Personal Consumption and Single Persons: A Comment

Thomas R. Ireland

Journal of Forensic Economics, 2012, vol. 23, issue 1, 33-39

Abstract: Kurt Krueger's paper on “Personal Consumption and Single Persons” (2011) identifies five approaches for determining the amount that should be subtracted from the income of wrongfully killed single persons living in single person households to account for the personal expenses of those single persons when calculating economic damages in wrongful death circumstances. However, none of Krueger's methods are useful in the large majority of states with conventional Wrongful Death Acts. The reason is not flaws in Krueger's calculations, but flaws in Krueger's understanding of what is required in Wrongful Death Actions.

JEL-codes: K13 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:fek:papers:doi:10.5085/jfe.23.1.33

DOI: 10.5085/jfe.23.1.33

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