The U.S. approach to computing economic damages due to personal injury and wrongful death

Personal Injury and Wrongful Death Damages Calculations: Transatlantic Dialogue

ISBN: 978-1-84855-302-6, eISBN: 978-1-84855-303-3

ISSN: 1569-3759

Publication date: 23 October 2009

Abstract

This chapter examines the legal and scientific approaches taken in the United States for computing economic damages due to personal injury and wrongful death. The U.S. law of tort damages conforms to a general economic valuation of reduced or lost productivity due to injury under the goal of assigning tort damages optimally so that harm in the society is minimized. Today, “economic damages” are defined in every U.S. jurisdiction, and the field of forensic economics has produced a body of literature concerned with accurately measuring them.

Citation

Krueger, K.V. and Albrecht, G.R. (2009), "The U.S. approach to computing economic damages due to personal injury and wrongful death", Ward, J.O. and Thornton, R.J. (Ed.) Personal Injury and Wrongful Death Damages Calculations: Transatlantic Dialogue (Contemporary Studies in Economic and Financial Analysis, Vol. 91), Emerald Group Publishing Limited, Bingley, pp. 193-231. https://doi.org/10.1108/S1569-3759(2009)0000091011

Download as .RIS

Publisher

:

Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited

To read the full version of this content please select one of the options below

You may be able to access this content by logging in via Shibboleth, Open Athens or with your Emerald account.
If you think you should have access to this content, click the button to contact our support team.