Contracts between Legal Persons Contract law and the economics of contract have, for the most part, developed independently of each other. In this essay, we briefly review the notion of a contract from the perspective of lawyer, and then use this framework to organize the economics literature on contract. The title, Contracts between Legal Persons, limits the review to that part of contract law...

Obstructive sleep apnea has been associated with a high risk for motor vehicle accidents, probably the highest of all risks due to medical conditions. Treatment of sleep apnea with nasal continuous positive airway pressure appears to reduce the risk of traffic accidents to the one of the general population. The risk for accidents may also be increased in untreated patients in the home and work ...

this enigma that “how should tort law assign monetary values to human lives?” has preoccupied many legal scholars. in responding this question, two independent bodies of law try to redress the personal injuries in the united states;1-tort law, in which the courts use a case-specific numbers to assess damages, making individual differences crucial and 2-regulatory policy, that relies on a unifor...

This paper discusses different needs and approaches to establishing “causation” that are relevant in legal cases involving statistical input based on epidemiological (or more generally observational or population-based) information. We distinguish between three versions of “cause”: the first involves negligence in providing or allowing exposure, the second involves “cause” as it is shown throug...

The exercise of conscience can have far reaching effects. Poor behaviour can be fatal, as it has occurred in various medical scandals over the years. This article takes a wide definition of conscience as its starting point, and argues that the decision-making processes open to society--legal regulation and professional regulation--can serve to limit the options available to an individual and th...