California Civil Jury Instructions (CACI) 3903
According to California Civil Jury Instructions (CACI) 3903, an item of economic damage includes:
- 3903A. Medical Expenses—Past and Future
- 3903B. Medical Monitoring—Toxic Exposure
- 3903C. Past and Future Lost Earnings
- 3903D. Lost Earning Capacity
- 3903E. Loss of Ability to Provide Household Services
- 3903F. Damage to Real Property
- 3903G. Loss of Use of Real Property
- 3903H. Damage to Annual Crop
- 3903I. Damage to Perennial Crop
- 3903J. Damage to Personal Property
- 3903K. Loss or Destruction of Personal Property
- 3903L. Damage to Personal Property Having Special Value (Civ. Code, § 3355)
- 3903M. Loss of Use of Personal Property
- 3903N. Lost Profits
- 3903O. Injury to Pet—Costs of Treatment
Economic damages expert
Then comes Forensic economics, which is the scientific discipline that applies economic theories and methods to matters within a legal framework.
Forensic economics covers, but is not limited to:
- The calculation of pecuniary damages in personal and commercial litigation.
- The analysis of liability, such as the statistical analysis of discrimination, the analysis of market power in antitrust disputes, and fraud detection.
- Other matters subject to legal reviews, such as public policy analysis, and business, property, and asset valuation.
An effective economic expert
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