LLM teams with experts experienced in employing sophisticated economic, statistical, and financial modeling techniques in the assessment of private/social benefits and costs on local and regional economies from specific events. We are well-versed in a variety of cutting-edge analytical methodologies often used in the quantification of alleged natural resource damages, including:
- Contingent Value Analysis
- Travel Cost Models
- Hedonic Models
- Statistical Sampling
- Simulation Models
- Cost Allocation Models
These economists are also experienced in the review/rebuttal of Habitat Equivalency Analysis (HEA) methods, which are frequently used to provide an approximation of natural resource restoration.