OtherDOI
Damages for Incompensable Harms
TLDR
In this paper, the authors review the economic analysis of economic damages, show the paradoxes of its extension to non-economic damages, and then turn to the three damage measures, value of statistical life (VSL), happiness equivalent, and Hand Rule Damages (HRD).Abstract:
This paper reviews the economic analysis of economic damages, shows the paradoxes of its extension to non-economic damages, and then turns to the three damage measures — value of statistical life (VSL), happiness equivalent, and Hand Rule Damages (HRD).read more
Citations
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Journal ArticleDOI
The morality of freedom
TL;DR: The idea of speculative reason has been used to resist the moral concept of freedom of choice for a long time as discussed by the authors, and to attack the moral concepts of freedom and, if possible, render it suspect.
Journal ArticleDOI
The Role of the Cost-of-Crime Literature in Bridging the Gap Between Social Science Research and Policy Making
TL;DR: In this paper, the authors review the theoretical paradigm underlying cost-benefit analysis and address some of the critiques of this framework that have arisen within criminal justice circles and other policy areas, highlighting the potential for cost-consideration and important equity criteria to come into conflict.
Journal ArticleDOI
Non-Pecuniary Losses in the Economic Analysis of Torts: a Plea for Ex Ante Determined Damages
Louis Visscher,Vaia Karapanou +1 more
TL;DR: In this paper, the authors use the concept of Quality Adjusted Life Years (QALYs) from the field of health economics to assess the ex ante determined damages for non-fatal injuries.
Book ChapterDOI
The evolution of the law of torts in China: The growth of a liability system
TL;DR: In this article, the authors focus on the rules dealing with tort liabilities embedded in the administrative laws and regulations as well as the judicial interpretations and make a rough assessment of the efficiency implications of the evolution of tort law in China.
References
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Book
Using surveys to value public goods : the contingent valuation method
TL;DR: Mitchell and Carson as discussed by the authors argue that at this time the contingent valuation (CV) method offers the most promising approach for determining public willingness to pay for many public goods, an approach likely to succeed, if used carefully, where other methods may fail.
Journal ArticleDOI
Ecological Momentary Assessment
TL;DR: Ecological momentary assessment holds unique promise to advance the science and practice of clinical psychology by shedding light on the dynamics of behavior in real-world settings.
Posted Content
What Can Economists Learn from Happiness Research
Bruno S. Frey,Alois Stutzer +1 more
TL;DR: The authors report how the economic variables income, unemployment and inflation affect happiness and how institutional factors, in particular the type of democracy and the extent of government decentralization, systematically influence how satisfied individuals are with their life.
Journal ArticleDOI
A Survey Method for Characterizing Daily Life Experience: The Day Reconstruction Method
TL;DR: The DRM's utility is shown by documenting close correspondences between the DRM reports of 909 employed women and established results from experience sampling, and an analysis of the hedonic treadmill shows its potential for well-being research.
Book
The Morality of Freedom
TL;DR: The problem of political freedom is addressed in this paper, where the bounds of authority authority and reason the justification of authority the authority of states, anti-perfectionism neutral political concern the exclusion of ideals.