Regulation through Litigation PDF
By:W. Kip Viscusi
Published on 2004-05-13 by Brookings Institution Press
Recent high-profile lawsuits involving cigarettes, guns, breast implants, and other products have created new frictions between litigation and regulation. Increasingly, litigation is being used as a financial lever to force companies to accept negotiated regulatory policies—policies that invariably involve less public input and accountability than those arising from government regulation. The process not only usurps the traditional governmental authority for regulation, but also shifts the locus of establishing tax policy from the legislature to the parties involved in the litigation. Citizen interests are not explicitly represented and there is no mechanism to ensure that these outcomes are in society's best interests. By focusing on case studies involving the tobacco industry, guns, lead paint, breast implants, and health maintenance organizations, the contributors to this volume collectively shed light on the likely consequences of regulation through litigation for insurance markets and society at large. They analyze the ramifications of large-scale lawsuits, mass torts, and class actions for the insurance market, and advocate increased public scrutiny of attorney reimbursement and a competitive bidding process for all lawsuits involving government entities as the plaintiffs.
This Book was ranked at 35 by Google Books for keyword Litigation.
Book ID of Regulation through Litigation's Books is ggwC-uHHe38C, Book which was written byW. Kip Viscusihave ETAG "0ndvuRhtd1I"
Book which was published by Brookings Institution Press since 2004-05-13 have ISBNs, ISBN 13 Code is 9780815798859 and ISBN 10 Code is 0815798857
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Book which have "369 Pages" is Printed at BOOK under CategoryLaw
Book was written in en
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