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Record Nr. |
UNINA9910826138903321 |
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Autore |
Moore Michael J. <1953-> |
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Titolo |
Product liability entering the twenty-first century : the U.S. perspective / / Michael J. Moore, W. Kip Viscusi |
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Pubbl/distr/stampa |
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Washington, D.C., : AEI-Brookings Joint Center for Regulatory Studies, 2001 |
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ISBN |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (53 p.) |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Products liability - United States - History |
Products liability - Economic aspects |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Bibliographic Level Mode of Issuance: Monograph |
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Nota di bibliografia |
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Includes bibliographical references (p. 41-44). |
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Nota di contenuto |
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Brief history of products liability -- The product liability crisis -- Aftermath, 1988-89 -- Economic model -- Evidence on the consequences of product liability risks -- Evidence on the effects of product liability reforms -- Policy implications of product liability reforms -- Problems and prospects of mass toxic torts. |
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Sommario/riassunto |
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A Brookings Institution Press and American Enterprise Institute publication 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 |
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