Forensic Economics

Frank D. Tinari is Professor Emeritus of Economics at Seton Hall University, USA, where he taught for 31 years. He is the author of a college economics textbook and dozens of peer-reviewed articles in the Journal of Forensic Economics, Journal of Legal Economics, Journal of Economic Education, Eastern Economic Journal, and others. He founded the Tinari Economics consultancy and has served as Principal Economist of the Sobel Tinari Economics Group. Tinari has written thousands of economic loss appraisals and testified as an expert witness in over 1,000 cases in several states, as well as in dozens of cases before the Special Master of the 911 Victim Compensation Fund. He served on the Board of the National Association of Forensic Economics and was its President from 2005 to 2006. Contributors Gary R. Albrecht, Albrecht Economics, USAMichael L. Brookshire, Marshall University, USAJames E. Ciecka, DePaul University, USAJoshua Congdon-Hohman, College of the Holy Cross, USAStephen M. Horner, Economic Consulting, USA Thomas R. Ireland, University of Missouri-St. Louis, USADavid D. Jones, Economic Consulting Services, LLC, USAKurt V. Krueger, John Ward Economics, USATimothy Lanning, Formuzis, Pickersgill & Hunt, Inc., USAVictor A. Matheson, College of the Holy Cross, USAJames D. Rodgers, Pennsylvania State University, USAThomas Roney, Thomas Roney, LLC, USADavid Rosenbaum, University of Nebraska-Lincoln, USADavid Schap, College of the Holy Cross, USAGary R. Skoog, Legal Econometrics, Inc.Frank Slesnick, Bellarmine University, USALawrence M. Spizman, State University of New York at Oswego, USAJohn O. Ward, University of Missouri-Kansas City, USA

1. An Introduction to the Field of Forensic Economics.- 2. The Meaning of Earning Capacity.- 3. Evolution of Worklife Expectancy Measurement.- 4. Personal Consumption and Wrongful Death Damages.- 5. Estimating Educational Attainment and Earning Capacity of a Minor Child.- 6. Incorporating Fringe Benefits in Loss Calculations.- 7. Federal and State Income Tax Aspects in Forensic Economics; David Schap 8. Issues in Applying Discount Rates.- 9. Potential Effects of the Affordable Care Act on Loss Calculations.- 10. Challenges in Valuing Loss of Services.- 11. Issues in Employment Litigation Analysis.- 12. Differences Among State Court Jurisdictions in Damages Calculations.- 13. Forensic Economists and Their Changing Viewpoints Over Time.- 14. Hedonic Valuation Issues.- 15. Ethical Dimensions of Forensic Economics.- 16. Understanding Law as a Part of Forensic Economic Practice.- 17. Effective Communications as a Forensic Economist.- 18. Reflections on the 911 Victim Compensation Fund.- 19. Differences Among Nations in Measuring Economic Damages.