Solving the Punitive Damage Mismatch
There are several reasons underlying the system of punitive damages. Application of these reasons to cases yields differing results. The reasons fall into two categories: those that support awarding additional damages to the plaintiff and those that support extracting more damages from the defendant. When the reasons in favor of extraction exceed those in favor of award, the award should be split between the plaintiff and a fund. This fund should be used to supplement awards when the reasons favoring award exceed those favoring extraction.
Law and Economics | Legal Remedies | Legislation | Torts
Date of this Version
Ari Behar, "Solving the Punitive Damage Mismatch" (May 16, 2004). bepress Legal Series. bepress Legal Series.Working Paper 268.