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Forensic Economics: Assessing Personal Damages in Civil Litigation

Forensic Economics: Assessing Personal Damages in Civil Litigation

Author: Frank D. Tinari
Publisher: Palgrave Macmillan
ISBN: 9781137571090
Published In: January 2017
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

HKD 2,079.87

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Contents

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This edited collection addresses the major issues encountered in the calculation of economic damages to individuals in civil litigation.

Forensic economists are often called upon to evaluate, measure, and opine on the degree of economic loss that is alleged to have occurred.

Aimed at both practitioners and theorists, the original articles and essays in the edited collection are written by nationally recognized and widely published forensic experts. Its strength is in showcasing theories, methods, and measurements as they differ in a variety of cases, and in its review of the forensic economics literature developed over the past thirty years.

Readers will find informative discussions of topics such as establishing earnings capacity for both adults and infants, worklife probability, personal consumption deductions, taxation as treated in federal and state courts, valuing fringe benefits, discounting theory and practice, the effects of the Affordable Care Act, the valuation of personal services, wrongful discharge, hedonics, effective communication by the expert witness, and ethical issues.

The volume also covers surveys of the views of practicing forensic economists, the connection between law and forensic economics, alternatives to litigation in the form of VCF-like schedules, and key differences among nations in measuring economic damages.

1. An Introduction to the Field of Forensic Economics

Frank D. Tinari

2. The Meaning of Earning Capacity

Stephen M. Horner, Frank L. Slesnick

3. Evolution of Worklife Expectancy Measurement

Gary R. Skoog, James E. Ciecka

4. Personal Consumption and Wrongful Death Damages

Kurt V. Krueger, Gary R. Albrecht

5. Estimating Educational Attainment and Earning Capacity of a Minor Child

Lawrence M. Spizman

6. Incorporating Fringe Benefits in Loss Calculations

James D. Rodgers