What kinds of information should a jury consider

Assignment Help Microeconomics
Reference no: EM131524096


The controversy surrounding breast implants is a good example of scientific uncertainty. Yanked from the market by the Food and Drug Administration in 1991 because of some evidence of dangerous side effects, breast implants received a reprieve in 1994 when the New England Journal of Medicine published an article that found no evidence of danger. An editorial in the San Jose Mercury News opined regarding the controversy:

The wisdom of letting science settle this question [regarding breast implants] will win the ready assent of everyone. "Scientific certainty" has such a reassuring ring to it. But the implant case is a sterling example of the limits of science. Regarding long-term harm, science often can't provide definitive answers within the time a decision needs to be made. And many policy decisions are out of the realm of science. What level of risk is reasonable for a woman who's lost a breast to cancer? What about reasonable risk for a woman who wants a fuller figure? Who decides what's reasonable? Is cosmetic breast enhancement a misuse of medicine to reinforce outdated notions of female beauty?

1. What kinds of information should a jury consider when deciding whether a plaintiff's claims of damages are reasonable? Anecdotes? The number of plaintiffs filing similar lawsuits? Scientific studies? What does a juror need to know in order to evaluate the quality of a scientific study? Do you think the average juror (or judge for that matter!) in the United States has the ability to critically evaluate the quality of scientific studies?

2. Discuss the questions asked in the last paragraph of the preceding quote. Do these questions relate to uncertainty (scientific or otherwise) or to values? Given the imperfect information available about breast implants, what role should the manufacturers play in deciding what risks are appropriate for which women? What role should government agencies play? What role should individual consumers play?

Reference no: EM131524096


Write a Review


Microeconomics Questions & Answers

  What does the report mean by the burden of the tax

According to a Congressional Budget Office report, the burden of a carbon tax would fall isproportionately on low-income households. What does the report mean by the "burden" of the tax?

  Calculate the loan

As amount of 50,000 was deposited in a bank in January 1st, 2012, calculate the loan when it January 1st, 2016 assuming that interest rate of 10%, yearly, monthly, every 3 months abed every days

  List four variables that would cause a decrease in real gdp

List four variables that would cause a decrease in real GDP (possibly resulting in a recession). Indicate whether changes in each variable increase or decrease aggregate demand or short-run aggregate supply. Next, list four variables that would ca..

  Compare the adjustment process to the new equilibrium

The firms and workers in Alpha form expectations adaptively. The firms and workers in Omega form expectations rationally. Their otherwise identical economies are initially in equilibrium at the natural level of output with 10 percent inflation.

  Estimate additional financing needed

Getrag expects its sales to raise 20 percent next year from its current level of $4.7 million. Getrag has current assets of $660,000, net fixed assets of 1.5 million dollar,

  Raise money for the athletic programs

She sued the board and the superintendent for violation of her right of free speech. Does a teacher have the right to speak against the superintendent and the school board?

  Most economically relevant cost in this situation

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Draw a price-consumptioncurve when the price of x changes

A consumer’s utility function is U(x, y) = 2xy2 . The price of x is Px, theprice of y is Py, and the consumer’s income is I. (x and y do not have to be integers.)a) Derive the equation of the consumer’s demand curve for x.b) With y on the vertical ax..

  Causes the quantity of aggregate output

A shift in tastes toward American goods ______ net exports in the US and causes the quantity of aggregate output demanded to ______ in the US, everything else held constant

  Custom limousines co custom buys cadillac escalades from

custom limousines co. custom buys cadillac escalades from general motors and converts them into limousines a process

  Economists generally agree that u.s. antitrust

Economists generally agree that U.S. antitrust policy is complex, changing over time, divided among several U.S. federal government agencies, and subject to frequent court reversals. The underlying question remains whether the U.S. needs more or less..

  Show indifference curves and an optimum choice

Draw the budget constraint showing the trade-off between lifetime consumption and number of children. (Ignore the fact that children come only in whole numbers!) Show indifference curves and an optimum choice.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd