S
- Born
- 1946
- Occupation
Overview
All data
13 statements · 0% with external sources · numbers in brackets are citations
On other databases
5 identifiers linking Stan Smith across the web's reference databases
13 statements · 0% with external sources · numbers in brackets are citations
5 identifiers linking Stan Smith across the web's reference databases
From Wikipedia, the free encyclopedia · Read full article · Text CC BY-SA 4.0
Stan V. Smith is an American economist credited with coining the term and creating the arguments behind the hedonic damages theory, which entered mainstream legal economics in the 1985 court case Sherrod v. Berry. He often presents, publishes, and speaks on economics. He is now president of a national litigation support firm, Smith Economics Group, Ltd., and acts as an expert witness in court cases involving economic damages, from commercial to personal injury damages, including cases where it can be argued the quality of someone's life has been diminished or lost. His economic theories on victim restitution in child pornography in one of his cases that reached the Supreme Court resulted in the Amy Vicky Andy Act signed by President Trump in 2018.