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On the definition and efficiency of punitive damages

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  • Chu, C.Y. Cyrus
  • Huang, Chen-Ying

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  • Chu, C.Y. Cyrus & Huang, Chen-Ying, 2004. "On the definition and efficiency of punitive damages," International Review of Law and Economics, Elsevier, vol. 24(2), pages 241-254, June.
    • Handle: RePEc:eee:irlaec:v:24:y:2004:i:2:p:241-254
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    References listed on IDEAS

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    1. Png, I. P. L., 1987. "Litigation, liability, and incentives for care," Journal of Public Economics, Elsevier, vol. 34(1), pages 61-85, October.
    2. Doughety, Andrew F & Reinganum, Jennifer F, 1997. "Everybody Out of the Pool: Products Liability, Punitive Damages, and Competition," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 13(2), pages 410-432, October.
    3. Spier, Kathryn E, 1997. "A Note on the Divergence between the Private and the Social Motive to Settle under a Negligence Rule," The Journal of Legal Studies, University of Chicago Press, vol. 26(2), pages 613-621, June.
    4. Biggar, Darryl, 1995. "A model of punitive damages in tort," International Review of Law and Economics, Elsevier, vol. 15(1), pages 1-24, January.
    5. Boyd, James & Ingberman, Daniel E., 1999. "Do punitive damages promote deterrence?1," International Review of Law and Economics, Elsevier, vol. 19(1), pages 47-68, March.
    6. Chu, C. Y. Cyrus & Jiang, Neville, 1993. "Are fines more efficient than imprisonment?," Journal of Public Economics, Elsevier, vol. 51(3), pages 391-413, July.
    7. Abraham, Kenneth S & Jeffries, John C, Jr, 1989. "Punitive Damages and the Rule of Law: The Role of Defendant's Wealth," The Journal of Legal Studies, University of Chicago Press, vol. 18(2), pages 415-425, June.
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    Cited by:

    1. Baumann, Florian & Friehe, Tim, 2021. "Products liability, consumer misperceptions, and the allocation of consumers to firms," Economics Letters, Elsevier, vol. 198(C).
    2. Florian Baumann & Tim Friehe & Alexander Rasch, 2018. "Product Liability in Markets for Vertically Differentiated Products," American Law and Economics Review, American Law and Economics Association, vol. 20(1), pages 46-81.
    3. Tim Friehe & Christoph Rößler & Xiaoge Dong, 2020. "Liability for Third-Party Harm When Harm-Inflicting Consumers Are Present Biased," American Law and Economics Review, American Law and Economics Association, vol. 22(1), pages 75-104.
    4. Bhole, Bharat & Wagner, Jeffrey, 2010. "Punitive damages and the recklessness requirement with uninformed injurers," International Review of Law and Economics, Elsevier, vol. 30(3), pages 253-264, September.

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