Drawing from an array of data sources and focusing on civil jury awards, Bert Kritzer (Minn.), Guangya Liu (Duke), and Neil Vidmar (Duke), in An Exploration of 'Non-Economic' Damages in Civil Jury Awards, explore relations between economic and non-economic damages, as well the degree to which the ratio of non-economic-to-economic damages is informed by the maginitude of economic damages. A summary of their key findings follows.
"We found a mixture of consistent and inconsistent patterns across our various datasets. One fairly consistent pattern was the tendency for the ratio of non-economic to economic damages to decline as the amount of economic damages increased. Moreover, the variability of the ratio also tended to decline as the amount of economic damages increased. We found less consistency in our simple regression models where we predicted the log of non-economic damages from the log of economic damages."
Recent Comments