Abstract
This paper examines the relationship between product safety regulations and product liability actions. It employes regression analysis to test the hypothesis that an increase in product safety regulations has been accompanied by a corresponding increase in product liability actions. Using linear regression equations of the form y = m + bx, two regressions were run. In both sets of regression the independent variable was found to explain a major part of the variance in the dependent variable.
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© 2015 Academy of Marketing Science
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Baron, P., Baron, B.R. (2015). Product Safety Regulations and Product Liability Actions: An Empirical Analysis. In: Bellur, V. (eds) The 1980’s: A Decade of Marketing Challenges. Developments in Marketing Science: Proceedings of the Academy of Marketing Science. Springer, Cham. https://doi.org/10.1007/978-3-319-16976-7_75
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DOI: https://doi.org/10.1007/978-3-319-16976-7_75
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-16975-0
Online ISBN: 978-3-319-16976-7
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