Economics of U.S. Tort Liability : A Primer

A CBO Study. Attempts to clarify the issues and policy options surrounding the tort system. Presents an economic perspective on tort liability. Outlines the strengths and weaknesses of tort liability as a tool for promoting economic efficiency and fairness. Discusses the available data on the benefits and costs of the tort system. Analyzes in qualitative terms the likely effects of various policy options for altering the system. Makes no recommendations.United States, Congressional Budget Office Staff is the author of 'Economics of U.S. Tort Liability : A Primer', published 2003 under ISBN 9780160515125 and ISBN 0160515122.