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    Accounting and law faculty member published in 'The Value Examiner'

    December 18, 2019
    UNG faculty member Kurt Schulzke wrote the cover article for the September/October 2019 issue of "The Value Examiner."

    Article By: Clark Leonard

    Kurt Schulzke, associate professor of accounting and law at the University of North Georgia (UNG), penned the cover article for the September/October 2019 issue of "The Value Examiner." The article is "Estimating Economic Damages with Linear Regression and Bayesian Networks (Part I of II)." Part II is slated for the November/December issue.

    Both parts will be required reading in Schulzke's forensic accounting class at UNG in March 2020. 

    Part I focuses on errors frequently made by experts, attorneys, and judges in using linear regression to estimate damages and business value. To illustrate the problem, Schulzke used an actual breach of contract case in which a federal appeals court reduced the plaintiff's $66 million jury verdict to zero. To reach this erroneous decision, the court misinterpreted point estimates and confidence intervals, misread correlation as causation, and wrongly insisted that costs must cause revenues, never the reverse. 

    Part II illustrates how Bayesian networks can help courts and experts avoid these common mistakes.  

    Schulzke said he hopes the articles will help improve the fairness of damage awards by highlighting this "serious problem in the U.S. court system" and offering solutions to it.

    Contact the Author

    Cyber students excel on national level

    Cyber students excel on national level

    UNG cybersecurity students achieved impressive performances in competition and research events throughout the spring semester.
    DETI teaching staff  win Best Paper Award

    DETI teaching staff win Best Paper Award

    UNG DETI teaching staff members David Babb and Ervin Howard have been awarded the Best Paper Award by the Online Journal of Distance Learning Administration.
    Event highlights impact of Cumming Campus

    Event highlights impact of Cumming Campus

    UNG hosted its inaugural Cumming Campus Backyard Bash on May 11. The event showcased the campus's impact and offered the community a chance to see progress on the campus expansion.
    Two business degrees add online option

    Two business degrees add online option

    UNG's Mike Cottrell College of Business is now offering management and technology management bachelor's degrees online in addition to in-person offerings.

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