Forensic Economics Expert Witnesses in Minnesota
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Dr. David Jones, PhD
Minnesota
Dr. David D. Jones has 48 years of experience in Economics and Forensic Economics. He earned his BA from the College of Wooster and both his MA and his Ph.D. from Indiana University Bloomington. Formerly, this expert served as a Professor of Economics at the University of St. Thomas, as the Director of Policy Analysis at the Minnesota Department of Employment and Economic Development, and as an...
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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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