The law and economics of public health

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July 31, 2022 | History

The law and economics of public health

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The fundamental question addressed by this paper is whether or not and the extent to which imposing tort liability on potential injurers improves the public's health. Conceptually, imposing the threat of litigation on potential injurers gives them an incentive to exercise more care than they would absent the threat. While the conclusion might seem to be obvious at first glance, in reality, the conclusion is far from obvious. For one, insurance coverage may blunt incentives to take care. Also, the tort system may operate far less perfectly than the theory would have it. In the end, the question must be answered on the basis of empirical evidence.

Publish Date
Publisher
Now
Language
English
Pages
162

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Previews available in: English

Edition Availability
Cover of: Law and Economics of Public Health
Law and Economics of Public Health
2007, Now Publishers
in English
Cover of: The law and economics of public health
The law and economics of public health
2007, Now
electronic resource / in English

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Book Details


Table of Contents

Abstract
Introduction
Government intervention in markets: alternative approaches
Tort law in an economic framework
Alternative liability rules
Contracts versus torts
Unilateral versus bilateral precautions to avoid accidents
When will applying the negligence rule lead private parties to select a socially optimal precaution level?
Four markets
Tort liability under attack
Motor vehicle accidents, insurance, and tort liability
Context
Four markets
Empirical evidence
Dram shop and social host liability
Rationale
Four markets
Empirical evidence
Medical malpractice
Background and context
Four markets
Empirical evidence
International medical no-fault programs
Tobacco litigation
Rationale for regulation of tobacco products
Latency of tobacco-related injuries
Four markets
Empirical evidence
Litigation involving pharmaceutical, medical device, and vaccine manufacturers
Rationale
Background: regulation of pharmaceuticals, medical devices, and vaccines in the United States
Four markets
Empirical evidence: case studies
Medical no-fault for vaccines
International experience
Empirical evidence: consumer risk perceptions, static and dynamic efficiency
Workers' compensation
Rationale
Four markets
Empirical evidence on effects of workers' compensation on injury-illness duration
Experience rating of workers compensation premiums and rates of occupational injuries and illnesses
The experiences compared
Does tort liability improve the public's health?
If not tort, what are the alternatives?
Public policy implications
Future research
Bottom line
Acknowledgements
References
Updates.

Edition Notes

Title from PDF title page (viewed Jan. 23, 2008).

Offprint. Foundations and trends in microeconomics (Online). Vol. 3, no. 5-6 (2007).

Includes bibliographical references.

Published in
Boston
Series
Foundations and trends in microeconomics -- v. 3, issue 5-6, Foundations and trends in microeconomics -- v. 3, no. 5-6.

Classifications

Dewey Decimal Class
346.03
Library of Congress
K923 .S56 2007eb

The Physical Object

Format
[electronic resource] /
Pagination
1 online resource (ix, 162 pages)
Number of pages
162

ID Numbers

Open Library
OL27069531M
Internet Archive
laweconomicspubl00fran
ISBN 10
1601980752
ISBN 13
9781601980755
OCLC/WorldCat
191079541

Source records

Internet Archive item record

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July 31, 2022 Edited by ImportBot import existing book
July 5, 2019 Created by MARC Bot import new book