Product Liability


Recent reports indicate that the global volume of product liability cases is increasing in volume and in dollar value of claims. Economists and health economists have developed analytic tools that can productively be applied in product liability cases. These include advanced regression techniques to assess liability and advanced statistical methods to calculate attributable risks, fractions, and costs. These techniques can be used to assess liability, to develop cost ceiling models, and to develop simulation models. In addition, our advanced capabilities in data science, epidemiology, and biostatistics can help quantify complex issues in product liability.

Types Of Engagements

  • Development of attributable cost ceiling model in state & multidistrict opioid litigation
  • Analysis of liability in state & multidistrict opioid litigation
  • Economic impact analysis or restrictions or recall in class action & mass tort cases
  • Statistical sampling of records in class action & mass tort cases
  • Statistical analysis to determine causative factors & liability
  • Market share delineation and calculations
  • Analysis of attributable costs, attributable risks, and attributable fraction
  • Environmental impact & externalities associated with product production & consumption
  • Systematic & comprehensive summaries of literature & evidence

Key Staff

  • John Schneider, PhD
  • Anthony LoSasso, PhD
  • Robert Ohsfeldt, PhD

Related Markets & Industries

  • Insurance & third-party payers
  • Attorneys & law firms
  • Pharmaceuticals & biotechnology
  • Medical devices & diagnostics
  • Consumer products
  • Public health