ELI5: Explain Like I'm 5

Forensic economics

Forensic economics is a way of figuring out who pays to fix problems caused by someone else who did something wrong. It can help decide when somebody has caused harm, like when someone is hurt in a car crash or when someone's property gets ruined by pollution. Forensic economics uses math and science to figure out who should pay for the damage caused by the wrongdoer. It helps people in court figure out how much money the wrongdoer should give the person they hurt.
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