What is appropriate magnitude of punitive damages

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Reference no: EM132222053

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

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

b) What is the appropriate magnitude of punitive damages? (Enter a whole number.)

Reference no: EM132222053

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