Forensic Economics Assessing Personal Damages in Civil Litigation
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
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Economics Assessing Personal Damages in Civil Litigation
Edited by Frank
D. Tinari
Forensic Economics
Frank D. Tinari Editor
Forensic Economics Assessing Personal Damages in Civil Litigation
Editor Frank D. Tinari Florham Park, New Jersey, USA
ISBN 978-1-137-57109-0 ISBN 978-1-137-56392-7 DOI 10.1057/978-1-137-56392-7
(eBook)
Library of Congress Control Number: 2016958209 © The Editor(s) (if applicable) and The Author(s) 2016 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover image © Image Source / Getty Images Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Nature America Inc. New York The registered company address is 1 New York Plaza, New York, NY 10004, U.S.A
This book is dedicated to members of several electronic economic discussion lists who willingly contribute their time and talent to help others improve their skills as forensic economists
PREFACE
This volume sits, as it were, on the shoulders of numerous other works produced by forensic economists over the past 30 years. This body of knowledge serves as a foundation for anyone who seeks to work as an economic expert or who desires to learn about the standards of measurement that have been tested and developed in books and peer-reviewed articles. The present volume is an attempt to both look back and look forward over the entire field of personal damage calculations in civil litigation in the USA. Each chapter addresses a major aspect of economic damages calculation, and does so by relaying what forensic economists have learned about that particular topic, and what still needs to be addressed by future research and analysis. Contributors to this volume, by and large, are among the most published and recognized authorities in the field of forensic economics. I want to take this opportunity publicly to thank each of them for their willingness to participate in this project. I trust that readers will benefit
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