Product Liability Entering the Twenty-First Century PDF
By:Michael J. Moore,W. Kip Viscusi
Published on 2004-05-13 by Brookings Institution Press
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 existing products on the other.
This Book was ranked at 36 by Google Books for keyword Product Liability.
Book ID of Product Liability Entering the Twenty-First Century's Books is vayqFDPGVhsC, Book which was written byMichael J. Moore,W. Kip Viscusihave ETAG "bqjjOcaDxt8"
Book which was published by Brookings Institution Press since 2004-05-13 have ISBNs, ISBN 13 Code is 9780815798798 and ISBN 10 Code is 0815798792
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