An actuary is typically retained to calculate the net
present value of the damages suffered by the employee.
Not exact matches
It does indeed contain the 0.64 cents / kWh figure cited by Lomborg, in a table labeled «Estimates and Best Guesses
of Damages» with a footnote and accompanying text indicating that the figure is some sort
of average
of a considerable range
of values presented in the report, which extend from at least 8 times smaller to at least 150 times larger.
The discrepancy between the estimates
of the
value of climate
damage stem from radically different views on how much weight the people
of the
present should give to
damages caused by the climate in the distant future.
Whatever the discount rate chosen, the
present value of the, «projected global economic
damage,» would be so infinitesimally small that going out 100 or more years into the future would essentially be meaningless, mathematically.
Let us suppose for the sake
of argument that a ton
of CO2 emitting today will generate $ 20 in
present - discounted
value of net future
damages; this is the «social cost
of carbon.»
This «social and economic
value of carbon» can be represented as the net
present value of economic, social and environmental
damages avoided by removing or preventing carbon dioxide emissions in a given year.
At the risk
of violating the basic economic concept
of «cost», I wonder if there might be a case for defining SCC in terms
of a goal
of stabilizing the climate, rather than the
present value of long term
damages from a disrupted climate.
The
damages from climate change that will accrue 50, 100, or 250 years into the future are impossible to verify, and how much
present value to assign them is purely a matter
of social preference.
The SCC is a loosey - goosey computer model result that attempts to determine the
present value of future
damages that result from climate change caused by pernicious economic activity.
The social cost
of carbon (SCC) for a given year is an estimate, in dollars,
of the
present discounted
value of the
damage caused by a 1 - metric ton increase in CO2 emissions into the atmosphere in that year; or equivalently, the benefits
of reducing CO2 emissions by the same amount in that given year.
Perform
damages and estate - planning computations for occupational salaries, costs
of living, life expectancy, and
present or future
values.
By order dated July 14, 2014, the motion judge, the Honourable Justice Martin S. James
of the Ontario Superior Court
of Justice sitting at Ottawa, granted Mr. Arnone's motion for summary judgment and ordered Best Theratronics to pay (i)
damages equal to the gross amount
of the salary Arnone would have earned until he qualified for an unreduced pension, less payments made to him to satisfy the statutory obligations
of the employer, (ii) $ 65,000 representing the
present value of the loss
of an unreduced pension, (iii) a retirement allowance equal to 30 weeks» pay, and (iv) costs totaling $ 52,280.09.
In larger, catastrophic injury cases where an economist is necessary to however, the
damages are sometimes contested based on the methods used by the economist to reach the
present - day
value of future expenses and lost wages.
Various options are proposed to tackle the issue: rehabilitation vouchers - these address the point
of «phantom» attendance for rehabilitation, but may be complex to administer; all rehabilitation arranged and paid for by defendants - the MoJ notes that this would help speed up access to treatment and increase independence and transparency; no compensation payment towards rehabilitation in low
value claims - the claimant would need to fund this and primary legislation would be needed to achieve this as at
present there is no intention to restrict recovery
of special
damages; expand MedCo to include rehabilitation providers; and introducing fixed recoverable
damages for rehabilitation treatment - the MoJ notes that this could be difficult and invites comment as to whether this would be achieved via a fixed cost per session or by fixing an upper
value limit that can not be exceeded.
Barking Hound argued that the trial court erred in not granting summary judgment on this claim because the plaintiff had failed to
present evidence that the deceased dog had actual market
value, which Barking Hound contends is the sole form
of damages recoverable.
We believe these decisions give guidance for establishing a floor for these
damages, which by their nature are hard to determine because
of the difficulty
of placing a monetary
value on a victim's past,
present, and future pain.
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») se
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») se
damages, i.e. loss
of earnings, loss
of earnings capacity, and other
damages such as household -LRB-» home») se
damages such as household -LRB-» home») services.
Zero - Depreciation Cover When you log an insurance claim, a standard car insurance plan will consider the depreciated
value of the
damaged parts instead
of their
present market
value.