Consumer products litigation often requires damages and liability analyses from economic or statistical experts. QSS is able to perform both types of determinations regardless of the size of the class. Our expertise includes formulating and evaluating putative models demonstrating common impact and formulaic damages.
Based on rigorous economic reasoning wedded to sound statistical models, the pecuniary value of loss caused by a defective product can be precisely measured. Economic loss may stem from relatively minor defects or it may stem from serious product failures resulting in catastrophic injuries. As each consumer products case is different, our knowledge of the vast microeconomics literature on consumer choice and valuations is useful.