Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/55109
Authors: 
Friedson, Andrew I.
Kniesner, Thomas J.
Year of Publication: 
2011
Series/Report no.: 
Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5921
Abstract: 
Our research examines individual differences in the effects of medical malpractice tort reforms on pre-trial settlement speed and settlement amounts by age and most likely settlement size. Findings of note include that, unlike previously assumed, both absolute and percentage losses from tort reform are small for infants in an asset value sense and that the prime-aged working population is the group most negatively affected by tort reform. Maximum entropy quantile regressions highlight the robustness of our conclusions and reveal that the settlement losses most informative for policy evaluation differ greatly from mean regression estimates.
Subjects: 
medical malpractice
tort reform
Texas closed claims
damage caps
quantile regression
maximum entropy
JEL: 
C21
I18
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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