Using net discount rates rather than separately projecting wage increases and gross discount rates is one of the two methods allowed and the method seemingly preferred in the most important federal case involving economic methods, Jones & Steel Co. v. Pfeifer (1983). However, as is known by all...

This paper is an overview paper for the “Hedonic Damages--Ten Years Later” symposium held at the January 2000 meetings of the Allied Social Sciences meetings in Boston, Massachusetts. It provides an overview for papers by W. Kip Viscusi, Paul Leigh and Jose Garcia, Ted Miller, Stan V. Smith...

This paper examines trends in court decisions involving hedonic damages as a follow up to an earlier survey of cases described by Ireland, Johnson and Taylor in a 1997 article. The trend continues to be against admissibility of expert economic testimony on hedonic damages or other methods for...