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Suppose that a person who is burned in an accident suffers intense pain for 1 week and then fully recovers. The perfect compensation principle says
Suppose that a person who is burned in an accident suffers intense pain for 1 week and then fully
recovers. The perfect compensation principle says that the person should be compensated a sum
of money sufficient to make the victim of an injury equally well off with the money and the
injury as he or should would have been without the money or the injury. How can this principle
be applied to the burn? Why do you expect actual compensation to be imperfect?
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