Product Liability

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Research conducted by: RAND Justice, Infrastructure, and Environment; RAND Institute for Civil Justice

Research Briefs (2)

Can Reform Improve the Economic Effects of Product Liability? Evidence From the Pharmaceutical and Medical Device Industries — Jan 1, 1994

This research brief summarizes the economic effects of product liability in the drug and medical device industries, how the system produces those effects, and what kinds of reforms could increase the system's benefits while reducing its costs.

Corporate Liability: How Big Is the Real Price Tag? — Jan 1, 1989

In the last decade, U.S. corporations have faced growing legal liabilities. Peter Reuter tests a framework for analyzing how these liabilities might affect corporations economically, and offers evidence of liability’s influence on corporate behavior.

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Steven Garber

Senior Economist

Steven Garber

Steven Garber is a senior economist at the RAND Corporation and an associate editor of the Journal of Empirical Legal Studies.

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