The techniques for analysis
of economic damages in commercial litigation vary widely depending on the facts of the case.
There are other
forms of economic damages but these are the most prevalent and they can be recovered in court with successful litigation strategies.
For instance, more accurate data could be used to gauge the effect of wealth on violence, or the
severity of the economic damage inflicted by violent conflict.
There can also be many other
forms of economic damages, such as establishing a life - care plan or medical facility treatment.
The Obama administration recently raised its estimate
of the economic damage caused by carbon emissions by two - thirds, reflecting an improved understanding among independent experts of the impact of rising sea levels and other developments relating to climate change.
Calculation
of economic damages under the Wrongful Death Act is based, in part, on the deceased individual's age, life expectancy, earnings capacity, and character.
Despite the plaintiff submitting
evidence of economic damages in the amount of $ 228,000, as well as substantial non-economic damages, the jury returned a verdict of just $ 300,000.
The system for categorizing hurricanes accounts only for peak wind speeds, but research published in Nature Communications explains why central pressure deficit is a better indicator
of economic damage from storms in the United States.
«The majority
of economic damage of a rise in the minimum wage would occur in a discriminatory fashion, hitting the poorest states the hardest,» Slivinski wrote in 2014.
Since last June, the media climate has been brutally hostile towards leaving: we've heard endless confident
predictions of economic damage; warnings about the prospect of the break - up of the UK; and even the possibility of a return to confrontation in Northern Ireland.
In August 2013, the Organization for Economic Cooperation and Development issued an
analysis of economic damage incurred among the world's largest 136 coastal cities and the damage they will sustain by 2050 under the same conditions.
He's also participated in a major way in DDOS attacks that caused a lot of grief for gamers and a
lot of economic damage to the companies that make and run games.»
On the subject of damages caused by El Nino years, please keep in mind that the references Roger Jr. provided in # 1 are only for a limited
set of economic damage metrics.
Other potential changes, such as altering the end year to something less than the model's unrealistically distant
projections of economic damages (which extend nearly 300 years into the future) as well as alterations to the model's loss function, have the potential to change the model's results drastically.
A recent World Health Organization report suggests that globally climate change could cause an additional 250 000 additional deaths per year between 2030 and 2050, not taking into account factors such as the
effects of economic damage, major heat wave events, river flooding, water scarcity, or human conflict.
And, British and US scientists say, this would be in addition to at least $ 300 tn
of economic damage linked to other consequences of climate change.
The ALA certainly does not disclose to voters that the Obama administration rejected any tightening of the federal ozone standard in 2011
because of the economic damage it would cause.
In fact, there is statistical evidence that the
magnitude of economic damage in the U.S. from hurricanes increases with rising ocean temperature.
Since non-economic damages are often calculated as a
multiple of your economic damages, underestimating medical expenses could also cause you to lose non-economic damages.
In many cases, the value of pain and suffering may be determined by multiplying a
percentage of your economic damages by the number of days that you are expected to be in pain and experience suffering.
The nature and extent
of economic damages truly depends upon the nature of the injury, the permanency of the injury, and the individual who has sustained the injury.
Under current law, the plaintiff would pay a defendant's attorneys fees by taking money from his exemplary and non-economic damages awards and up to 50
percent of his economic damages award.
Economic Damages Reports calculate the present
value of economic damages, i.e. loss of earnings, loss of earnings capacity, and other damages such as household -LRB-» home») services.