Introduction
Daniel Klerman

Explaining the Variance in the Number of Tort Suits across U.S. States and between the United States and England
Richard A. Posner

Tort Liability: A Minefield for Managed Care?
Patricia Danzon

Procedural versus Substantive Controls of Mass Tort Class Actions
George L. Priest

The Fundamental Divergence between the Private and the Social Motive to Use the Legal System
Steven M. Shavell

A Note on the Divergence between the Private and the Social Motive to Settle under a Negligence Rule
Kathryn E. Spier

The Predictability of Punitive Damages
Theodore Eisenberg, John Goerdt, Brian Ostrom, David Rottman, and Martin T. Wells

Are Punitive Damages Really Insignificant, Predictable, and Rational? A Comment on Eisenberg et al.
A. Mitchell Polinsky