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.

Read more about Hedonic Damages:  History, Application, Controversy, Willingness-To-Pay Model

Famous quotes containing the word damages:

    According to the law of nature it is only fair that no one should become richer through damages and injuries suffered by another.
    Marcus Tullius Cicero (106–43 B.C.)