Abstract
Defective consumer products impose significant costs on consumers and third parties when they cause fatalities and injuries. This Article develops a novel approach to measuring the true extent of such costs, which may not be accurately captured under current methods of estimating the cost of dangerous products. Current analysis rests on a narrowly defined set of costs, excluding certain types of costs. The cost-of-injury estimates utilized in this Article address this omission by quantifying and incorporating these costs to provide a more complete picture of the true impact of defective consumer products. The new estimates help to gauge the true value of the civil liability system.
Original language | English (US) |
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Pages (from-to) | 775-829 |
Number of pages | 55 |
Journal | Cornell journal of law and public policy |
Volume | 18 |
Issue number | 3 |
State | Published - Jun 2009 |
Externally published | Yes |
ASJC Scopus subject areas
- Medicine(all)