Forensic economics : assessing personal damages in civil litigation /

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Bibliographic Details
Imprint:New York, NY : Palgrave Macmillan, [2016]
Description:1 online resource
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11269786
Hidden Bibliographic Details
Other authors / contributors:Tinari, Frank D., 1943- editor.
ISBN:9781137563927
1137563923
1137571098
9781137571090
Digital file characteristics:text file
PDF
Notes:Includes bibliographical references and index.
Summary: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.
Other form:Print version: Forensic economics. [Place of publication not identified] : Palgrave Macmillan, 2016 1137571098 9781137571090
Standard no.:10.1057/978-1-137-56392-7

MARC

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245 0 0 |a Forensic economics :  |b assessing personal damages in civil litigation /  |c Frank D. Tinari, editor. 
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505 0 |a An introduction to the field of forensic economics / Frank D. Tinari -- The meaning of earning capacity / Stephen Horner and Frank Slesnick -- Evolution of worklife expectancy measurement / Gary R. Skoog and James E. Ciecka -- Personal consumption and wrongful death damages / Kurt V. Krueger and Gary R. Albrecht -- Estimating educational attainment and earning capacity of a minor child / Lawrence M. Spizman -- Incorporating fringe benefits in loss calculations / James D. Rodgers -- Federal and state income tax aspects in forensic economics / David Schap -- Issues in employment litigation analysis applying discount rates / David D. Jones -- Potential effects of the Affordable Care Act on loss calculations / Joshua Congdon-Hohman and Victor A. Matheson -- Challenges in valuing loss of services / Frank D. Tinari -- Issues in employment litigation analysis / Thomas Roney and Timothy Lanning -- Differences among state court jurisdictions in damages calculations / David I. Rosenbaum and David Schap -- Forensic economists and their changing viewpoints over time / Michael L. Brookshire and Frank L. Slesnick -- Hedonic valuation issues / Gary R. Skoog -- Ethical dimensions of forensic economics / Frank D. Tinari -- Understanding law as a part of forensic economic practice / Thomas R. Ireland -- Effective communications as a forensic economist / Frank D. Tinari -- Reflections on the 9/11 Victim Compensation Fund / Frank D. Tinari and John O. Ward -- Differences among nations in measuring economic damages / John O. Ward. 
520 |a 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. 
504 |a Includes bibliographical references and index. 
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