For this case, answer the following

https://www.nytimes.com/2019/03/14/nyregion/sandy-hook-supreme-court.html;

A. A description of the legal matter. Who were the parties? What did the court hold or what did the settlement do? How if at all does this represent a change in the law? What are likely to be the next steps in the matter?

B. Analyze and discuss the economic effects through the tort system. How is the decision/settlement likely to affect real world behaviors? Be sure to include a discussion of how both the level of care and the level of activity in your chosen field might change. Are the economic effects are "good" or "bad" and why? What further legal change would get a "better" result?

C. Analyze and discuss the effects on the legal system. How might the decision/settlement affect other cases? Why did the parties in the gun case not settle? Why did the parties in the OxyContin case settle? What are the likely effects of the decision/settlement on the number and nature of future cases to be filed? What are likely to be the effects on the number of cases going to trial? The plaintiffs' "win rates"?

D. Sketch a model and an empirical test. (1) sketch out a formal, axiomatic model and (2) design an empirical test for a plausible hypothesis.For the model, list assumptions, define terms, and show and analyze at least one result. For the empirical test, state a hypothesis, set the null, discuss what data is needed and what tests might be ran.