Topic
Damages
About: Damages is a research topic. Over the lifetime, 9365 publications have been published within this topic receiving 89750 citations. The topic is also known as: compensation award.
Papers published on a yearly basis
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17 Mar 2016
TL;DR: In this article, the authors bring together theoretical and empirical work from the research community on four issues central to the evaluation of Superfund: cleanup standards; the liability regime; transaction costs; and natural resource damages.
Abstract: Superfund is roundly criticized as being wasteful and inefficient, excessively stringent and expensive, and plagued by high transaction costs, serious administrative deficiencies and long delays. Despite these criticisms, Superfund has been the subject of little dispassionate study. This book brings together theoretical and empirical work from the research community on four issues central to the evaluation of Superfund: cleanup standards; the liability regime; transaction costs; and natural resource damages. Three empirical studies examine the US Environmental Protection Agency's cleanup decisions, paying particular regard to the role of benefit-cost considerations. Liability issues are assessed in two chapters, one a theoretical analysis of the relative merits of joint-and-several liability as compared with nonjoint liability, the other an examination of the likely financial impact of three alternative liability schemes upon various sectors of the national economy.
19 citations
Journal Article•
19 citations
01 Jan 2000
19 citations
Posted Content•
TL;DR: The payment of hedonic damages based on the value of statistical life will lead to excessive insurance and excessive deterrence in personal injury cases as mentioned in this paper, which will result in rampant double counting and will transform wrongful death awards in a very inefficient and undesirable manner.
Abstract: The payment of hedonic damages based on the value of statistical life will lead to excessive insurance and excessive deterrence in personal injury cases. The value of statistical life can play a constructive role in assessing negligence and liability. The recent proposal that wrongful death victims be awarded hedonic damages in addition to the standard economic damages and noneconomic damages amounts to compensate for the harm to survivors will produce rampant double counting and will transform wrongful death awards in a very inefficient and undesirable manner. Recent attempts to set compensation levels by chaining the value of statistical life with measures of happiness and disability reflect a fundamental misunderstanding of the value of statistical life literature.
19 citations
Book•
01 Jan 2012
TL;DR: The nature of a construction contract is discussed in this article, where the authors discuss the right to payment and varied work of a contract, the time for completion and liquidated damages, and default of the parties.
Abstract: The nature of a construction contract. Formation of contract. Construction of contracts. The right to payment and varied work. Employer's approval and architect's certificates. Excuses for non-performance. Negligence and economic loss. Default of the parties - damages. The time for completion and liquidated damages. Default of the parties - various matters. Various equitable doctrines and remedies. Assignments, substituted contracts and subcontracts. Architects, engineers and surveyors. Public Procurement. Various legislation. Arbitration. The Housing Grants Construction and Regeneration Act 1996. Litigation. The JCT Standard Form of Building Contract (2005). The ICE Form of Contract.
19 citations