Forensic economics: Difference between revisions
Econdoctor (talk | contribs) m Corrected the definition of forensic economics. It had been defined as a "scientific discipline" that applies economic theories and methods. Since economics is a scientific discipline, its application cannot be one as well. |
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A graduate degree in economics is the usual qualification of forensic economists. Other persons who provide economic damages related testimony include persons with graduate degrees in business/finance/accounting, financial analysis, and vocational rehabilitation specialists. |
A graduate degree in the relevant field of economics is the usual qualification of forensic economists. Other persons who provide economic damages related testimony include persons with graduate degrees in business/finance/accounting, financial analysis, and vocational rehabilitation specialists. |
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“Forensic Economics: An Overview”<ref>[http://www.palgrave-journals.com/eej/journal/v36/n3/full/eej201027a.html "Forensic Economics: An Overview"], ''Eastern Economic Journal'', Summer 2010, 36 (347-352) by [http://college.holycross.edu/faculty/dschap/website/ David Schap], Professor of Economics, [[College of the holy cross|College of the Holy Cross]], Worcester, MA 01610.</ref> provides additional detail concerning the work of forensic economists. The article appeared as part of a “Symposium on Forensic Economics.”<ref>[http://www.palgrave-journals.com/eej/journal/v36/n3/index.html#Symposium-on-Forensic-Economics “Symposium on Forensic Economics"], ''Eastern Economic Journal'', Summer 2010, 36 (344-412).</ref> |
“Forensic Economics: An Overview”<ref>[http://www.palgrave-journals.com/eej/journal/v36/n3/full/eej201027a.html "Forensic Economics: An Overview"], ''Eastern Economic Journal'', Summer 2010, 36 (347-352) by [http://college.holycross.edu/faculty/dschap/website/ David Schap], Professor of Economics, [[College of the holy cross|College of the Holy Cross]], Worcester, MA 01610.</ref> provides additional detail concerning the work of forensic economists. The article appeared as part of a “Symposium on Forensic Economics.”<ref>[http://www.palgrave-journals.com/eej/journal/v36/n3/index.html#Symposium-on-Forensic-Economics “Symposium on Forensic Economics"], ''Eastern Economic Journal'', Summer 2010, 36 (344-412).</ref> |
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Revision as of 02:31, 22 May 2016
Forensic economics is the application of economics to the detection and quantification of harm from behavior that has become the subject of litigation. See Eric Zitzewitz, “Forensic Economics,” Journal of Economic Literature 2012, 50(3), 731-769, published by the American Economic Association.
(1) The calculation of pecuniary damages in personal and commercial litigation.
(2) The analysis of liability, such as the statistical analysis of discrimination, the analysis of market power in antitrust disputes, and fraud detection.
(3) Other matters subject to legal review, such as public policy analysis, and business, property, and asset valuation.
A graduate degree in the relevant field of economics is the usual qualification of forensic economists. Other persons who provide economic damages related testimony include persons with graduate degrees in business/finance/accounting, financial analysis, and vocational rehabilitation specialists.
“Forensic Economics: An Overview”[1] provides additional detail concerning the work of forensic economists. The article appeared as part of a “Symposium on Forensic Economics.”[2]
See also
Recent Text Books
- Determining Economic Damages, by Gerald D. Martin, James Publishing, Inc., 1988-2011.
- Economic/Hedonic Damages, by Michael Brookshire and Stan V. Smith, Anderson Publishing 1990.
- Economic Foundations of Injury and Death Damages, Roger T. Kaufman, James D. Rodgers, and Gerald D. Martin Editors, Edward Elgar Publishing Company, 2006.
- Measuring Loss in Catastrophic Injury Cases, Kevin Marshall and Thomas R. Ireland and John O. Ward Editors, Lawyers and Judges Publishing Company, 2006.
References
- ^ "Forensic Economics: An Overview", Eastern Economic Journal, Summer 2010, 36 (347-352) by David Schap, Professor of Economics, College of the Holy Cross, Worcester, MA 01610.
- ^ “Symposium on Forensic Economics", Eastern Economic Journal, Summer 2010, 36 (344-412).
External links
Organizational Websites
- NAFE, National Association of Forensic Economics
- AREA, American Rehabilitation Economics Association
- AAEFE, American Academy of Economic and Financial Experts
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