Damages for Incompensable Harms
Robert D. Cooter
University of California, Berkeley - School of Law
David Ennio DePianto
Southern Methodist University - Dedman School of Law
March 27, 2012
Research Handbook on the Economics of Torts (Jennifer Arlen, ed., 2012 Forthcoming)
UC Berkeley Public Law Research Paper No. 2111738
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).
Number of Pages in PDF File: 44
Keywords: torts, damages, incommensurable, economics, compensation
Date posted: July 18, 2012
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