Law 641: Quantitative Methods

The course is directed at equipping law students with quantitative skills that will assist them in the practice of law. Topics that will be covered include the following: financial business concepts in the law (e.g., reading a balance sheet, the importance of and methods of computing net, internal, and real rates of return); statistical and other quantitative methods in the law (e.g., using statistical evidence and employing decision theory as a guide to litigation strategy); the theory and methods of computing compensatory damages; the uses of game theory in the law; and methods of finding and using expert witnesses on economic issues.

Sequence and Prerequisites: None.