This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

Journal of Economic Perspectives: Vol. 13 No. 2 (Spring 1999)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

JEP - All Issues


The Economist in Tort Litigation

Article Citation

Thornton, Robert, and John Ward. 1999. "The Economist in Tort Litigation." Journal of Economic Perspectives, 13(2): 101-112.

DOI: 10.1257/jep.13.2.101

Abstract

In recent decades, the involvement of economists as consultants and expert witnesses in civil tort actions has grown rapidly. In this article, the authors discuss the reasons for this phenomenon and the extent to conflicts of interest to arise in the practice of what is frequently called 'forensic economics.' They argue that, although conflict-of-interest pressures exist, the limited evidence does not indicate that unethical practices are rampant within the profession. Moreover, market correctives, judicial screening, codes of ethical behavior, and the dissemination of knowledge concerning proper forensic practice help to serve as (arguably imperfect) safeguards against unethical practice.

Article Full-Text Access

Full-text Article (Complimentary)

Authors

Thornton, Robert (Lehigh U)
Ward, John (U MO, Kansas City)

JEL Classifications

A11: Role of Economics; Role of Economists
K13: Tort Law and Product Liability
K40: Legal Procedure, the Legal System, and Illegal Behavior: General

Comments

View Comments on This Article (0) | Login to post a comment


Journal of Economic Perspectives


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEP - All Issues

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us