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  • Archive from category "Expert Testimony Cases"
May 31, 2025

Category: Expert Testimony Cases

Expert Testimony Cases

Growth and Discounting of Awards for Future Damages

Monday, 02 December 2013 by CFES
Awards for future damages are discounted to reflect present value — that is, lump-sum awards can generate interest over time, so awards are discounted to account for the “time” value of money. The question is: how much money must be provided today in order to yield (through a safe investment) what the plaintiff will need in
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  • Published in CFES Publications, Expert Testimony Cases
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Identity Theft: Improbable Damages Claims

Monday, 02 December 2013 by CFES
Recently, economists at the Center for Forensic Economic Studies have been asked to analyze improbable damages claims made in matters involving identity theft (misappropriation of credit-card numbers or other personal financial information). These claims are for damage to “inherent credit reputation.” Exactly what “inherent credit reputation” is, how it is damaged, and how it is
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  • Published in CFES Publications, Expert Testimony Cases
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Daubert and Economics

Monday, 02 December 2013 by CFES
By Jerome M. Staller, Ph.D. A recent opinion, Elcock v. Kmart Corp., 3rd Cir. no. 98-7472 (Oct. 10, 2000), stands as a good example of the difficulties courts now face in applying Daubert standards of admissibility to non-scientific testimony. Under Kumho Tire Co. v. Carmichael, 526 U.S. 137, 119 S.Ct. 1167 (1999), courts are now
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  • Published in CFES Publications, Expert Testimony Cases
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‘Lost Chance’ Theory Gains Ground

Monday, 02 December 2013 by CFES
by Jerome M. Staller, Ph.D. The “lost chance” theory of recovery is steadily gaining ground in medical malpractice cases involving reduced life expectancy or increased risk of future harm, and also in employment matters. Under the lost-chance theory, a claimant’s recovery is limited by the odds or likelihood that an event would have occurred but
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  • Published in CFES Publications, Expert Testimony Cases
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Testimony on Plaintiff’s Likely Retirement Age

Monday, 02 December 2013 by CFES
by Jerome M. Staller, Ph.D. The U.S. District Court for the District of Delaware has held that an economist may testify on the probable date of retirement of the plaintiff in an Age Discrimination in Employment Act matter. Finch v. Hercules Inc., 941 F.Supp. 1395 (1996). The plaintiff sued his former employer under the ADEA,
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  • Published in CFES Publications, Expert Testimony Cases
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Working With an Expert Economist: 14 Rules

Monday, 02 December 2013 by CFES
By Jerome M. Staller, Ph.D. I began offering my services as an expert economist more than 25 years ago and have testified in literally thousands of cases. This experience qualifies me, I hope, as an expert in the use of experts, especially the use of expert economists. Here, I offer a few insights I have
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  • Published in CFES Publications, Expert Testimony Cases
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