Economic Foundations of Injury and Death Damages

This volume is a first-rate collection of classic articles covering all major aspects of calculating economic damages in injury and death cases. Selected by some of the foremost practitioners in the field, the 53 articles discuss the concepts, methodologies and reasoning used by forensic economists: they examine issues involving life and worklife expectancy, earnings and earnings capacity, fringe benefits, medical and personal care costs, taxes, discounting, personal consumption, household services, hedonic damages, and the relationship of forensic economics to ethics and the law. The editors have written an authoritative introduction to complement their collection. The volume will be essential reading for practising forensic economists, lawyers and academics in the fields of forensic economics, labor economics and tort law.