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Stan Smith (economist)
Stan V. Smith is an American economist credited with coining the term and creating the arguments behind the hedonic damages theory, which entered mainstream legal economics in the 1985 court case ''Sherrod v. Berry''. He often presents, publishes, and speaks on economics. He is now president of a national litigation support firm, Smith Economics Group, Ltd., and acts as an expert witness in court cases involving economic damages, from commercial to personal injury damages, including cases where it can be argued the quality of someone's life has been diminished or lost. His economic theories on victim restitution in child pornography in one of his cases that reached the Supreme Court resulted in the Amy Vicky Andy Act signed by President Trump in 2018. Life and career Smith was born in 1946 in Rhinelander, Wisconsin. He received his master's degree in economics in 1972 from the University of Chicago's Graduate School of Business, was honorably discharged from the military in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedonic Damages
Hedonic damages is a legal term that first emerged in 1985 in the research of Stan V. Smith, who was a PhD student in economics at the University of Chicago. The term refers to damages for loss of enjoyment of life, the intangible value of life, as distinct from the human capital value or lost earnings value. History Hedonic damages was used in a legal case for the first time in 1987 in the case of ''Sherrod v. Berry'', 827 F.2d 195 (7th Cir. 1987).. and testified as an expert witness in regards to the amount of the hedonic award, the first such testimony proffered nationwide. It has since been used in additional legal decisions, in law review articles, and in law and economics articles in the United States. See for example Professor Cass Sunstein's University of Chicago Law & Economics, Olin Working Paper No. 340, July 2007. The concept of hedonic damages has been admitted in testimony in state and federal courts. Research on the implications of hedonic damages theory ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expert Witness
An expert witness, particularly in common law countries such as the United Kingdom, Australia, and the United States, is a person whose opinion by virtue of education, training, certification, skills or experience, is accepted by the judge as an expert. The judge may consider the witness's specialized (scientific, technical or other) opinion about evidence or about facts before the court within the expert's area of expertise, to be referred to as an "expert opinion". Expert witnesses may also deliver "expert evidence" within the area of their expertise. Their testimony may be rebutted by testimony from other experts or by other evidence or facts. History The forensic expert practice is an ancient profession. For example, in ancient Babylonia, midwives were used as experts in determining pregnancy, virginity and female fertility. Similarly, the Roman Empire recognized midwives, handwriting experts and land surveyors as legal experts. The codified use of expert witnesses and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhinelander, Wisconsin
Rhinelander is a city in and the county seat of Oneida County, Wisconsin, Oneida County, Wisconsin, United States. The population was 8,285 at the 2020 United States Census, 2020 census. History The area that eventually became the city of Rhinelander was originally called Pelican Rapids by early settlers, named for the stretch of rapids just above the convergence of the Wisconsin and Pelican Rivers. Around 1870, Anderson W. Brown of Stevens Point and Anson P. Vaughn traveled up the Wisconsin River to cruise timber for Brown's father, E. D. Brown. Upon arriving at the meeting point of the Wisconsin and Pelican Rivers at the site of John Curran's trading post, and seeing the high banks along the rapids and the excellent pine stands, Anderson Brown envisioned a mill town with a lumber mill powered by the waters of the Wisconsin River. Brown's vision did not come to fruition for some years, but after subsequent expeditions with others, including his brother and Rhinelander's first m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Chicago
The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the best universities in the world and it is among the most selective in the United States. The university is composed of an undergraduate college and five graduate research divisions, which contain all of the university's graduate programs and interdisciplinary committees. Chicago has eight professional schools: the Law School, the Booth School of Business, the Pritzker School of Medicine, the Crown Family School of Social Work, Policy, and Practice, the Harris School of Public Policy, the Divinity School, the Graham School of Continuing Liberal and Professional Studies, and the Pritzker School of Molecular Engineering. The university has additional campuses and centers in London, Paris, Beijing, Delhi, and Hong Kong, as well as in downtown ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Military Discharge
A military discharge is given when a member of the armed forces is released from their obligation to serve. Each country's military has different types of discharge. They are generally based on whether the persons completed their training and then fully and satisfactorily completed their term of service. Other types of discharge are based on factors such as the quality of their service, whether their service had to be ended prematurely due to humanitarian or medical reasons, whether they had been found to have drug or alcohol dependency issues and whether they were complying with treatment and counseling, and whether they had demerits or punishments for infractions or were convicted of any crimes. These factors affect whether they will be asked or allowed to re-enlist and whether they qualify for benefits after their discharge. United Kingdom There are several reasons why someone may be discharged from the military, including expiration of enlistment, disability, dependency and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Board Of Governors
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.See Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the Chair and Vice Chair of the Board are two of seven members of the Board of Governors who are appointed by the President from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the preside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roger G
Roger is a given name, usually masculine, and a surname. The given name is derived from the Old French personal names ' and '. These names are of Germanic origin, derived from the elements ', ''χrōþi'' ("fame", "renown", "honour") and ', ' ("spear", "lance") (Hrōþigēraz). The name was introduced into England by the Normans. In Normandy, the Frankish name had been reinforced by the Old Norse cognate '. The name introduced into England replaced the Old English cognate '. ''Roger'' became a very common given name during the Middle Ages. A variant form of the given name ''Roger'' that is closer to the name's origin is ''Rodger''. Slang and other uses Roger is also a short version of the term "Jolly Roger", which refers to a black flag with a white skull and crossbones, formerly used by sea pirates since as early as 1723. From up to , Roger was slang for the word "penis". In ''Under Milk Wood'', Dylan Thomas writes "jolly, rodgered" suggesting both the sexual double entend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DePaul University
DePaul University is a private university, private, Catholic higher education, Catholic research university in Chicago, Illinois. Founded by the Congregation of the Mission, Vincentians in 1898, the university takes its name from the 17th-century French priest Vincent de Paul, Saint Vincent de Paul. In 1998, it became the largest Catholic theology, Catholic university in terms of enrollment in North America. Following in the footsteps of its founders, DePaul places special emphasis on recruiting first-generation students and others from disadvantaged backgrounds. DePaul's two campuses are located in Lincoln Park, Chicago, Lincoln Park and the Chicago Loop, Loop. The Lincoln Park campus is home to the Colleges of Liberal Arts and Social Sciences, Science and Health, and Education. It also houses the School of Music, The Theater School at DePaul University, the Theater School, and the John T. Richardson Library. The Loop campus houses the DePaul College of Communication, College o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adjunct Professor
An adjunct professor is a type of academic appointment in higher education who does not work at the establishment full-time. The terms of this appointment and the job security of the tenure vary in different parts of the world, however the general definition is agreed upon. The term "Adjuncting" is a way of referring to a bona-fide part-time faculty member who has worked in an adjunct position for an institution of higher education. Terminology They may also be called an adjunct lecturer, adjunct instructor, or adjunct faculty. Collectively, they may be referred to as contingent academic labor. The rank of sessional lecturer in Canadian universities is similar to the US concept. North America In the United States, an adjunct is, in most cases, a non-tenure-track faculty member. However, it can also be a scholar or teacher whose primary employer is not the school or department with which they have adjunct status. Adjunct professors make up the majority of instructors in high ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedonology
Hedonology (Hedonics), is the study of the impact an injury or incident had on a persons lifestyle. History The Hedonology Institute was developed by Jeffrey Francis Magrowski, Ph.D., CRC, CRE. A trademark for Hedonology was registered in 1990 and abandoned in 1999 while Magrowski attended college and his studies in Vocational Rehabilitation. The development and use of Hedonics admissibility of scientific evidence for use in the legal system is set by the standard of Hedonic damages to evaluate non-economic damages using the American Juris Jurisprudence method (1988), based on the Frye Standard and supported by the Daubert Test. The determination of present and future pain and suffering is taken into account. Generally, the fact that statistics can be used, but must get the same result was proven in the use of Hedonics. The Hedonics model and analysis was first accepted in 1991 in United States Claims Court: Joshua Wasson V. Secretary of the Dept. of Health and Human Services ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1946 Births
Events January * January 6 - The 1946 North Vietnamese parliamentary election, first general election ever in Vietnam is held. * January 7 – The Allies recognize the Austrian republic with its 1937 borders, and divide the country into four Allied-occupied Austria, occupation zones. * January 10 ** The first meeting of the United Nations is held, at Methodist Central Hall Westminster in London. ** ''Project Diana'' bounces radar waves off the Moon, measuring the exact distance between the Earth and the Moon, and proves that communication is possible between Earth and outer space, effectively opening the Space Age. * January 11 - Enver Hoxha declares the People's Republic of Albania, with himself as prime minister of Albania, prime minister. * January 16 – Charles de Gaulle resigns as head of the Provisional Government of the French Republic, French provisional government. * January 17 - The United Nations Security Council holds its first session, at Church House, Westmin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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