Forensic Economics III - Economic Damages
Saturday, Jan. 6, 2018 10:15 AM - 12:15 PM
- Chair: Lane Hudgins, Lane Hudgins Analysis
Before and After Analysis: An Application of Structural Break Testing to the Determination of Economic Damages
AbstractBefore-and-after analysis is a highly reliable method for determining economic damages and providing support of causation claims in business interruption cases that has been accepted by courts in nearly every jurisdiction, but rudimentary methods, e.g. graphical analysis, simple correlation analysis, etcetera, are not foolproof. We discuss three problems that may arise and how structural break analysis may be used to solve these problems.
Causation-related Limitations on the Scope of Damages
AbstractCausation-Related Limitations on the Scope of Damages
- K1 - Basic Areas of Law