Loss of Earnings Following Personal Injury: Do the Courts Adequately Compensate Injured Parties?

17 Pages Posted: 26 Nov 2003

See all articles by Richard Lewis

Richard Lewis

Cardiff University

Robert McNabb

Cardiff University - Cardiff Business School

Helen Robinson

Cardiff University - Cardiff Business School

Victoria Wass

Cardiff University - Cardiff Business School

Abstract

The law provides that any person injured through the fault of another can claim monetary compensation in the form of damages. This study focuses on compensation paid for loss of future earnings and the fact that little use has been made of economic analysis by courts in Britain in determining such damages. This is in contrast both to what happens in the US and to the extensive use made in British courts of experts from other disciplines. A comparison of awards adjudicated in British courts with a US-style approach reveals substantial and systematic under-compensation under the English legal system.

Suggested Citation

Lewis, Richard and McNabb, Robert and Robinson, Helen and Wass, Victoria, Loss of Earnings Following Personal Injury: Do the Courts Adequately Compensate Injured Parties?. Economic Journal, Vol. 113, pp. F568-F584, November 2003. Available at SSRN: https://ssrn.com/abstract=465547

Richard Lewis (Contact Author)

Cardiff University ( email )

Cardiff Law School
Museum Avenue
Cardiff, Wales CF10 3AX
United Kingdom
+44(0)2920874341 (Phone)

HOME PAGE: http://www.cardiff.ac.uk/people/view/478882-lewis-richard

Robert McNabb

Cardiff University - Cardiff Business School ( email )

Aberconway Building
Colum Drive
Cardiff CF10 3EU
United Kingdom
+44 (0) 29 2087 5210 (Phone)
+44 (0) 29 2087 4419 (Fax)

HOME PAGE: http://www.cf.ac.uk/carbs/econ/mcnabb/

Helen Robinson

Cardiff University - Cardiff Business School ( email )

Colum Drive
Office: D47
Cardiff CF10 3EU
United Kingdom
+44 (0)29 2087 6950 (Phone)
+44 (0)29 2087 4419 (Fax)

HOME PAGE: http://www.cf.ac.uk/carbs/econ/robinsonhj/

Victoria Wass

Cardiff University - Cardiff Business School ( email )

Colum Drive
Aberconway Building
Cardiff CF10 3EU
United Kingdom
+ 44 (0) 29 20 875714 (Phone)
+ 44 (0) 29 20 874419 (Fax)

HOME PAGE: http://www.cf.ac.uk/carbs/hrm/wass.html

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