Notable Judgments in the Valuation of Household Services

Therese Brown, in the third of a series of articles on household services, reviews various judgments which are of interest in this area. She discusses the substantiation of the loss, as well as the issue of replacement cost. It is also noted that assumptions based on traditional beliefs may prove to be erroneous.

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Using Male Earnings Data to Forecast the Future Income of Females

In this article Derek Aldridge deals with the subject of the “wage gap” between men and women. He discusses the rationale used to explain this difference in earnings and why it might be inaccurate to base a prediction of the future earnings of young women on women’s historical earnings. He suggests that there is considerable support for the use of male earnings data which have been adjusted to reflect the extent to which a female’s career path may differ from that of the average male.

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