3 ms·
Our peers are bad at math or have no conceptual grasp of money in the millions or billions? Maybe juries know a judge will reduce the amount so it's some kind o
by missedthecue 4y ago
Our peers are bad at math or have no conceptual grasp of money in the millions or billions? Maybe juries know a judge will reduce the amount so it's some kind of game theory to ensure they don't low-ball the victim. I'm not certain.
An even better example is BMW, Inc. v Gore where a man sued because the brand new car he purchased had been partially repainted to cover damage caused while it was being shipped to the dealer. The jury awarded him $4 million in punitive damages. BMW appealed and the supreme court agreed it was ridiculous.