TY  - GEN
T1  - Product liability entering the twenty-first century : the U.S. perspective
A1  - Moore, Michael J., 1953-
A2  - Viscusi, W. Kip
LA  - English
PP  - Washington, D.C.
PB  - AEI-Brookings Joint Center for Regulatory Studies
YR  - 2001
UL  - https://ebooks.jgu.edu.in/Record/jstor_eba_ocm53482642
AB  - Are liability "crises" an inevitable part of the modern industrial landscape' Does the inherent nature of the insurance industry promote recurring liability crises' What have been the effects of the liability reforms of the 1990s' Should lawyers be given de facto regulatory authority' This report provides perspective on these and other key issues concerning the law and economics of products liability. The authors begins with a brief description of the evolution of products liability doctrine in the U.S., up to the point of the liability crisis of the late 1980s. They discuss the economic implications of product risk for both consumers and producers, offer economic hypothesis on the implications of the increased scope of liability and subsequent reforms, and provide an update of trends in litigation and liability law. The book ends with a discussion of pending legislation and prospects for further improvements. Moore and Viscusi make the point that effective liability policy calls for a balancing of the incentives for improved public safety on one hand, and the benefits of new and existing products on the other.
OP  - 44
CN  - KF1296 .M66 2001eb
SN  - 0815798792
SN  - 9780815798798
SN  - 9780815702290
SN  - 0815702299
KW  - Products liability : United States : History.
KW  - Products liability : Economic aspects.
KW  - Responsabilité du fait des produits : États-Unis : Histoire.
KW  - Responsabilité du fait des produits : Aspect économique.
KW  - LAW : Administrative Law & Regulatory Practice.
KW  - LAW : Liability.
KW  - Products liability
KW  - Products liability : Economic aspects
KW  - United States
KW  - History
ER  -