Malpractice Chimera?

October 22nd, 2010

Peter Orszag, lately of the Obama Administration, offers a fine suggestion for cutting the cost of medical malpractice claims without reducing doctors’ incentives to do their jobs well. Instead of curbing the discretion of juries to award punitive damages – a standard prescription for malpractice reform touted by …

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By Robert Hahn, Peter Passell | Tags: , , , | Category: Health Care Reform | Leave a comment

Heaton and Helland on Court Access

February 10th, 2010

Economists are of two minds about the use of courts to manage civil disputes. On the one hand, the threat of litigation makes contracts enforceable and drives tort settlements, thereby minimizing the need for government regulation. On the other, litigation chews up vast resources. Alas, a striking new …

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By Robert Hahn, Peter Passell | Tags: , , , , , | Category: Interesting Research, Legal Reform | Leave a comment