The Significant Association Between Punitive and Compensatory Damages in Blockbuster Cases

The Significant Association Between Punitive and Compensatory Damages in Blockbuster Cases
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ISBN-10 : OCLC:1375290733
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Book Synopsis The Significant Association Between Punitive and Compensatory Damages in Blockbuster Cases by : Martin T. Wells

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.


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