Variability in Punitive Damages: An Empirical Assessment of the U.S. Supreme Court’s Decision in Exxon Shipping Co. v. Baker

2009 ◽  
Author(s):  
Theodore Eisenberg ◽  
Michael Heise ◽  
Martin T. Wells
Keyword(s):  
Punitive Damages ◽  
Empirical Assessment ◽  
The U.S

scholarly journals An Empirical Assessment of Organizational Commitment Using the Side-Bet Theory Approach

2005 ◽  
Vol 47 (3) ◽  
pp. 439-461 ◽  
Author(s):  
Aaron Cohen ◽  
Urs E. Gattiker
Keyword(s):  
Organizational Commitment ◽  
Marital Status ◽  
White Collar ◽  
Theory Approach ◽  
National Data ◽  
Empirical Assessment ◽  
Hierarchical Position ◽  
Bet Theory ◽  
The U.S ◽  
Cross National

According to the side-bet theory, organizational commitment increases with the accumulation of side bets or investments. Cross-national data for seven side-bet indexes (age, tenure, education, marital status, salary, gender, and hierarchical position) were used to test the theory's generalizability. Four hundred and sixty-three white-collar employees in Canada and the U.S. were surveyed. The findings indicated that while organizational commitment levels between Canadian and U.S. respondents were similar, the effects of various side-bet indexes differed between the two countries. The results suggest that previously reported correlations between age, tenure and organizational commitment (e.g. Meyer and Allen 1984) cannot be replicated. The results are discussed in terms of their implications for future investigation of the side-bet theory and organizational commitment.

scholarly journals Inflating Away the Public Debt? An Empirical Assessment

2021 ◽  
Author(s):  
Jens Hilscher ◽  
Alon Raviv ◽  
Ricardo Reis
Keyword(s):  
Public Debt ◽  
New Method ◽  
Inflation Dynamics ◽  
The Real ◽  
The Public ◽  
Empirical Assessment ◽  
Short Run ◽  
Real Value ◽  
The Impact ◽  
The U.S

Abstract This paper proposes a new method for measuring the impact of inflation on the real value of public debt. The distribution of debt debasement is based on two inputs: the distribution of privately held nominal debt by maturity, for which we provide new estimates, and the distribution of risk-adjusted inflation dynamics, for which we provide a novel copula estimator using options data. We find that inflation by itself is unlikely to lower the U.S. fiscal burden significantly because debt is concentrated at short maturities and perceived inflation shocks have little short-run persistence and are small.

scholarly journals Environmental torts and civil punishment

Revista IBERC ◽  
2021 ◽  
Vol 4 (2) ◽  
pp. 131-145
Author(s):  
Andrew Klein
Keyword(s):  
Common Law ◽  
Punitive Damages ◽  
Environmental Damages ◽  
Legal Grounds ◽  
The U.S

This article presents, in its first part, a general expositive overview regarding responsibility for environmental damages on US law, outlining its key guidelines, as well as a brief parallel regarding its differences with Brazilian law. In the second part, the main aspects of punitive damages on US law are discussed, including a description of the circumstances under which states in the U.S. permit punitive damages. In both parts of the text the main jurisprudential cases that concern the topics discussed and that support the legal grounds of the responsibilities that fall upon the defendant are indicated. The approach taken is inductive, according to US common law.

scholarly journals Punitive Damages after BMW v. Gore (1996)

1997 ◽  
Vol 16 (1) ◽  
pp. 163-172
Author(s):  
Fred W. Morgan ◽  
Karl A. Boedecker
Keyword(s):  
Public Policy ◽  
Supreme Court ◽  
Punitive Damages ◽  
Policy Issues ◽  
Tort System ◽  
The U.S

The U.S. Supreme Court handed down its decision in BMW v. Gore (1996) in May. This decision triggered another round of discussions regarding restraints on punitive damages as a part of the overall reform of the U.S. tort system. Here, the authors review the BMW decision and its immediate predecessors to illustrate the essential public policy issues that are associated with proposed limits on punitive damages.

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