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Damages for Incompensable Harms

Research Handbook on the Economics of Torts (Jennifer Arlen, ed., 2012 Forthcoming)

UC Berkeley Public Law Research Paper No. 2111738

44 Pages Posted: 18 Jul 2012  

Robert D. Cooter

University of California, Berkeley - School of Law

David Ennio DePianto

Southern Methodist University - Dedman School of Law

Date Written: March 27, 2012

Abstract

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).

Keywords: torts, damages, incommensurable, economics, compensation

Suggested Citation

Cooter, Robert D. and DePianto, David Ennio, Damages for Incompensable Harms (March 27, 2012). Research Handbook on the Economics of Torts (Jennifer Arlen, ed., 2012 Forthcoming); UC Berkeley Public Law Research Paper No. 2111738. Available at SSRN: https://ssrn.com/abstract=2111738

Robert Cooter

University of California, Berkeley - School of Law ( email )

Berkeley, CA 94720-7200
United States
510-642-0503 (Phone)
510-642-3767 (Fax)

David DePianto (Contact Author)

Southern Methodist University - Dedman School of Law ( email )

P.O. Box 750116
Dallas, TX 75275
United States

HOME PAGE: http://www.law.smu.edu/professor-profiles/depianto

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