Evaluating Economic Damages
A Handbook for Attorneys
Published on 21. August 1992
Book
Hardback
256 pages
978-0-89930-763-3 (ISBN)
Description
It is estimated that over one-half of all litigation today is related, in some degree, to issues involving economic damages. This handbook presents the basic elements involved in the evaluation of economic damages associated with wrongful death and personal injury cases. It will assist practicing attorneys to understand, through examples, the conceptual issues involved in the determination of economic damages, and the methods used to evaluated such damages.
The book is divided into two main sections. The first section of the book is devoted to estimation procedures specific to wrongful death cases. Nine key elements involved in an analysis of economic losses are systematically presented and illustrated in separate chapters. Reference tables are included to illustrate the variety of situations which exist, and the impact that changes in key assumptions about the situations have on the analysis. The second section of the book builds upon the concepts developed in the first section, and illustrates how to calculate economic losses in personal injury cases. These chapters also have examples and reference tables to assist the practicing attorney. A glossary of basic economic terms and an extensive bibliography are included.
The book is divided into two main sections. The first section of the book is devoted to estimation procedures specific to wrongful death cases. Nine key elements involved in an analysis of economic losses are systematically presented and illustrated in separate chapters. Reference tables are included to illustrate the variety of situations which exist, and the impact that changes in key assumptions about the situations have on the analysis. The second section of the book builds upon the concepts developed in the first section, and illustrates how to calculate economic losses in personal injury cases. These chapters also have examples and reference tables to assist the practicing attorney. A glossary of basic economic terms and an extensive bibliography are included.
More details
Language
English
Place of publication
United States
Publishing group
Bloomsbury Publishing Plc
Target group
College/higher education
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 18 mm
Weight
537 gr
ISBN-13
978-0-89930-763-3 (9780899307633)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
ALBERT N. LINK is Professor of Economics and Director of the MBA Program at the University of North Carolina at Greensboro. He has written 13 books on topics ranging from entrepreneurship to corporate strategy, and he has published over 50 scholarly articles appearing in the most prestigious economics, business, engineering, and policy journals. In addition, Professor Link is a respected consultant to U.S. govermental agencies and to domestic and international corporations.
Content
An Overview The Concept of Present Value Economic Losses in Wrongful Death Cases Economic Losses in Wrongful Death Cases: An Overview Estimating Future Earnings Estimating Life Expectancy Estimating Worklife and Probability of Employment Estimating Future Tax Liabilities Estimating a Personal Consumption Adjustment Estimating Fringe Benefits Choosing a Discount Rate Special Cases Involving Wrongful Death Non-Market Economic Losses Economic Losses in Wrongful Death Cases: A Summary Economic Losses in Personal Injury Cases Permanent Total Disability Permanent Partial Disability Glossary of Terms References Index