Reforming Products Liability

Reforming the medical professional liability insurance system.

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Products Liability

Products Liability , Signaling and Disclosure

In this paper we examine the behavior of a firm that produces a product with a privatelyobserved safety attribute; that is, consumers cannot observe directly the product’s safety. The firm may, at a cost, disclose its safety prior to sale; alternatively, if a firm does not disclose its safety then consumers can attempt to infer its safety from the price charged. The liability system is importan...

Products Liability--An Analysis of Market Share Liability

Statistical Evidence in Products Liability Litigation

§ 30A:1 Overview § 30A:2 Litigation Context of Statistical Issues § 30A:3 Qualification of Expert Witnesses Who Give Testimony on Statistical Issues § 30A:4 Admissibility of Statistical Evidence—Rules 702 and 703 § 30A:5 Significance Probability § 30A:5.1 Definition of Significance Probability (The “p-value”) § 30A:5.2 The Transposition Fallacy § 30A:5.3 Confusion Between Significance Probabili...