Download or read book The Cost of Accidents written by Guido Calabresi and published by Yale University Press. This book was released on 2008-10-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accident law is currently under review throughout the United States, and indeed the world, as present systems prove increasingly inadequate to handle the mounting costs of automobile accidents. In this pioneering work, Guido Calabresi develops a framework for evaluating different systems of accident law. Defining the goal of accident law as the maximum reduction of accident and accident avoidance costs that can be achieved fairly, he examines ten political and economic choices implied in various approaches to reducing these costs. Calabresi then considers two fundamental problems all systems of accident law must face: who should be held responsible for accident costs, and how should they be valued? He analyzes the fault-insurance system now widely used and finds it wanting on grounds both of cost reduction objectives and fairness. In conclusion, he discusses recent proposals for reform of the law, points out questions they raise, and ends by indicating the two he thinks most likely to prevail and the fundamental conflict between them. “Calabresi’s book is most significant for its first-rate combination of modern economic analysis and legal policy. The methodology and underlying principles extend far beyond the particular subject matter of accident law to many other legal areas that could benefit from economic analysis. In turn, some economic analyses may become the richer for the discussion in this book. It is truly one of those rare important volumes.”—Gerald M Meier
Download or read book The Costs of Accidents written by Guido Calabresi and published by . This book was released on 1972 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating the Human Cost of Transportation Accidents written by Jagadish Guria and published by . This book was released on 2020-03-04 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimating the Human Cost of Transportation Accidents: Methodologies and Policy Implications discusses the estimation methods needed to determine the monetary value of loss of life and quality of life when evaluating transportation safety programs, policies and projects. In addition, it highlights how to overcome the many challenges researchers face in choosing the right values, including estimating loss of life and life quality, examining strengths and weaknesses, and critically analyzing social costs and implications. This book will allow researchers to better formulate accurate social costs, select safety improvement values, and understand limitations.
Download or read book Tragic Choices written by Guido Calabresi and published by W W Norton & Company Incorporated. This book was released on 1978 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a general theoretical account of how societies cope with decisions which they regard as tragic.
Download or read book Costs of Occupational Injuries and Illnesses written by J. Paul Leigh and published by University of Michigan Press. This book was released on 2000 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the debate over health care reform continues, costs have become a critical measure in the many plans and proposals to come before us. Knowing costs is important because it allows comparisons across such disparate health conditions as AIDS, Alzheimer's disease, heart disease, and cancer. This book presents the results of a major study estimating the large and largely overlooked costs of occupational injury and illness--costs as large as those for cancer and over four times the costs of AIDS. The incidence and mortality of occupational injury and illness were assessed by reviewing data from national surveys and applied an attributable-risk-proportion method. Costs were assessed using the human capital method that decomposes costs into direct categories such as medical costs and insurance administration expenses, as well as indirect categories such as lost earnings and lost fringe benefits. The total is estimated to be $155 billion and is likely to be low as it does not include costs associated with pain and suffering or of home care provided by family members. Invaluable as an aid in the analysis of policy issues, Costs of Occupational Injuryand Illness will serve as a resource and reference for economists, policy analysts, public health researchers, insurance administrators, labor unions and labor lawyers, benefits managers, and environmental scientists, among others. J. Paul Leigh is Professor in the School of Medicine, Department of Epidemiology and Preventive Medicine, University of California, Davis. Stephen Markowitz, M.D., is Professor in the Department of Community Health and Social Medicine, City University of New York Medical School. Marianne Fahs is Director of the Health Policy Research Center, Milano Graduate School of Management and Urban Policy, New School University. Philip Landrigan, M.D., is Wise Professor and Chair of the Department of Community Medicine, Mount Sinai Medical Center, New York.
Download or read book The costs of accidents written by Guido Calabresi and published by . This book was released on 1977 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Societal Costs of Motor Vehicle Accidents written by United States. National Highway Traffic Safety Administration and published by . This book was released on 1972 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Analysis of Accident Law written by Steven Shavell and published by Harvard University Press. This book was released on 2007-03-31 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accident law, if properly designed, is capable of reducing the incidence of mishaps by making people act more cautiously. Since the 1960s, a group of legal scholars and economists have focused on identifying the effects of accident law on people's behavior. Steven Shavell’s book is the definitive synthesis of research to date in this new field.
Download or read book The Cost of Accidents to Industry written by Frank Stevens Crawford and published by . This book was released on 1930 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Comparison of Motor Vehicle Accident Cost Data written by Carla J. Heaton and published by . This book was released on 1971 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Injury Impoverished written by Nate Holdren and published by Cambridge University Press. This book was released on 2020-04-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining archival research, critical theory, and gender- and disability-analysis, Nate Holdren argues that Progressive Era reform to employee injury law created new employment discrimination against disabled people and a new injury culture that treated employees and their injuries instrumentally.
Download or read book Automobile Accident Costs and Payments written by Alfred Fletcher Conard and published by William S. Hein. This book was released on 1964 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is a summary of an extensive research project into the economics of reparation for personal injuries, focusing primarily on the costs and payments of automobile accidents.
Download or read book The Cost of Motor Vehicle Accidents written by Wallace I. Little and published by . This book was released on 1960 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study conducted by faculty members of University of Washington College of Business Administration at request of Joint Fact-Finding Committee on Highways, Streets, and Bridges, Washington State Legislature. Direct and indirect economic costs of motor vehicle accidents in Washington State.
Download or read book The Costs to Britain of Workplace Accidents and Work related Ill Health in 1995 96 written by Great Britain. Health and Safety Executive and published by . This book was released on 1999 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides estimates of the costs of workplace injuries and work-related ill health in Great Britain.
Download or read book The Costs of Accidents at Work written by Health And Safety Executive Staff and published by . This book was released on 1993 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: How much does accidental loss cost one's organization? Figures show that it can amount to between 8 and 36 times the total insurance bill. The research reported in this publication was carried out by HSE's Accident Prevention Advisory Unit with the help of industrial firms. It gives detailed results of five comprehensive studies to measure all accidental loss over 13 to 18 week periods. The costing methodology used in the studies is explained and the recording forms reproduced - so that companies can use them to develop a system to measure their own accidental losses.
Download or read book The Future of Law and Economics written by Guido Calabresi and published by Yale University Press. This book was released on 2016-01-28 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, “economic analysis of law,” examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.
Download or read book Estimating the Uninsured Costs of Work related Accidents written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Background Work-related accidents and their associated costs have been a serious concern for management, especially as statistics show that there is no clear relationship between the frequency of injuries and the costs of accidents. Methods A systematic appraisal of available literature was conducted to identify the best approaches to the classification and estimation of insured and uninsured components of work-related accident costs. The appraisal seeks to identify meaningful components and predictors of the cost of accidents. One part of our research specifically focused on the construction industry. The paper proposes a quantitative model to represent the real behaviour of the cost of accidents. A logarithmic distribution is proposed to represent the uninsured cost as a function of the severity of the accident and the occupation of the workforce exposed. Point estimates for administrative costs and production losses are obtained based on a generic case in order to quantify the equation in terms of monetary value. Results The selected publications introduced different methods to aggregate the cost of accidents but failed to provide an explanation of the relationship between the nature of accidents and their associated cost. Only three studies explored both insured and uninsured components and only four utilized incidence-based models. There is a need to move beyond linear ratios as predictors of the uninsured cost of accidents. Based on the exponential behaviour, it is possible to simplify the information required to provide an interval estimate of the cost of accidents. An aggregated study of the cost of accidents is used to allocate cost factors for each different component. For a given workforce composition, it is possible to obtain uninsured cost intervals that range from 0 to 3.5 times the insured costs. The evidence supports a logarithmic relationship between uninsured and insured costs, contrary to the principle of linear ratios. Conclusions An incidence-based method would best represent the nature of accidents. The proposed model requires only basic information about the accident: the severity of the injury and the composition of the workforce exposed. The value added from the model is not only an interval range for the insured costs but also the financial contribution of safety programs to the workplace that is often ignored by employers. This model is applicable in all industries, including the construction industry.
