Comparing the Butler-Pinkerton Model to Traditional Methods Under Four Daubert Criteria
Peter J. Butler, CFA, ASA
Keith A. Pinkerton, CFA, ASA, MBA
Over the last two years, the authors have developed a new, empirical technique for quantifying company-specific risk (CSR). The Butler Pinkerton Model (BPM) quantifies company-specific risk premiums (CSRPs) for publicly-traded benchmarks using the follow ...