Punitive damages for oil spills: a look from the economic analysis of law

Authors

DOI:

https://doi.org/10.33539/lumen.2022.v18n1.2557

Keywords:

Tort law, punitive damages, oil spills, environmental damage, environmental sanctions, administrative sanctions

Abstract

Given the difficulties of making an adequate compensation for environmental damage caused by oil spills, this article presents the treatment of Law of Torts and summarizes the American experience in the case of environmental damage caused by oil spills through punitive damages. Likewise, through an Economic Analysis of Law, the evaluation of the efficiency of punitive damages in terms of compensation for environmental damage due to oil spills is presented and compared to administrative sanctions for environmental damage.

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Author Biography

Miguel Ángel Bolaños Rodríguez, Pontificia Universidad Católica del Perú - Lima, Perú

Abogado por la Universidad Nacional San Agustín de Arequipa. Magister en Derecho con mención en Derecho Civil por la Pontificia Universidad Católica del Perú. Profesor Universitario de Derecho.

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Published

2022-07-18

How to Cite

Bolaños Rodríguez, M. Ángel . (2022). Punitive damages for oil spills: a look from the economic analysis of law. Lumen, 18(1), 83–101. https://doi.org/10.33539/lumen.2022.v18n1.2557

Issue

Vol. 18 No. 1 (2022): Lumen: Revista de la Facultad de Derecho

Section

Derecho Ambiental

License

Copyright (c) 2022 Miguel Ángel Bolaños Rodríguez

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.