The Culver - Pfeifer - Monessen Trilogy: A Legal Economic Note

Melville Z. Wolfson and Shael N. Wolfson

Journal of Forensic Economics, 2002, vol. 15, issue 3, 314-316

Abstract: An amount to cover a future loss of earnings is more valuable to the plaintiff if he received the amount today than if he received the same amount in the future. Therefore, if you decide to award plaintiff an amount for lost future earnings, you must discount it to present value by considering what return would be realized on a relatively risk-free investment. (From Section 4.12 of the pattern jury instructions of the U.S. 5th Circuit Court of Appeal)

JEL-codes: K13 (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.journalofforensiceconomics.com/doi/abs/10.5085/0898-5510-15.3.314 (text/html)
http://www.journalofforensiceconomics.com/doi/pdf/10.5085/0898-5510-15.3.314 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fek:papers:doi:10.5085/0898-5510-15.3.314

DOI: 10.5085/0898-5510-15.3.314

Access Statistics for this article

More articles in Journal of Forensic Economics from National Association of Forensic Economics Contact information at EDIRC.
Bibliographic data for series maintained by Kurt Krueger ( this e-mail address is bad, please contact ).