20.07.2013 Views

Is My Drywall Chinese? - HB Litigation Conferences

Is My Drywall Chinese? - HB Litigation Conferences

Is My Drywall Chinese? - HB Litigation Conferences

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Use of Mass Appraisal Models<br />

Consistent with academic methods<br />

Effi Efficient i t – bboth th iin ti time and d iin cost t<br />

Approved under USPAP<br />

Accepted by the Courts<br />

Widely used by tax assessors & others<br />

Statistical validity, known error rates<br />

Systematic methodology Fair and uniform<br />

determination of damages<br />

Typical Requirements:<br />

Use of Mass Appraisal Models<br />

Large number of subjects<br />

Can be mass tort or class action<br />

Also useful for “test cases”<br />

Event Study (essentially a time series) or crosssectional<br />

(using a control area)<br />

9

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!