economic damages – Page 2 – Economic Thinking In Action

Tortious interference and the value of social media ‘likes’

Plaintiff credited with getting The Game back on cable television and helping the program, alleges tortious interference, breach of contract, and copyright infringement by BET.

The damages detailed in the complaint include:

* An economic loss associated with the 5 million likes that the plaintiff had accumulated on he Facebook page dedicated to the show The Game. Based on a study by Vitrue, the complaint puts the value of the likes at about $1.2 million. The plaintiff alleges that BET interfered with the operation of her fan Facebook page.

*$2,000 to $3,000 per week income from third party from website traffic generated from her Facebook page dedicated to the show

*$300 to $500 per post (10-20 post per week) income from third party from post about the show and her Facebook page dedicated to the show.

*Google AdSense revenue

*Amazon revenue

The complaint detailing the allegations filed in U.S. District court in the Southern District of Florida, Case No: 0:13-cv-61582 can be accessed here: mattocks v BET

Learn more by clicking on the ABA Journal’s tweet below:

https://twitter.com/ABAJournal/status/401413076685037568

Economist wades into climate change debate

William Nordhaus, a Yale economist studies the economics of climate change. Prof. Nordhaus’ work studies the inter-workings of climate change projections, pollution and global economic growth. He offers a number of projections and calculations of the trade-offs between taxes, climate change and economic growth.

Reviews of the book:

New York Times

Energy Innovation

How long should it take the plaintiff to obtain comparable re-employment?

That is a central question in many wrongful employment termination lawsuits. The plaintiff’s back and front pay earnings claims revolve around the answer to this question. The length of an individual’s job search time depends on a number of factors. These factors include the individual’s work background, type of job, number of other qualified job searchers, and geographical area. The individual’s job search methods and efforts are also important factors.

In our work we study these types of job search factors in conjunction with the number of job searchers and employer demand for the relevant job position.

We have studied the labor market conditions for many job positions. In recent analyses we have studied the labor market for accountants, network computer administrators, and operations managers. The number of statewide job openings and searchers per job openings is shown in the table below. Searchers per job openings ratios that are less than 1.0 indicate that there are more job openings than job searchers for the particular job. Job searcher per job openings ratios greater than 1.0 indicate that there are more job searchers than job openings for the particular job..

Methodology

Number of job openings (Labor demand by employers): Based on the distribution of specific job openings in an industry, city and occupational classification. Data sources include U.S. Bureau of Labor Statistics databases: JOLT, CPS, and LAUS.

Number of job searchers (Labor supply by individuals): Based on geographical area(s) labor force, percentage of the labor force in each occupation, unemployment rate, and an unemployment rate adjustment factor associated with the occupation. Data sources include U.S. Bureau of Labor Statistics databases: JOLT, CPS, and LAUS.

Learn more read the article.