Calculating Compensation in Cases of Wrongful Death
نویسنده
چکیده
Death statutes in the United States list elements of loss for which a defendent must make compensatory payment. The element that economists as expert witnesses are called upon to calculate is net income, roughly deÞned as the decedents income minus personal expenses. The existence of joint or shared consumption goods complicates the deÞnition and calculation of net income. Net income can be interpreted as the money required for survivors to attain the same standard of living as before. Equivalence scales traditionally used for this type of calculation are ßawed. A new method for calculating net income is proposed, based on a collective household model. JEL codes: K1, D1, J17, C30, I31.
منابع مشابه
Jeter v. Mayo Clinic Arizona [Brief] (2005)
Facts?Belinda and William Jeter sued Mayo Clinic Arizona for the negligent destruction of five frozen pre-embryos. The pre-embryos were derived from Mrs. Jeter?s eggs and Mr. Jeter?s sperm [7], were allowed to develop a couple of days then preserved for future attempts at in vitro [8] fertilization [9]. Five of the pre-embryos were somehow lost during transportation to another clinic, the Arizo...
متن کاملJeter v. Mayo Clinic Arizona [Brief] (2005)
Facts?Belinda and William Jeter sued Mayo Clinic Arizona for the negligent destruction of five frozen pre-embryos. The pre-embryos were derived from Mrs. Jeter?s eggs and Mr. Jeter?s sperm [7], were allowed to develop a couple of days then preserved for future attempts at in vitro [8] fertilization [9]. Five of the pre-embryos were somehow lost during transportation to another clinic, the Arizo...
متن کاملJeter v. Mayo Clinic Arizona [Brief] (2005)
Facts?Belinda and William Jeter sued Mayo Clinic Arizona for the negligent destruction of five frozen pre-embryos. The pre-embryos were derived from Mrs. Jeter?s eggs and Mr. Jeter?s sperm [7], were allowed to develop a couple of days then preserved for future attempts at in vitro [8] fertilization [9]. Five of the pre-embryos were somehow lost during transportation to another clinic, the Arizo...
متن کاملJeter v. Mayo Clinic Arizona [Brief] (2005)
Facts?Belinda and William Jeter sued Mayo Clinic Arizona for the negligent destruction of five frozen pre-embryos. The pre-embryos were derived from Mrs. Jeter?s eggs and Mr. Jeter?s sperm [7], were allowed to develop a couple of days then preserved for future attempts at in vitro [8] fertilization [9]. Five of the pre-embryos were somehow lost during transportation to another clinic, the Arizo...
متن کاملAssessing Compensation Statutes For The Wrongly Convicted
As the discovery of wrongful convictions grows, so does concern in the legal community and public sphere about actual innocence. Though research on miscarriages of justice has grown tremendously, most has focused on the factors contributing to wrongful convictions, with relatively little attention paid to the post-release struggles of exonerees. Specifically, social scientists have not yet exam...
متن کامل