Document Type
Working Paper
Date
8-2011
Embargo Period
3-20-2012
Keywords
Malpractice, Tort Reform, Texas Closed Claims, Damage Caps, Quantile Regression, Maximum Entropy
Disciplines
Economics
Description/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.
Recommended Citation
Friedson, Andrew I. and Kniesner, Thomas J., "Losers and Losers: Some Demographics of Medical Malpractice Tort Reforms" (2011). Center for Policy Research. Paper 159.
http://surface.syr.edu/cpr/159
Source
local input
Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.