What drives tort reform legislation? : an analysis of state decisions to restrict liability torts

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      <subfield code="a">What drives tort reform legislation?</subfield>
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      <subfield code="a">This article studies the timing of state-level tort reform enactments between 1971 and 2005. Using discrete-time hazard models, we find the level of litigation activity -as measured by incurred liability insurance losses, the number of lawyers, and tort cases commenced- to be the most important and robust determinant of tort reform adoption. Political-institutional factors and regional effects -such as Republican control of the state government, single-party control of the legislature and governorship, and a (relatively) conservative political ideology among a state's Democrats- are also associated with quicker reform adoption</subfield>
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      <subfield code="t">The Journal of risk and insurance</subfield>
      <subfield code="d">Nueva York : The American Risk and Insurance Association, 1964-</subfield>
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      <subfield code="g">03/12/2018 Volumen 85 Número 4 - diciembre 2018 , p. 959-991</subfield>
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