Punitive Damages: How Judges and Juries Perform
Civil Justice Survey of State Courts, 1996, we find that juries are significantly more likely to award punitive damages than are judges and award higher levels of punitive damages. Jury awards are also less strongly related to compensatory damages. The differential effect of juries is most pronounced among the largest awards. Juries also tend to award higher levels of compensatory damages, which in turn boost the punitive damages award. The findings are robust with respect to controlling for self-selection of jury or bench trial.
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- Gary S. Becker, 1974.
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NBER Chapters,in: Essays in the Economics of Crime and Punishment, pages 1-54
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