Overview

Businesses exist to provide goods and services to customers, and in doing so, they take risks. Among these risks is the chance of losing money in lawsuits filed by customers, employees, and others negatively impacted by the business. Insurance provides some protection against these liabilities, but lawsuits still take their toll. This book covers the subject of economic damages and its role in insurance claims, lawsuits, and injunctions against businesses. This book will help the reader to identify economic damages as a component of business liability, describe the business risk posed by economic damages, explain some key determinants of economic damages, and estimate economic damages and business loss in a variety of cases.

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9781949443172

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Scott D. Gilbert, PhD, is an economist with a bachelor's degree from the University of California Berkeley and a PhD from the University of California San Diego. His research interests include econometrics, statistics, financial economics, and antitrust economics. His research appears in leading peer-reviewed journals and in a recent book on antitrust economics. He has taught undergraduate and graduate economics courses for over 20 years, and before his academic career, he served as a research associate for the Federal Reserve Bank of San Francisco. He applies economics as a consultant on employment-related tort cases, antitrust claims, and policy analysis. As an economist expert witness, he has testified many times in the last decade, in state and federal courts across the nation.

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