Home -> Law Blog Directory -> Academic Blogs -> Legal Theory Blog
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Academic
: Legal Theory BlogHuang on Emotional Adaptation & Settlement
By Lawrence Solum
Peter H. Huang (Temple University - James E. Beasley School of Law) has posted Emotional Adaptation and Lawsuit Settlements (Columbia Law Review, Vol. 108, December 2008) on SSRN. Here is the abstract:
John Bronsteen, Christopher Buccafusco, and Jonathan Masur argue in Hedonic Adaptation and the Settlement of Civil Lawsuits, 108 Columbia Law Review 1516 (2008) that prolonged litigation allows tort victims to adapt emotionally to even permanent injuries, and hence those lawsuits are more likely to settle and for less than if litigation took less time. This Response demonstrates that such a claim is a facile application of the hedonic adaptation literature with the following three points. First, people care about a lot more than just happiness and unhappiness. Emotions in tort litigation can be cultural evaluations. Tort victims may sue to pursue identity, justice, meaning, or vengeance. In fact, if plaintiffs fear losing litigation options, they are less likely to settle and for more than if their lawsuits proceeded faster. Second, longitudinal and more recent data finds that hedonic adaptation can be very slow and remain incomplete after many years. Third, fostering emotional adaptation via lengthy tort litigation raises a host of ethical issues and normative concerns.
If you are unfamiliar with Bronsteen, Buccafusco, and Masur, be sure to read both articles.
Full post as published by Legal Theory Blog on January 22, 2009 (boomark / email).
Airborne Settlement
Company agrees to pay consumers $23.3 million class action settlement for false advertising.
Shareholder Settlement
R&G Financial Corporation agrees to $39 million securities fraud class action settlement.
Teen Driver Wins Suit
Convenience stores to pay six-figure settlement to underage alcohol buyer in accident settlement.
Child Abuse Settlement
The mother of 6-year-old Brandon Ford has accepted a $1.5 million settlement in a lawsuit that claimed the boy was severely brain damaged while in foster care...
Settlement Proposed in Class Action Against Facebook
Facebook will Close Beacon in Proposed Settlement
Inflated Drug Prices
Dey LP pays $198,000 settlement to Montana Attorney General.

Hedonic Adaptation and the Settlement of Civil Lawsuits (Buccafusco)
Emotional Reactions to Law & Economics - Abstract
Jonathan Masur: "Hedonic Adaptation and the Settlement of Civil Lawsuits"
Huang on Hedge Fund's Role in LBOs
Huang on Securities Laws and Affect, Happiness & Trust








