Title

When a 'Simple' Analysis Won't Do: Applying Economic Principles in a Lost Profits Case

Department

Economics, Finance, & Quantitative Analysis

Document Type

Article

Publication Date

5-2008

Abstract

The article provides an explanation of the advantages of using the Regression Damages model vs. the Simple Damages model for damage claim suits. According to the article, there is a much better chance of avoiding the Daubert challenge if a damage claim suit uses the Regression Damages model to support its conclusion. Statistical examples comparing the two models and the interpretation of these figures are also offered.