Anchoring in the Courtroom: The Effects of Caps on Punitive Damages
Responding to the perception that civil damage awards are out of control, courts and legislatures have pursued tort reform efforts largely aimed at reigning in damage awards by juries. One proposed method for reigning in civil juries is to limit, or cap, the amount that can be awarded for punitive d...
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Veröffentlicht in: | Law and human behavior 1999-06, Vol.23 (3), p.353-373 |
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description | Responding to the perception that civil damage awards are out of control, courts and legislatures have pursued tort reform efforts largely aimed at reigning in damage awards by juries. One proposed method for reigning in civil juries is to limit, or cap, the amount that can be awarded for punitive damages. Despite significant controversy over damage awards and the civil litigation system, there has been little research focusing on the process by which juries determine damages. In particular, there is a paucity of research on the possible effects of placing caps on punitive damages. The present research examines punitive damage caps and reveals an anchoring effect of the caps on both compensatory and punitive damages. A second experiment replicates this effect and examines the moderating effect of bifurcating the compensatory and punitive damage decisions. |
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subjects | Adjudication Adult Analysis of Variance Awards (Jury) Blood Banks - economics Blood Banks - legislation & jurisprudence Compensatory damages Cost Control Defendants Female Fire damage Focalism Human Humans Juries Jurors Legal reform Liability, Legal - economics Male Plaintiffs Punishment Punitive damages Reactance Reward Allocation Settlements & damages Torts Trials United States |
title | Anchoring in the Courtroom: The Effects of Caps on Punitive Damages |
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