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Statistical Analysis

Contact: Dr. Robert Trout (robert.trout@litecon.com)

Lit.Econ LLP consultants have used statistical analysis or multivariate analysis to help determine liability in business cases, or to estimate economic losses. We have used standard statistical models such as multiple regression and logistic regression to determine the effect of variables on a dependent variable, such as business revenues. We have also used multivarite statistical methods, such as discriminant analysis, factor analysis, canonical correlation, and cluster analysis to analyze the relationships among various factors in business litigation cases.

Re: USS POSCO, Inc (Pittsburgh, CA 2002) Estimated economic losses caused by a fire at a steel mill in California for its insurance carrier. Used econometric modeling and vector autoregression analysis to determine probable sales, prices and revenues during the damages period.

Bank of America v. Temple City Comm. Redevelopment Agency (1993) Valued a Bank of America operation that was closed for a redevelopment project, for a condemnation proceeding. Used econometric models to relate deposits at target bank with deposits at other nearby branches.

Louisville Bedding Co. V. Pillowtex Corp (Fed Dist Ct, Louisville, KY. 1998) Prepared economic loss report for defendant in a patent infringement case. Used econometric model to measure alleged price erosion of defendant company.

Kramer v. Trans Union Company ( Orange Cty 1997) Prepared various analyses using multiple regression to estimate the economic losses suffered by an agent for a large credit reporting agency.

Indian Child v. Riverside (Riverside Cty 1996) Testified about the economic losses sustained by ten different plaintiffs that suffered economic losses resulting from a flood. Used time series models and econometric models to measure lost revenues for various retail stores and companies that were all affected by a local flood.

Main-On Foods v. Hoffman (Fed Dist Ct, Long Beach 1988) Prepared report and exhibit on damages to Main-On resulting from a business interruption.

Six B v. Bonzi (Stanislaus Cty 1988) Testified about the relevant geographic and product markets for cattle feed in the San Joaquin valley for an antitrust case.