![hedonic damages hedonic damages](https://images-na.ssl-images-amazon.com/images/I/413wnp22YyL._SY291_BO1,204,203,200_QL40_ML2_.jpg)
This value is an average of many published results based on economic research using the willingness-to-pay model. Economists generally agree that the VSL is in the $4 million to $5 million range. Many courts nationwide have allowed such testimony but judges have significant discretion as to its admissibility. The Value of Statistical Life literature is accepted by most forensic economists, including those economists few who oppose the admission of hedonic damages testimony. This measurement is controversial among forensic economists. The measurement of hedonic damages is based on some 40 years of extensive, well-accepted, peer-reviewed, economic research on the value of a statistical life (VSL).
#Hedonic damages trial
The Court of appeals in the Lewis case held that the trial judge properly ruled that the testimony met the Daubert Standards, and that it was within the discretion of the trial court to have admitted hedonic damages testimony. Similarly, the 4th Appellate District in Ohio allowed such testimony based on Daubert in Lewis v. For example, the Nevada Supreme Court unanimously approved of such testimony in Banks v. Merrell Dow Pharmaceuticals, Inc., and other admissibility tests, many but not all jurisdictions allow economic expert witness testimony on hedonic damages. Hedonic damages, the loss of the value of life, are allowed in almost every state in a non-fatal injury case. Smith co-authored the first textbook on Hedonic Damages in 1990, published by Anderson Publishing, Ohio Research on the implications of hedonic damages theory has published in various peer-reviewed Journal articles. The concept of Hedonic damages have been admitted in testimony in state and federal courts.
![hedonic damages hedonic damages](http://mountainsbeyond.org/images/SgDuaMTB.jpg)
![hedonic damages hedonic damages](https://image.slidesharecdn.com/morita-hedonic-barilan-131127141849-phpapp02/95/a-hedonic-approach-toradiation-contamination-damages-21-638.jpg)
See for example Professor Cass Sunstein's University of Chicago Law & Economics, Olin Working Paper No. It has since been used in additional legal decisions, in law review articles, and in law and economics articles in the United States. and testified as an expert witness in regards to the amount of the hedonic award, the first such testimony proffered nationwide. Hedonic damages was used in a legal case for the first time in 1987 in the case of Sherrod v.