NATIONAL ASSOCIATION OF FORENSIC ECONOMICS

Abstract In January 2012, 583 e-mail invitations to complete an electronic survey were sent to National Association of Forensic Economics (NAFE) members, with libraries and attorneys excluded. The return rate was 32.42%, which is almost 9 percentage points higher than the last paper survey in 2003. The survey covered many of the major topics included in earlier surveys, such as values of important economic variables (e.g., discount rates), trends in the practice of forensic economics (e.g., personal sources of earnings), and open-ended questions concerning ethics and reactions to the survey instrument. There were several new questions. Very few respondents have estimated damages in such categories as pain and suffering, companionship, and guidance; few add agency fees to household services estimates; and it is uncommon for respondents to estimate worklife expectancy differently for self-employed persons versus employees.

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NAFE and the Ethics Question

Journal of Forensic Economics ◽

10.5085/jfe.24.1.19 ◽

2013 ◽

Vol 24 (1) ◽

pp. 19-23 ◽

Cited By ~ 2

Author(s):

Robert J. Thornton ◽

Michael L. Brookshire

Keyword(s):

Ethical Issues ◽

Ethical Conduct ◽

National Association ◽

Forensic Economics

Abstract Since its organization in 1986, the National Association of Forensic Economics (NAFE), its members, and its leaders have maintained a focus upon ethical issues facing forensic economists and such related issues as the certification of testifying economists and appropriate standards of qualifications and of ethical conduct. In recent years, NAFE sessions and membership surveys demonstrate that this focus upon ethical issues has not diminished.

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An Updated History of the National Association of Forensic Economics: 2002–2014

Journal of Forensic Economics ◽

10.5085/0898-5510-25.2.175 ◽

2014 ◽

Vol 25 (2) ◽

pp. 175-202 ◽

Cited By ~ 3

Author(s):

James D. Rodgers ◽

Marc A. Weinstein

Keyword(s):

United States ◽

Social Science ◽

The United States ◽

National Association ◽

Active Group ◽

Forensic Economics ◽

History Of ◽

Science Association ◽

Social Science Association

Abstract The National Association of Forensic Economics (NAFE) has approximately 650 members across the United States and in other countries. While the association has been an active group at the annual meetings of the Allied Social Science Association (ASSA) and at other regional meetings of economists, the growth of NAFE in terms of longevity and finances has allowed the organization to develop a more professional presence for its academic and practitioner members. This paper will update the original history of NAFE authored by Michael L. Brookshire in the Litigation Economics Review in 2003 which covered the period from NAFE's inception in 1986 through 2001.

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2017 Survey of NAFE Members: Their Methods, Estimates, and Perspectives

Journal of Forensic Economics ◽

10.5085/438.1 ◽

2018 ◽

Vol 27 (1) ◽

pp. 35-61

Author(s):

David I Rosenbaum ◽

David Schap ◽

Michael R Luthy*

Keyword(s):

Survey Instrument ◽

Return Rate ◽

National Association ◽

Professional Activity ◽

Discount Rates ◽

Economic Variables ◽

Electronic Survey ◽

Forensic Economics ◽

Forensic Practice ◽

E Mail

Abstract In January 2017, 565 e-mail invitations to complete an electronic survey were sent to NAFE (National Association of Forensic Economics) members, with libraries and attorneys excluded. The return rate was 33.1%. The survey covered many of the major topics included in earlier surveys, such as values of important economic variables (e.g., discount rates), trends in the practice of forensic economics (e.g., personal sources of earnings), and open-ended questions concerning ethics and reactions to the survey instrument. The survey also included several new or reworded questions, including a series of questions regarding members' education and level of professional activity designed to enhance their knowledge related to forensic practice.

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Personal Injury and Wrongful Death Damages Calculations: Transatlantic Dialogue

Journal of Forensic Economics ◽

10.5085/jfe.21.2.235 ◽

2010 ◽

Vol 21 (2) ◽

pp. 235-253

Author(s):

Frank Slesnick

Keyword(s):

United States ◽

Economic Loss ◽

The United States ◽

National Association ◽

The Other ◽

European Countries ◽

Personal Injury ◽

Forensic Economics ◽

Pros And Cons ◽

Wrongful Death

Abstract This article carefully reviews the book titled Personal Injury and Wrongful Death Damages Calculations: Transatlantic Dialogue edited by John O. Ward and Robert J. Thornton, published by Emerald Books (2009). The book is a compendium of papers arising from several international meetings sponsored by the National Association of Forensic Economics, which contrasts and compares the methodology utilized in several European countries in comparison with practice in the United States. What is clear from reading the chapters is that European courts depend heavily upon standardized tables when calculating economic loss, with judges adjusting the tables based upon case precedent and individual discretion. U.S. courts, on the other hand, do not depend upon standardized tables and rely more on testimony from experts. The pros and cons of both systems are presented in the book. The article concludes with suggestions for further research.

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