Arbeitspapier

Using the Statistical Concept of "Severity" to Assess Seemingly Contradictory Statistical Evidence (with a Particular Application to Damage Estimation)

When parties present divergent econometric evidence, the court may view such evidence as contradictory and thus ignore it completely, without conducting closer analysis. We develop a simple method for distinguishing between actual and merely apparent contradiction based on the statistical concept of the "severity" of the furnished evidence. Again using "severity", we also propose a method for reconciling divergent findings in instances of mere seeming contradiction. Our chosen application is that of damage estimation in follow-on cases.

Language
Englisch

Bibliographic citation
Series: LawFin Working Paper ; No. 3

Classification
Wirtschaft
Subject
Cartel damages
severity
statistical testing

Event
Geistige Schöpfung
(who)
Bönisch, Peter
Inderst, Roman
Event
Veröffentlichung
(who)
Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin)
(where)
Frankfurt a. M.
(when)
2020

DOI
doi:10.2139/ssrn.3702906
Handle
URN
urn:nbn:de:hebis:30:3-616436
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bönisch, Peter
  • Inderst, Roman
  • Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin)

Time of origin

  • 2020

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