Hedonic Damages

By Jerome M. Staller, Ph.D.  and Scott F. Gibson, Esq. The “hedonic damages” theory, under which some experts claim to be able to assign a dollar value to the “enjoyment of life,” has come under attack on two fronts recently — an academic study brings into great question the validity of such testimony, and an opinion

By Chad L. Staller, MBA, JD, MAC What Is Hedonic Damages? Despite repeated stakes through the heart of hedonic-damages testimony — studies showing that the theory is unreliable, new evidence showing that the basis for such testimony in injury cases is nonexistent, and numerous successful motions-in-limine barring such testimony — the economic hedonists are still