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Journal of Economic Perspectives: Vol. 13 No. 2 (Spring 1999)
JEP Volume. 13, Issue 2 |
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Going for the Gold: Economists as Expert Witnesses
Article Citation
Mandel, Michael J. 1999. "Going for the Gold: Economists as Expert Witnesses."
Journal of Economic Perspectives,
13(2): 113-120.
DOI: 10.1257/jep.13.2.113
DOI: 10.1257/jep.13.2.113
Abstract
The use of economists as expert witnesses and consultants has grown dramatically in recent years, driven by such factors as the explosion of mergers and acquisitions. On the plus side, the expert witness boom will likely lead to better regulatory and legal decisions, while infusing real-world examples into classroom teaching. Yet the growing importance of consulting income could divert time and energy away from academic research and teaching, while impeding intellectual debate. A new standard of behavior for academic economists who serve as expert witnesses and consultants may be needed, including full disclosure of clients.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Mandel, Michael J. (Business Week)
JEL Classifications
A11: Role of Economics; Role of Economists
K40: Legal Procedure, the Legal System, and Illegal Behavior: General
K40: Legal Procedure, the Legal System, and Illegal Behavior: General
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