Construct · 1 fields · 1 citations

outrage model of punitive damages: a standalone construct

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Tort law

the finding that people agree on how outrageous conduct is, but translate that outrage into dollar awards in erratic ways.

In tort law, outrage model of punitive damages refers to the finding that people agree on how outrageous conduct is, but translate that outrage into dollar awards in erratic ways. This meaning comes from Kahneman (1998) in Journal of Risk and Uncertainty.[1]

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Nearby constructs

model3 fields · 3 citationsjingle · one word, three constructs punitive damages1 fields · 1 citationsanchor · a standalone construct risk6 fields · 13 citationsjingle · one name, six constructs

References

Kahneman, D., Schkade, D., & Sunstein, C. (1998). Shared Outrage and Erratic Awards: The Psychology of Punitive Damages. Journal of Risk and Uncertainty, 16(1), 49-86. https://doi.org/10.1023/a:1007710408413

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