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QUESTION

Suppose that an injurer causes $500,000 in damages to a victim, but only faces a one-in-three chance of being found liable. What is the appropriate

Suppose that an injurer causes $500,000 in damages to a victim, but only faces a one-in-three chance of being found liable.

  1. What is the appropriate magnitude of compensatory damages? (Please enter a whole number.)  
  2. What is the appropriate magnitude of punitive damages? (Enter a whole number.
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