The J-Value formula and law of the WTO
On the evening of Wednesday 19 June, Professor David Collins spoke at the Institution for Mechanical Engineers, along with 2 other speakers.
David’s speech covered the application of a the J-Value formula developed by Professor Philip Thomas of City’s School of Engineering and Mathematical Sciences to the law of the World Trade Organization. The formula assesses how much money should be spent on health and safety precautions based on the cost of lost lives and injury.
David published an article in the Journal of World Trade on how that formula could be used as a tool for judicial decision making in assessing the legitimacy of health and safety regulations by the dispute settlement panels of the World Trade Organization. You can see David’s publications via his SSRN page.