Medical Malpractice & Personal Injury

Latrogenic injuries are an inescapable part of surgical interventions. Many products cannot be made entirely risk-free and remain commercially viable. In cases where medical interventions and product introductions lead to injury, it is often necessary to place a dollar value on the harms suffered. This can be relatively straightforward, as when lost earnings for an injured person who had a long work history must be calculated. They can also be quite complicated. Suppose the injured party was a child? What is the economic value of non-market production, such as household service?

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