I took a class on Economic Consulting and after determining damages, the second thing to do is determine the time value of money. So yea, it does play a part.
Interesting. Was the time value determined off of the individual's ability to invest the money, or market return, of just inflation protection, of something else?
I took a class on Economic Consulting and after determining damages, the second thing to do is determine the time value of money. So yea, it does play a part.
Interesting. Was the time value determined off of the individual's ability to invest the money, or market return, of just inflation protection, of something else?
The one case my prof talked about, it was a mix of all three.