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Debated Damaged

E-book61 pagina’sEngelsDeel 39 →
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In his inaugural lecture, Louis Visscher discusses three forms of ‘debated damages’ from an economic perspective. First, pain and suffering damages for personal injuries are regarded as too low in the Netherlands, but a framework to assess the ‘correct magnitude’ is lacking. Visscher argues that the concept of Quality Adjusted Life Years (QALYs) can offer such a framework. Applying QALYs, the author concludes that Dutch damages indeed are too low. Second, a recent draft bill proposes affection damages for relatives of a victim who is seriously injured or killed. Visscher welcomes this, but argues on the basis of economic insights that the envisaged amounts are too low.Third, mass litigation is not allowed to have the object of seeking monetary compensation. A recent draft bill proposes to strike this prohibition. Visscher welcomes this, because mass damages litigation has several potential benefits. Whether the draft bill sketches aneconomically optimal procedure, however, is questionable.
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ISBN-13
9789462743809
Verschenen
21 augustus 2015

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NSTC 100030547 · CB-relatie 7500275 · Bijgewerkt 6 augustus 2026
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← Catalogus
Omslag van Debated Damaged

Debated Damaged

E-book61 pagina’sEngelsDeel 39 van Erasmus Law Lectures →
Ook verkrijgbaar als
In his inaugural lecture, Louis Visscher discusses three forms of ‘debated damages’ from an economic perspective. First, pain and suffering damages for personal injuries are regarded as too low in the Netherlands, but a framework to assess the ‘correct magnitude’ is lacking. Visscher argues that the concept of Quality Adjusted Life Years (QALYs) can offer such a framework. Applying QALYs, the author concludes that Dutch damages indeed are too low. Second, a recent draft bill proposes affection damages for relatives of a victim who is seriously injured or killed. Visscher welcomes this, but argues on the basis of economic insights that the envisaged amounts are too low.Third, mass litigation is not allowed to have the object of seeking monetary compensation. A recent draft bill proposes to strike this prohibition. Visscher welcomes this, because mass damages litigation has several potential benefits. Whether the draft bill sketches aneconomically optimal procedure, however, is questionable.
In het kort
ISBN-13
9789462743809
Verschenen
21 augustus 2015

Lijkt op dit boek

Alles bekijken →
NSTC 100030547 · CB-relatie 7500275 · Bijgewerkt 6 augustus 2026