Stan Smith (economist)
American economist
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Stan V. Smith (Ph.D.) 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 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.
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