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UF Law Faculty Publications

2004

Torts

Increased Risk

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Full-Text Articles in Law

The Application Of Finance Theory To Increased Risk Harms In Toxic Tort Litigation, Robert J. Rhee Jan 2004

The Application Of Finance Theory To Increased Risk Harms In Toxic Tort Litigation, Robert J. Rhee

UF Law Faculty Publications

In toxic tort litigation, a plaintiff has no cause of action for increased risk of harm unless that risk is proven by a preponderance of the evidence to lead to a future physical injury. This rule of law is based on an antiquated concept of uncertainty, and evinces the law's detachment from the knowledge gained from other intellectual disciplines and the everyday workings of the world. This article argues that freedom from increased risk should be a legally cognizable interest, the violation of which gives rise to an independent cause of action. When analyzed under finance theory, increased risk harms …