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Featured articles related to Economics, written by Expert Witnesses and Business Consultants on the subject.. Contact Us if you are interested in having your work published on our website and linked to your Profile(s).

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7/30/2018· Intellectual Property

Independent Judiciary Requires Reliability and Factual Credibility in Economic Analysis

By: Keith Mallinson

In a major ruling that underscores judicial independence, federal judge Richard J. Leon has just unconditionally approved the merger between AT&T and Time Warner, rebuffing the US government's effort to stop the $85.4 billion deal.

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1/19/2018· Economics

Using Ex-Ante and Ex-Post Benchmarks in Estimating Damages

By: Dr. Donald M. May

Benchmarks are the basis for damages. But when the assumptions behind the benchmarks fail to stand up to Daubert scrutiny, expert testimony may be excluded.

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12/14/2017· Economics

Why Law Firms Need Internal Controls

By: Michael Garibaldi, CPA, ABV, CFF, CGMA

Most lawyers know how big a problem occupational fraud is in corporate America. They may even count as clients companies that have been defrauded and suffered significant losses. Yet a "not at my firm" attitude persists among many partners who take for granted the honesty and integrity of their colleagues and staff.

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12/14/2017· Economics

Do Managerial Motives Influence Firm Risk Reduction Strategies?

By: Dr. Donald M. May

This article finds evidence consistent with the hypothesis that managers consider personal risk when making decisions that affect firm risk. I find that Chief Executive Officers (CEOs) with more personal wealth vested in firm equity tend to diversify. CEOs who are specialists at the existing technology tend to buy similar technologies. When specialists have many years vested, they tend to diversify, however. Poor performance in the existing lines of business is associated with movements into new lines of business.

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11/8/2017· Economics

The Appropriate Discount Rate In A Lost Earnings Claim

By: David Nolte

Damage experts don’t always agree regarding the appropriate discount rate and underlying methodology for a lost earnings claim and certain commonly applied methods actually provide a windfall to Plaintiffs. The chosen rate can make a meaningful difference in the economic damages conclusion. A recent article, "Lost Compensation Settlement Tool Allows You To Assess Economic Damages Accurately And Efficiently, Under Various Scenarios", demonstrates the significance of the applied rate on damages.

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9/25/2017· Economics

The Income Tax Treatment of Economic Damages Awards

By: Michael D. Pakter

Financial experts are frequently asked aboutthe tax impact of damage awards, both paidand received. The complexities of the InternalRevenue Code (IRC) and judicial interpretations thereofmake determining the taxability of receipts or payments difficult.The same is true when dealing with the taxability of economic damages awarded to plaintiffs in civil actions. Nuances in the IRC and the judicial interpretations may make it difficult for a taxpayer to determine the taxability of his or her proceeds from a litigation award of personal economic damages. Whether or not such is taxable often depends on how the award of economic damages is categorized and/or described in the awarding documents.

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4/23/2014· Economics

The Petroleum Matter or Mess?

By: Dr. Kenneth E. Lehrer

At the present time, the fundamental question is whether the petroleum "event" will turn out to be a blessing or a curse for the United States, especially the nations middle class. The increasing price of petroleum, especially if it remains at elevated levels for a prolonged period of time (say 6 months or longer) could have a pronounced negative effect on the Middle Class. These effects can be broken down into three (3) major categories - direct, indirect and subsequential.

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10/31/2013· Economics

Inflation and the Middle Class - 2011 Onwards

By: Dr. Kenneth E. Lehrer

A person does not have to be too old to truly remember the times (mid 1960's and early 1970's) when gas stations gave away trinkets, toys, glasses, tableware and even "Green Stamps" that could be redeemed for valuable "merchandise" when you purchased a few extra gallons of gasoline. How eager the major gasoline companies were to stimulate sales, create demand and obtain their growing share of middle class consumer dollars.

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5/6/2011· Economics

Why Juries Can Be Trusted

By: Dr. Stan V. Smith

Setting aside the one case in 100,000 that makes headlines, are juries generally capricious and liberal? Are verdicts frequently unreasonable?

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3/17/2011· Economics

Pseudo - Economists - The New Junk Scientists

By: Stan V. Smith

The increased use of economic experts in commercial damage cases, as well as in personal injury and wrongful death cases, has resulted in the emergence of a group of experts who offer economic services but are unqualified and ill-trained in economics.

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