hedonic damages

hedonic damages
hedonic damages see damage 2

Merriam-Webster’s Dictionary of Law. . 1996.

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  • Hedonic damages — Hedonic Damages, an economic term of art, refers to loss of enjoyment of life damages, the intangible value of life, as distinct from the human capital value or lost earnings value. History The term achieved reknown when coined by Stan V. Smith… …   Wikipedia

  • hedonic damages — noun Damages awarded to the plaintiff, in a personal injury case, for the loss of joy of living …   Wiktionary

  • damages — A pecuniary compensation or indemnity, which may be recovered in the courts by any person who has suffered loss, detriment, or injury, whether to his person, property, or rights, through the unlawful act or omission or negligence of another. A… …   Black's law dictionary

  • damages — A pecuniary compensation or indemnity, which may be recovered in the courts by any person who has suffered loss, detriment, or injury, whether to his person, property, or rights, through the unlawful act or omission or negligence of another. A… …   Black's law dictionary

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  • Stan Smith (economist) — IntroStan Smith, a University of Chicago trained economist, is credited with coining the term and creating the arguments that launched the hedonic damages theory into the mainstream of legal economics in the 1985 court case Sherrod v. Berry. [… …   Wikipedia

  • damage — dam·age 1 n [Old French, from dam injury, harm, from Latin damnum financial loss, fine] 1: loss or harm resulting from injury to person, property, or reputation 2 pl: the money awarded to a party in a civil suit as reparation for the loss or… …   Law dictionary

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