Despite the risks associated with linear regression, experts often use it in dispute resolution settings. Part 1 of this two-part article illuminates linear regression principles and pitfalls in the context of an actual case and offers related practice pointers. Part 2 demonstrates the use of...

In 2010, Robert M. Lloyd wrote, “In an ideal world, a court would be able to hear the evidence, estimate the plaintiff's damages, and quantify its own confidence that the estimate was accurate.” This article, the second in a two-part series, argues that Bayesian networks can move the legal...

Arguably the most widely used techniques for estimating price overcharges from competition law infringements are the dummy variable and the forecasting approaches using linear regression analysis. While rarely used in practice, in this note we make use of the fully interacted dummy variable...

In self-reported data usually a phenomenon called 'heaping' occurs, i.e. survey participants round the values of their income, weight or height to some degree. Additionally, respondents may be more prone to round off or up due to social desirability. By ignoring the heaping process a severe bias...