Author : James S. Kakalik
Publisher : Unknown
Page : 222 pages
File Size : 40,5 Mb
Release : 1988
Category : Costs (Law)
ISBN : STANFORD:36105044033756
Costs and Compensation Paid in Aviation Accident Litigation by James S. Kakalik Pdf
Based on a review of more than 2,000 U.S. airline aviation accident death cases from 1970 to 1984, this report describes the characteristics of the decedents and compares the compensation paid to their survivors with the levels of economic loss they suffered. The study found that the plaintiffs received 71 percent in net compensation, and 29 percent went for transactions costs. The findings indicate that airline accident litigation has higher transactions costs, but a lower ratio of transactions costs to total expenditures than tort litigation in general.