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Differences Among Nations in Measuring Economic Damages

  • John O. Ward
Chapter

Abstract

This chapter addresses differences among nations in measuring economic damages arising from three situations that forensic economists (FEs) may encounter in their practice. First, as FEs, we may become involved in cases that are tried in the USA involving the injury or death of a foreign national. Second, an FE may be retained in a case where a US national is injured or dies in a foreign nation and that nation’s rules for recovery of damages may apply in that country’s courts. A third reason for studying the differences among nations in measuring economic damages and resolving tort law in other nations is to learn how such differences impact tort damage determination and resolution in terms of economic efficiency, predictability and equity.

Keywords

European Union Economic Damage Worker Compensation Personal Injury Punitive Damage 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Cases

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Copyright information

© The Author(s) 2016

Authors and Affiliations

  • John O. Ward
    • 1
  1. 1.John Ward EconomicsLeawoodUSA

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