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


Quick Tools:

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


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


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)


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


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)


JEP - All Issues

Virtual Field Journals

AEA Member Login:

AEAweb | AEA Journals | Contact Us