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Article
Damages for Incompensable Harms (forthcoming, with Robert D. Cooter)
Research Handbook on the Economics of Torts (Arlen, ed.) (2013)
  • David E. DePianto, Arizona State University
Abstract

This paper reviews the economic analysis of damages generally, shows the paradoxes that arise when economic analysis is used to evaluate noneconomic damages, and outlines three alternative damage measures: value of statistical life (VSL), happiness equivalent, and Hand Rule Damages (HRD).

Keywords
  • damages,
  • harm,
  • economics,
  • torts,
  • compensation
Disciplines
Publication Date
2013
Publisher Statement
Edward Elgar Publishing Ltd.
Citation Information
David E. DePianto. "Damages for Incompensable Harms (forthcoming, with Robert D. Cooter)" Research Handbook on the Economics of Torts (Arlen, ed.) (2013)
Available at: http://works.bepress.com/david_depianto/2/