Forensic Economics Expert Witnesses in Florida
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Dr. Patrick Gaughan, PhD
Florida
Dr. Patrick A. Gaughan has years of experience in Economics. He earned his Bachelor's Degree in Applied Microeconomics and Macroeconomics from the City University of New York before obtaining his Master's Degree in Applied Microeconomics and Macroeconomics, as well as his Ph.D. in Economics from CUNY Graduate Center. Formerly, this expert served as a Professor of Economics and Finance at the...
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Forensic Economics Expert Witness FAQs
A forensic economics expert witness is a professional who applies economic theories and methods to legal issues, often providing testimony in court cases involving economic damages.
Forensic economics experts are often used in personal injury, wrongful death, employment discrimination, and business loss cases where economic damages need to be calculated.
They use various methodologies including present value calculations, statistical analysis, and labor market surveys to estimate the financial impact of an event or action.
Yes, some forensic economists specialize in specific areas such as labor economics, health economics, or industrial organization which may be relevant depending on the case specifics.
Absolutely. They can provide valuable insights into the calculation of reasonable royalties and lost profits due to patent infringement.
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