NHS waste scandal: Handler stripped of contracts

Healthcare Environmental Services had been collecting clinical waste, including body parts.
BBC News – Health
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Weekly Reader: The most baffling contracts of the offseason

Perhaps it’s the term, perhaps it’s the money, perhaps it’s something else. Plus, is Alex Kovalev right about the state of the game?
www.espn.com – NHL

The NFL’s most outsized contracts: 20 players with bloated deals

These are the league’s biggest deals — adjusted for position — that most exceed market value. Welcome to the list, Jimmy Garoppolo.
www.espn.com – NFL

Expiring contracts to watch in NBA trade talks

Which players on expiring deals could be on the move? We look at the potential sellers and trade pieces.
www.espn.com – NBA

Mobile companies overcharging customers after contracts end

The UK government said the firms needed to inform customers when they had paid for their handsets.
BBC News – Technology

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Getting Incentives Right: Improving Torts, Contracts, and Restitution

Getting Incentives Right: Improving Torts, Contracts, and Restitution


Lawyers, judges, and scholars have long debated whether incentives in tort, contract, and restitution law effectively promote the welfare of society. If these incentives were ideal, tort law would reduce the cost and frequency of accidents, contract law would lubricate transactions, and restitution law would encourage people to benefit others. Unfortunately, the incentives in these laws lead to too many injuries, too little contractual cooperation, and too few unrequested benefits. “Getting Incentives Right” explains how law might better serve the social good. In tort law, Robert Cooter and Ariel Porat propose that all foreseeable risks should be included when setting standards of care and awarding damages. Failure to do so causes accidents that better legal incentives would avoid. In contract law, they show that making a promise often causes the person who receives it to change behavior and undermine the cooperation between the parties. They recommend several solutions, including a novel contract called “anti-insurance.” In restitution law, people who convey unrequested benefits to others are seldom entitled to compensation. Restitution law should compensate them more than it currently does, so that they will provide more unrequested benefits. In these three areas of law, “Getting Incentives Right” demonstrates that better law can promote the well-being of people by providing better incentives for the private regulation of conduct.

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