| Torts and innovation. | |
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MedLine Citation:
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PMID: 19031655 Owner: HSR Status: MEDLINE |
Abstract/OtherAbstract:
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This Essay exposes and analyzes a hitherto overlooked cost of tort law: its adverse effect on innovation. Tort liability for negligence, defective products, and medical malpractice is determined by reference to custom. We demonstrate that courts' reliance on custom and conventional technologies as the benchmark of liability chills innovation and distorts its path. Specifically, recourse to custom taxes innovators and subsidizes replicators of conventional technologies. We explore the causes and consequences of this phenomenon and propose two possible ways to modify tort law in order to make it more welcoming to innovation. |
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Authors:
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Gideon Parchomovsky; Alex Stein |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Michigan law review Volume: 107 ISSN: 0026-2234 ISO Abbreviation: Mich Law Rev Publication Date: 2008 Nov |
Date Detail:
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Created Date: 2008-11-25 Completed Date: 2008-12-02 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 7703728 Medline TA: Mich Law Rev Country: United States |
Other Details:
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Languages: eng Pagination: 285-316 Citation Subset: T |
Affiliation:
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University of Pennsylvania Law School, Philadelphia, Pennsylvania and Bar-Ilan University School of Law, Israel. |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Consumer Product Safety
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legislation & jurisprudence* Culture Diffusion of Innovation* Humans Liability, Legal* Malpractice / legislation & jurisprudence* Social Values United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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