The Significant Association Between Punitive and Compensatory Damages in Blockbuster Cases
Author | : Martin T. Wells |
Publisher | : |
Total Pages | : 0 |
Release | : 2007 |
ISBN-10 | : OCLC:1375290733 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book The Significant Association Between Punitive and Compensatory Damages in Blockbuster Cases written by Martin T. Wells and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article assesses the relation between punitive and compensatory damages in a data set, gathered by Hersch and Viscusi (H-V), consisting of all known punitive damages awards in excess of $100 million from 1985 through 2003. It shows that a strong, statistically significant relation exists between punitive and compensatory awards, a relation that replicates similar findings in nearly all other analyses of punitive and compensatory damages. H-V's claim that no significant relation exists between punitive and compensatory awards in these data appears to be an artifact of questionable regression methodology.