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The New Hedonics Primer for Economists and Attorneys, Second Edition
 
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The New Hedonics Primer for Economists and Attorneys, Second Edition (Hardcover)

by John O. Ward (Editor), Thomas R. Ireland (Editor)
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Product Description
This book provides accurate and up-to-date information about the "hedonic damage" concept. This concept has been used to introduce testimony from economic experts on loss of the enjoyment of life in both wrongful death and personal injury litigation. It has also recently been used to introduce testimony about "loss of society" to survivors of decedents.

All of these developments are presented in a balanced format that includes papers defining, supporting, opposing and proposing alternatives to the "hedonic damage" concept in all of its applications. It also considers the impact of the 1993 Daubert v. Merrell Dow mandates of the U.S. Supreme Court on the future of this type of economic expert testimony. In the past four years, a number of states have spoken on whether "hedonic damage" testimony will be permitted. A number of major cases are presented or discussed in this book.

Unlike the original A Hedonics Primer for Economists and Attorneys, this book is focused on controversies that exist within each possible use of the testimony. Several major articles have been retained from the original Primer, but most of the materials contained in the New Primer are included for the first time. In addition to updated case analysis, the book contains sample case development and other tools of importance to practitioners.

The book has been compiled and edited by John O. Ward and Thomas R. Ireland, managing editor and one of the associate editors of the Journal of Forensic Economics, respectively. The two fall on opposite sides of the "hedonic damages" controversy and both clearly present their own approaches and views.


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