Trends in Legal Decisions Involving Hedonic Damages from March 1, 2018 to July 1, 2022
Thomas R. Ireland. 2022. Trends in Legal Decisions Involving Hedonic Damages from March 1, 2018 to July 1, 2022. Journal of Legal Economics 28(1): pp. 97–119.
This paper provides discussion of the forty-seven decisions reported on LEXIS regarding hedonic damages testimony by economic experts from March 1, 2018, to July 1, 2022. It is an update to previous papers by the author in 2012 and 2018 looking at decisions involving hedonic damages from 2000 to 2012 and 2013 to February 28, 2018. The trend has been that hedonic damage calculations showing specific dollar values for either loss of enjoyment of life, loss of value of life, and/or loss of ‘‘Society and Relationship’’ have continued to be rejected, but explanations for the concept of hedonic damages and discussion of the Value of Statistical Life literature have continued to be allowed in the state of New Mexico.
Thomas R. Ireland