Washington
Mr. Erick C. West has 22 years of experience in the field of Economics. He earned both his BA and MA in Economics from Washington State University. Formerly, this expert served as a Financial Advisor at Merrill Lynch, as a Trainer at Estate of S.R.D., and as a Senior Economist at Harper Incorporated. Currently, this expert serves as the President of West Economics, Inc. where he specializes in...
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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