in the presence of positive externalities, negative liability should apply: those who produce benefits should be paid a compensatory awar...

Abstract This article examines the extent to which tort law can be used incentivise creation of circular value chain and design products that live up requirements economy. In doing so, this focuses in particular on concepts product liability liability. It shows whereas framework has clearly been thought out fit linear chain, central are also sufficiently flexible able take circularity considera...

A securities misrepresentation tort case could be complex since it not only involves multiple subjects but also some reasonable presenting documents mixed-use, which makes difficult to delineate the liability based fully on evidence. What is a fair way distribute in where disclosure obligor knowingly provided false audit material and accounting firm failed effectively identify it? This paper, u...