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IN EMPLOYMENT LAW CASES? In Employment Law cases, an economic expert evaluates economic damages in employment matters including wrongful termination, sexual harassment, discrimination, wage and overtime issues, and employment contracts. In this context, the economist 1. Develops a theory of damages that explicitly details the basis in the form of a but-for analysis as if the damaging event had not taken place. 2. Uses quantitative data and other information to examine the company or individual in terms of industry, occupation, past and future outcomes, labor markets, and general economic conditions. 3. Makes any necessary adjustments while considering various economic factors, including productivity, inflation, taxes, expected duration of loss, work-life and life expectancy of an individual, and the time-value of money. I want to read about an Employment Law article by Dr. Sase How do we Choose an Economic Expert? How do I contact Dr. Sase?
John Sase, Ph.D. |