In Antitrust Law Journal, Michelle Burtis and her co-author review the use of empirical tools for drawing inferences about the existence of a price structure and determining common impact for all proposed class members. While such tools can be used to uncover relevant economic relationships, the authors also discuss the pitfalls associated with using them in the context of class certification. To read the article, click the link below.
New research on the use of conjoint surveys with market simulation analysis for damages estimation in consumer protection class action litigation
Market simulations that we have seen used in consumer protection class action litigation apply what is known as the static Nash Bertrand model of competition...