ON THE ECONOMIC WELFARE OF VICTIMS OF AUTOMOBILE ACCIDENTS

THE ECONOMIC WELFARE OF VICTIMS OF AUTOMOBILE ACCIDENTS DEPENDS IN PART ON THE AMOUNT OF COMPENSATION RECEIVED, AND IN PART ON THE TIME LAPSE BETWEEN ACCIDENT AND COMPENSATION. FULFILLMENT OF THESE TWO DIMENSIONS OF ECONOMIC WELFARE VARIES WIDELY, AND IN LARGE PART, NONRANDOMLY AMONG ACCIDENTS. SEVERE HARDSHIPS MAY RESULT WHEN THE AMOUNT OF COMPENSATION FALLS FAR SHORT OF THE ECONOMIC COST OF AN ACCIDENT OR WHEN THE RECEIPT OF COMPENSATION IS LONG DELAYED. THE PURPOSE IS TO ASSESS THE PRESENT SYSTEM OF COMPENSATING VICTIMS OF TRAFFIC ACCIDENTS BY EXPLAINING AND INTERPRETING THE NONRANDOM COMPONENT IN BOTH THE AMOUNTS OF COMPENSATION RECEIVED RELATIVE TO LOSSES SUFFERED, AND THE TIME LAG FROM ACCIDENT TO COMPENSATION. /AUTHOR/

  • Availability:
  • Supplemental Notes:
    • Vol 60, No 1, PP 143-152
  • Publication Date: 1970-3

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Filing Info

  • Accession Number: 00201808
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 27 1970 12:00AM