A Quantitative Approach to Commercial Damages
Applying Statistics to the Measurement of Lost Profits
By Mark Filler, James A. DiGabriele
Publisher: Wiley
Final Release Date: April 2012
Pages: 256

A step-by-step approach to estimating and computing businessinterruption losses

Accurately estimating damages in business interruption cases isa make- or-break formula for companies who need to be compensatedfor their loss of income. Make a mistake, and those doors may neverreopen. With A Quantitative Approach to Commercial Damages, you'llhave the analytical tools and step-by-step instructions you need toprepare an accurate damage claim.

Authors Mark Filler and James DiGabriele apply their forensicand valuation expertise to explain the complicated process ofmeasuring business interruption damages, whether the losses arefrom natural or man-made disasters, or whether the performance ofone company adversely affects the performance of another. More than250 screenshots, sixteen case studies, key cell formulas, Excelspreadsheet applications, and a companion website provide clearinstructions to help you construct your own formula andspreadsheets.

Expertly demonstrating the various methods you can use toestimate business interruption losses during a specified lossperiod, A Quantitative Approach to Commercial Damages includes:

  • The three big statistical ideas

  • What is regression analysis and where have I seen it before?

  • Accounting for seasonality, trend, and interventions

  • The defendant's expert's report and the plaintiff's expert'sreport

  • Skeptical analysis using the fraud theory approach

  • Testing for seasonality and trend with a regression model

  • Prediction errors and their measurement

  • Double exponential smoothing (Holt's Method)

  • The next frontier in the application of statistics

The calculation of economic damages in lost profits cases callsfor sophisticated modeling techniques to handle seasonality andexponential trends. Learn from the pros how to make precisecomputations with the help of A Quantitative Approach to CommercialDamages.

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Ebook: $125.00
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