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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Forensic Economics: Assessing Personal Damages in Civil Litigation

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Edited by: Frank D. Tinari

ISBN13: 9781137571090
To be Published: November 2016
Publisher: Palgrave Macmillan
Country of Publication: UK
Format: Hardback
Price: £86.00

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.

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Other Jurisdictions , USA
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
7. Federal and State Income Tax Aspects in Forensic Economics
David Schap
8. Issues in Applying Discount Rates
David Jones
9. Potential Effects of the Affordable Care Act on Loss Calculations
Joshua Congdon-Hohman, Victor A. Matheson
10. Challenges in Valuing Loss of Services
Frank D. Tinari
11. Issues in Employment Litigation Analysis
Thomas Roney, Timothy Lanning
12. Differences Among State Court Jurisdictions in Damages Calculations
David Rosenbaum, David Schap
13. Forensic Economists and Their Changing Viewpoints Over Time
Michael L. Brookshire, Frank L. Slesnick
14. Hedonic Valuation Issues
Gary R. Skoog
15. Ethical Dimensions of Forensic Economics
Frank D. Tinari
16. Understanding Law as a Part of Forensic Economic Practice
Thomas R. Ireland
17. Effective Communications as a Forensic Economist
Frank D. Tinari
18. Reflections on the 911 Victim Compensation Fund
Frank D. Tinari, John O. Ward
19. Differences Among Nations in Measuring Economic Damages
John O. Ward