Product liability entering the twenty-first century

About this book

"This report examines key issues concerning the law and economics of product liability. The authors begin with a brief description of the evolution of product liability doctrine in the U.S., up to the point of the liability crisis of the late 1980s. They discuss the economic implications of product risk for both consumers and producers, offer economic hypotheses on the implications of the increased scope of liability and subsequent reforms, and provide an update of trends in litigation and liability law."--BOOK JACKET.