Environmental Economics

Environmental Litigation

NERA has extensive experience translating environmental claims for alleged harm to health and value into the objective, quantitative, monetary values required by courts and regulators to determine appropriate damages awards.

The analysis, reports, and expert testimony our experts provide to courts and arbitration and regulatory bodies include rigorous, defensible measures of the value of damages. We provide careful, independent valuation of the actual damages incurred, or the changes to processes or remediation efforts that may be taken.

We are skilled in identifying and critiquing the benefit ("BEN") model used by the US EPA and have successfully challenged values initially generated by this model.

We use the full range of techniques for assessing environmental liability, including:

• Statistics and econometrics;
• Epidemiology and health effects;
• Property value determination;
• Hedonic pricing techniques;
• Contingent valuation and surveys;
• Financial analysis; and
• Cost-benefit analysis.