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What a Forensic Economist Needs From a Life Care Planning Expert

Year: 2004

Type: article

Abstract: In most legal venues, a life care plan must be converted to present value to become a measure of damages in litigation. This requires that an economic expert fully understand the life care plan presented by a life care planning expert. This paper considers problems that an economist may have in interpreting a life care plan and provides suggestions for how life care planning experts can assist an economist in overcoming those difficulties. The paper also considers difficulties an economist can cause for a life care planning expert and how the chances of those difficulties can be reduced.

Source: Journal of Life Care Planning

DOI: 10.70385/001c.151376

Authors: Thomas R. Ireland, Stephanie Rizzardi-Pearson

Language: English

Topic: Law, Economics, and Judicial Systems

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W4416824013

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