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2. Critics of malpractice suits claim that they have contributed significantly to the rise of medical costs and want legislation that would limit the size

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2. Critics of malpractice suits claim that they have contributed significantly to the rise of medical costs and want legislation that would limit the size of awards and lawyers' fees, or otherwise discourage such suits. Many lawyers are concerned that any such legislation would impair the rights of victims of malpractice to be justly compensated for the damages they have suffered. Discuss the equity- efficiency trade-offs. What do you think should be done? ( 20 points)

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