Why the Forensic Economic Valuation of Nighttime Protection and Care Services Has No Merit
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N. C. Ostrofe. 2021. Why the Forensic Economic Valuation of Nighttime Protection and Care Services Has No Merit. Journal of Legal Economics 27(2): pp. 67–78.
This paper critiques ‘‘Estimating the Full Value of Household Services Damages: Inclusion of Nighttime Protection and Care Services,’’ by James A. Mills and Bernard Pettingill, published in The Earnings Analyst in 2019. It refutes the idea that there is a third category of household services – Nighttime and Protection and Care services – purportedly undiscovered or overlooked by forensic economists. Mills and Pettingill misinterpret the Dollar Value of a Day:2019 Dollar Valuation and draw specious comparisons with firefighters, security guards, and home health care workers in their attempt to impute economic value to time spent sleeping.
Authors | N. C. Ostrofe |
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Publication Year | 2021 |