Comment on "Calculating remittiturs" by Kadane

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Calculating Remittiturs

This note reviews several methods proposed for calculating the amount of an appropriate remittitur using a sample of “comparable” cases. It recommends a simple quantile estimate. A remittitur is a post-trial procedure that may arise after a plaintiff has established liability and is awarded damages by the jury. Under U.S. law, the defendant may move for a new trial, or, in the alternative, a re...

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ژورنال

عنوان ژورنال: Law, Probability and Risk

سال: 2009

ISSN: 1470-8396,1470-840X

DOI: 10.1093/lpr/mgp005