Forensic Economics
As defined by National Association of Forensic Economics Board of Directors, Forensic Economics is the scientific discipline that applies economic theories and methods to the issue of pecuniary damages as specified by case law and legislative codes. Topics within forensic economics include:
- the analysis of claims involving persons, workers, firms, or markets for evidence concerning damage liability;
- the calculation of damages in personal and commercial litigation; and,
- the development and use of generally accepted forensic economic methodologies and principles.