| dc.contributor.author | Viscusi, W. Kip | |
| dc.contributor.author | Del Rossi, Alison F. | |
| dc.date.accessioned | 2014-08-08T14:43:42Z | |
| dc.date.available | 2014-08-08T14:43:42Z | |
| dc.date.issued | 2009 | |
| dc.identifier.citation | 12 Am. Law Econ. Rev. 116 (2010) | en_US |
| dc.identifier.uri | http://hdl.handle.net/1803/6638 | |
| dc.description.abstract | 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. | en_US |
| dc.format.extent | 1 PDF (66 pages) | en_US |
| dc.format.mimetype | application/pdf | |
| dc.language.iso | en_US | en_US |
| dc.publisher | American Law and Economics Review | en_US |
| dc.subject.lcsh | Exemplary damages -- United States | en_US |
| dc.title | The Changing Landscape of Blockbuster Punitive Damages Awards | en_US |
| dc.type | Article | en_US |
| dc.identifier.ssrn-uri | http://ssrn.com/abstract=1516007 | |
