Measuring Damages for Torts I
This lesson will discuss how to measure pecuniary and nonpecuniary damages for various torts that cause injury to property, including the economic loss rule.
Transcript
This video will discuss how to measure compensatory damages for torts causing personal injury or death. Another video will discuss how to measure compensatory damages for torts causing property injury.
Unlike contract cases, in which damages are pecuniary, tort damages are often both pecuniary and nonpecuniary. Pecuniary damages are objectively quantifiable and based on a mathematical measure, such as determining lost wages. Conversely, nonpecuniary damages seek to...