Browsing by Subject "Exemplary damages -- United States"

Now showing items 1-8 of 8

    • The Blockbuster Punitive Damages Awards 
      Viscusi, W. Kip (Emory Law Journalwww.law.emory.edu/elj, 2004)
      This paper provides an analysis of sixty-four punitive damages awards of at least $100 million. Based on an inventory of these cases, there is evidence that these blockbuster awards are highly concentrated geographically, ...
    • The Challenge of Punitive Damages Mathematics 
      Viscusi, W. Kip (The Journal of Legal Studies, 2001)
      Proposals to provide juries with specific numerical instructions for setting punitive damages should bring greater rationality to punitive damages awards. This approach is tested using evidence from 353 jury-eligible ...
    • The Changing Landscape of Blockbuster Punitive Damages Awards 
      Viscusi, W. Kip; Del Rossi, Alison F. (American Law and Economics Review, 2009)
      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 ...
    • Punitive Damages by Numbers: Exxon Shipping Co. v. Baker 
      Hersch, Joni, 1956-; Viscusi, W. Kip (Supreme Court Economic Review, 2010)
      The U.S. Supreme Court decision in Exxon Shipping Co. v. Baker is a landmark that establishes an upper bound ratio of punitive damages to compensatory damages of 1:1 for maritime cases, with potential implications for other ...
    • Punitive Damages: How Jurors Fail to Promote Efficiency 
      Viscusi, W. Kip (Harvard Journal on Legislation, 2002)
      Evidence of corporate risk-cost balancing often leads to inefficient punitive damages awards, suggesting that jurors fail to base their decision making on principles of economic efficiency. In this Article, Professor Viscusi ...
    • Saving Lives Through Punitive Damages 
      Viscusi, W. Kip; Hersch, Joni, 1956- (Southern California Law Review, 2010)
      This Article proposes that the value of statistical life ("VSL ") be used to set the total damages amount needed for deterrence when punitive damages are warranted in wrongful death cases. The appropriate level of total ...
    • The Social Costs of Punitive Damages Against Corporations in Environmental and Safety Torts 
      Viscusi, W. Kip (Georgetown Law Journal, 1998)
      Legal scholars and judges have long expressed concerns over the unpredictability and arbitrariness of punitive damages awards. Proposed remedies, such as restricting punitive damages to narrowly defined circumstances, have ...
    • Why There is No Defense of Punitive Damages 
      Viscusi, W. Kip (The Georgetown Law Journal, 1998)
      My analysis of punitive damages in environmental and products liability cases concludes that these awards impose substantial costs on society, and that abolishing punitive damages would improve social welfare. The two ...