A DAY AT THE BEACH: A MULTIDISCIPLINARY BUSINESS CASE STUDY Leonard Rymsza Kurt Saunders Paul Baum...

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A DAY AT THE BEACH: A MULTIDISCIPLINARY BUSINESS CASE STUDY Leonard Rymsza Kurt Saunders Paul Baum Richard Tontz California State University, Northridge

Transcript of A DAY AT THE BEACH: A MULTIDISCIPLINARY BUSINESS CASE STUDY Leonard Rymsza Kurt Saunders Paul Baum...

Page 1: A DAY AT THE BEACH: A MULTIDISCIPLINARY BUSINESS CASE STUDY Leonard Rymsza Kurt Saunders Paul Baum Richard Tontz California State University, Northridge.

A DAY AT THE BEACH: A MULTIDISCIPLINARY

BUSINESS CASE STUDYLeonard Rymsza

Kurt Saunders

Paul Baum

Richard Tontz

California State University, Northridge

Page 2: A DAY AT THE BEACH: A MULTIDISCIPLINARY BUSINESS CASE STUDY Leonard Rymsza Kurt Saunders Paul Baum Richard Tontz California State University, Northridge.

The BIG PICTURE!

What is the Big Picture in the Case?

What are the Potential –

– Statistical Issues?

– Legal Issues?

– Economic Issues?

Page 3: A DAY AT THE BEACH: A MULTIDISCIPLINARY BUSINESS CASE STUDY Leonard Rymsza Kurt Saunders Paul Baum Richard Tontz California State University, Northridge.

The Statistics?

What Conclusions Can be Presented to Ms. Hahn Based on an Analysis of the Government Survey Data?

What Type of Statistical Analysis Would be Performed to Reach These Conclusions?

How Useful Would These Conclusions be in Helping Ms. Hahn in any Lawsuit Settlement Negotiations or at a Trial?

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The Case Library

What Light Does the Case Library Shed on the Potential Issues

– Magazine Article?– Fogel v. Get’N Go Markets, Inc.?– Wayans v. Albert Landon, et. al.?– O’Hare v. Wilkes Excursion Lines, Inc.?

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The Lawsuit(s)?

Who Are the Possible Defendants?

Upon What Legal Theories Would Potential Recovery be Based?

What Elements Must be Established to Prevail Under Each Theory?

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Economic Data

What Economic Issues are Raised in the Case?

What is the Relevance of:– Inflation Rate?– Cost of Living Adjustment (COLA)?– Personal Income Tax Rates?– Present/Future Values?– Plaintiff’s Age?

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Good Luck!

Questions or Comments?