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Product Liability Forecasting for Asbestos‐Related Personal Injury Claims
Author(s) -
STALLARD ERIC
Publication year - 2001
Publication title -
annals of the new york academy of sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.712
H-Index - 248
eISSN - 1749-6632
pISSN - 0077-8923
DOI - 10.1111/j.1749-6632.2001.tb02754.x
Subject(s) - asbestos , personal injury , liability , product liability , product (mathematics) , actuarial science , risk analysis (engineering) , computer science , business , mathematics , accounting , political science , materials science , geometry , law , metallurgy
A bstract : This paper focuses on three aspects of forecasting models for asbestos‐related disease/injuries relating to the Manville asbestos case: (1) The structure of forecasting models for asbestos‐related personal injuries. (2) The epidemiologic evidence supporting the selected model structure and the constraints on the modeling assumptions imposed by that evidence. (3) The range of uncertainty associated with projections based on these forecasting models and issues relating to decision making under uncertainty.