Areas of Expertise

Economic and statistical analysis of damages from personal injury (including evaluation of life care plans), wrongful death, employment discrimination, evaluation of pensions, and lost business profits.

Services

Preliminary estimates of economic damages; reports for use in negotiation and trial; expert testimony; evaluation of adverse economic reports; consultation on construction of interrogatories and cross examination of adverse experts.

Experience in
evaluating
damages

I have evaluated damages in well over 1,000 cases since 1968, testifying about 4 times per year in Federal and state courts (IA, MN, ND, NV, SD, WI). Most cases have been calculation of economic damages suffered due to personal injury, wrongful death, or employment discrimination but have also included business fraud, breach of contract, price fixing, real estate condemnation, statistical analysis of discrimination claims and calculations relevant to punitive damages. Clients have included attorneys for plaintiff and defendant, the U. S. Attorney’s office (Minneapolis) and the Minnesota Attorney General's office.

I have also consulted with the U. S. Bureau of the Budget (now Office of Management and Budget) on valuation of costs and benefits from government investment projects, including those in health, safety, and other areas which require the valuation of human lives, and those that require evaluation of corporate investment opportunities. Some of my teaching, research, and research by my students writing Ph. D. dissertations, has been in this same area of cost-benefit analysis.

Education

B. A. summa cum laude, Economics, Claremont Men’s College (CA); 1 year graduate study, Actuarial Science, Occidental College of Los Angeles; Ph. D., Economics, MIT. Continuing education through research, publications, presentations and attendance at professional meetings.

Publications

Papers in professional journals including the American Economic Review, Annals of the American Academy of Political and Social Sciences, Econometrica, Economic Journal, Journal of Forensic Economics, Journal of Public Economics, Land Economics, Review of Economics and Statistics, and others.

Current
professional
positions

Professor of Economics, University of Minnesota, where I have taught since 1961 and held several administrative posts. Courses taught have included cost benefit analysis; environmental economics; freshman seminar (“Government”); mathematical economics; macroeconomic theory, microeconomic theory; public economics; and statistics. Member, Minnesota Council of Economic Advisers since 1984 (advisory to Commissioner of Finance).

Professional
associations,
directory
listings

American Academy of Economic and Financial Experts; American Economic Association; American Rehabilitation Economics Association; Econometric Society; Minnesota Economics Association (past president); National Association of Forensic Economics (Midwest Vice President); Royal Economic Society (London); Western Economic Association. Listed in American Men and Women of Science and Who's Who in America (45th edn)

Fellowships,
honors

Phi Beta Kappa (U of MN chapter past president); Kappa Mu Epsilon (mathematics honorary fraternity); National Science Foundation fellow; Woodrow Wilson Foundation fellow.