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Going for the Gold: Economists as Expert Witnesses

Going for the Gold: Economists as Expert Witnesses Abstract The use of economists as expert witnesses and consultants has grown dramatically in recent years, driven by such factors as the explosion of mergers and acquisitions. On the plus side, the expert witness boom will likely lead to better regulatory and legal decisions, while infusing real-world examples into classroom teaching. Yet the growing importance of consulting income could divert time and energy away from academic research and teaching, while impeding intellectual debate. A new standard of behavior for academic economists who serve as expert witnesses and consultants may be needed, including full disclosure of clients. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Perspectives American Economic Association

Going for the Gold: Economists as Expert Witnesses

Journal of Economic Perspectives , Volume 13 (2) – May 1, 1999

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References (2)

Publisher
American Economic Association
Copyright
Copyright © 1999 by the American Economic Association
Subject
Symposia
ISSN
0895-3309
DOI
10.1257/jep.13.2.113
Publisher site
See Article on Publisher Site

Abstract

Abstract The use of economists as expert witnesses and consultants has grown dramatically in recent years, driven by such factors as the explosion of mergers and acquisitions. On the plus side, the expert witness boom will likely lead to better regulatory and legal decisions, while infusing real-world examples into classroom teaching. Yet the growing importance of consulting income could divert time and energy away from academic research and teaching, while impeding intellectual debate. A new standard of behavior for academic economists who serve as expert witnesses and consultants may be needed, including full disclosure of clients.

Journal

Journal of Economic PerspectivesAmerican Economic Association

Published: May 1, 1999

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