Abstract

http://ssrn.com/abstract=992460
 
 

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The Significant Association between Punitive and Compensatory Damages in Blockbuster Cases: A Methodological Primer


Martin T. Wells


Cornell University - School of Law

Theodore Eisenberg


Cornell University - Law School


Journal of Empirical Legal Studies, Vol. 3, p. 169, 2006

Abstract:     
This article assesses the relation between punitive and compensatory damages in a data set, gathered by Hersch and Viscusi (H-V), consisting of all known punitive damages awards in excess of $100 million from 1985 through 2003. It shows that a strong, statistically significant relation exists between punitive and compensatory awards, a relation that replicates similar findings in nearly all other analyses of punitive and compensatory damages. H-V's claim that no significant relation exists between punitive and compensatory awards in these data appears to be an artifact of questionable regression methodology.

Keywords: punitive damages, regression

JEL Classification: C10, K00, K40, K41

Accepted Paper Series


Not Available For Download

Date posted: June 11, 2007  

Suggested Citation

Wells, Martin T. and Eisenberg, Theodore, The Significant Association between Punitive and Compensatory Damages in Blockbuster Cases: A Methodological Primer. Journal of Empirical Legal Studies, Vol. 3, p. 169, 2006. Available at SSRN: http://ssrn.com/abstract=992460

Contact Information

Martin T. Wells
Cornell University - School of Law ( email )
Comstock Hall
Ithaca, NY 14853
United States
607-255-8801 (Phone)
Theodore Eisenberg (Contact Author)
Cornell University - Law School ( email )
524 College Ave
Myron Taylor Hall
Ithaca, NY 14853
United States
607-255-6477 (Phone)
607-255-7193 (Fax)
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