ECONOMICS ARTICLES PAGE 2

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?

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.

2/16/2011· Economics

Measuring The Loss Of Enjoyment Of Life In Personal Injury Cases In Washington - Hedonic Damages

By: Stan V. Smith

In most courts, the value of a human being is not recognized. According to the laws of many states, your life isn't worth a "plugged nickel" if you no longer work.

11/25/2009· Damages

Lost Inventory and Lost Profits Damage Formulas in Litigation

By: Jay Abrams, ASA, CPA, MBA

This article arose from an actual litigation. To protect the identity of the parties, I usefictional names.

11/25/2009· Damages

Forecasting Cash Flow: Mathematics of the Payout Ratio

By: Jay Abrams, ASA, CPA, MBA

We all have used the Discounted Cash Flow (DCF) method. Many of us would agree that it is generally the best, most comprehensive, theoretically correct valuation model. It also has an empirical reason to be the best, which is that many of us calculate our discount rates using the Ibbotson data in the SBBI annual yearbooks, which are based on publicly traded stock data.

11/25/2009· Accounting

The Bias in Annual (Versus Monthly) Discounting is Immaterial

By: Jay Abrams, ASA, CPA, MBA

This article presents a discussion of the validity of using the mid-year convention from a different point of view than the March 2002 BVR article by Michael Dobner.