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Article: Stigma damages: property damage and the fear of risk.
- Article from:
- Defense Counsel Journal
- Article date:
- October 1, 1995
- Author:
CopyrightCOPYRIGHT 1995 International Association of Defense Counsels. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Courts are struggling with the public policy considerations of where to draw the line between just compensation and cost to society
Today, more than ever before, concerns about risk abound. Whether it be the risk posed by an abandoned landfill, an inactive industrial site or a farm with a leaking underground storage tank, people fear that environmental risk - health problems or financially devastating legal liability for cleanup or repair - will be overwhelming. Not surprisingly, concern about environmental contamination can affect public perception of the value of property.
An environmental stigma results from perception of uncertainty and risk. It may be ...