EconPapers    
Economics at your fingertips  
 

Equivalence Scales, Costs of Children and Wrongful Death Laws

Arthur Lewbel () and Richard Weckstein

Journal of Income Distribution, 1995, vol. 04, issue 2, 2-2

Abstract: Wrongful death laws in the United States contain a concept of ‘net income', loosely defined as the deceased’s income minus his personal expenses. The family’s compensation is determined by a welfare comparison, obtained by introspection on the part of the judge or jury, but incorporating net income information that may be supplied by an economist. The relationship between equivalence scale and net income calculations are discussed, along with implications of equivalence scale identification problems for wrongful death compensation calculations. The net income concept is shown to be very closely related to the calculation of the costs of children.

Date: 1995
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://jid.journals.yorku.ca/index.php/jid/article/view/699 (application/pdf)
Some fulltext downloads are only available to subscribers. See JID website for details.

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:jid:journl:y:1995:v:04:i:2:p:2-2

Access Statistics for this article

More articles in Journal of Income Distribution from Ad libros publications inc. Contact information at EDIRC.
Bibliographic data for series maintained by Timm Boenke ().

 
Page updated 2020-05-06
Handle: RePEc:jid:journl:y:1995:v:04:i:2:p:2-2