Hedonic Damages: Proving Damages for Lost Enjoyment of Living Book PDF, ePub eBook

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Book Descriptions:
For decades, trial attorneys have charged juries with the task of setting a value on the pleasures of living. But how can anyone value the joys of watching your children grow, fall ing in love, of sharing dinner with close friends? The question is so daunting that many juries have shrunk from the task. Trial attorneys often retain economists to calculate the present value of lost earnings or services. While economists routinely calculate the pecuniary damages of a wage earner, they seldom address general damages. Yet surely a human life is worth more than a weekly paycheck. It is a part of the art of a trial lawyer to eloquently portray the life of the decedent such that the jury will award general damages for the loss of human life. Unfortunately, juries had no guidance on the issue of "What is the value of a human life?" Until recently, the only guidance a jury had with respect to the value of human life was the plaintiff's request for damages during summation. Economists can now offer juries guidance on the value of human life in wrongful death cases.

Hedonic Damages: Proving Damages for Lost Enjoyment of Living by Richard A. Palfin, Brent B. Danninger

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