Edward Foster, Ph.D.


4754 Fremont Avenue South Minneapolis, MN 55419

About the Expert

I evaluate damages in personal injury, wrongful death, employment and business loss cases for plaintiffs and defendants. I have provided over 1,000 reports in the past 45 years, and testified often in Federal and State courts. Clients have included the Minneapolis U. S. Attorney and the Minnesota Attorney General. I am emeritus professor of economics at the University of Minnesota, and past president of the National Association of Forensic Economists. I will welcome a call to discuss your case.

Areas of Expertise

  • Economic Consulting
  • Economic Damages
  • Forensic Economics

Expert's Profile

Areas of expertise:
Economic and statistical analysis of damages from personal injury (including evaluation of life care plans), wrongful death, employment discrimination, evaluation of pensions, and lost business profits.

Preliminary estimates of economic damages; reports for use in negotiation and trial; expert testimony; evaluation of adverse economic reports; consultation on construction of interrogatories and cross examination of adverse experts.

Experience in evaluating damages:
I have evaluated damages in 2,000 cases, testifying about 4 times per year in Federal and state courts. Most cases have been calculation of economic damages suffered due to personal injury, wrongful death, or employment discrimination but have also included business fraud, breach of contract, price fixing, real estate condemnation, statistical analysis of discrimination claims and calculations relevant to punitive damages. Clients have included attorneys for plaintiff and defendant, the U. S. Attorney’s office (Minneapolis) and the Minnesota Attorney General's office.

B. A. summa cum laude, Economics, Claremont Men’s College (now Claremont McKenna College); 1 year graduate study, Actuarial Science, Occidental College of Los Angeles; Ph. D., Economics, MIT. Continuing education through research, publications, professional meetings.

Papers in American Economic Review, Annals of the American Academy of Political and Social Sciences, Econo-metrica, Economic Journal, Journal of Forensic Economics, Journal of Legal Economics, Journal of Public Economics, Land Economics, Review of Economics and Statistics. 1 monograph, 1 edited book of readings, 1 textbook.

Current professional positions
Emeritus Professor of Economics, University of Minnesota . Director, National Bureau of Economic Research.

Professional associations, directory listings
American Academy of Economic and Financial Experts; American Economic Association; Minnesota Economics Association (past president); National Association of Forensic Economics (past president); Listed in American Men and Women of Science and Who's Who in America (45th edn).

Fellowships, honors
Phi Beta Kappa (U of MN chapter past president); Kappa Mu Epsilon (mathematics honorary fraternity); National Science Foundation fellow; Woodrow Wilson Foundation fellow.

More Information

Listed in the Following States

Edward Foster, Ph.D. is listed with ExpertPages in the following jurisdictions: All US Regions and States, Canada (all Provinces).