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© 2016

Forensic Economics

Assessing Personal Damages in Civil Litigation

  • Frank D. Tinari
Book

Table of contents

  1. Front Matter
    Pages i-xix
  2. Stephen Horner, Frank Slesnick
    Pages 19-32
  3. Gary R. Skoog, James E. Ciecka
    Pages 33-56
  4. Kurt V. Krueger, Gary R. Albrecht
    Pages 57-73
  5. David D. Jones
    Pages 135-144
  6. Joshua Congdon-Hohman, Victor A. Matheson
    Pages 145-160
  7. Frank D. Tinari
    Pages 161-177
  8. Thomas Roney, Timothy Lanning
    Pages 179-190
  9. David I. Rosenbaum, David Schap
    Pages 191-203
  10. Michael L. Brookshire, Frank L. Slesnick
    Pages 205-219
  11. Gary R. Skoog
    Pages 221-244
  12. Frank D. Tinari
    Pages 245-259
  13. Frank D. Tinari
    Pages 279-288
  14. Frank D. Tinari, John O. Ward
    Pages 289-303

About this book

Introduction

This edited collection addresses the major issues encountered in the calculation of economic damages to individuals in civil litigation. In federal and state courts in the United States, as well as in other nations, when one party sues another, the suing party is required not only to prove that the harm was, indeed, caused by the other party, but also to claim and demonstrate that a specified dollar value represents just compensation for the harm. 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.

Keywords

Economic Damages Calculation of Damages Valuation of Damages forensic economists measurement care criminal law development economics employment insurance macroeconomics public economics rating service USA valuation

Editors and affiliations

  • Frank D. Tinari
    • 1
  1. 1.Florham ParkUSA

About the editors

Frank D. Tinari is Professor Emeritus of Economics at Seton Hall University, USA, where he taught for 31 years. He is the author of a college economics textbook and dozens of peer-reviewed articles in the Journal of Forensic Economics, Journal of Legal Economics, Journal of Economic EducationEastern Economic Journal, and others. He founded the Tinari Economics consultancy and has served as Principal Economist of the Sobel Tinari Economics Group. Tinari has written thousands of economic loss appraisals and testified as an expert witness in over 1,000 cases in several states, as well as in dozens of cases before the Special Master of the 911 Victim Compensation Fund. He served on the Board of the National Association of Forensic Economics and was its President from 2005 to 2006.

Contributors

Gary R. Albrecht, Albrecht Economics, USA
Michael L. Brookshire, Marshall University, USA
James E. Ciecka, DePaul University, USA
Joshua Congdon-Hohman, College of the Holy Cross, USA
Stephen M. Horner, Economic Consulting, USA
Thomas R. Ireland, University of Missouri-St. Louis, USA
David D. Jones, Economic Consulting Services, LLC, USA
Kurt V. Krueger, John Ward Economics, USA
Timothy Lanning, Formuzis, Pickersgill & Hunt, Inc., USA
Victor A. Matheson, College of the Holy Cross, USA
James D. Rodgers, Pennsylvania State University, USA
Thomas Roney, Thomas Roney, LLC, USA
David Rosenbaum, University of Nebraska-Lincoln, USA
David Schap, College of the Holy Cross, USA
Gary R. Skoog, Legal Econometrics, Inc.
Frank Slesnick, Bellarmine University, USA
Lawrence M. Spizman, State University of New York at Oswego, USA
John O. Ward, University of Missouri-Kansas City, USA

Bibliographic information

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