CRA was retained on behalf of a pharmaceutical manufacturer whose products encountered manufacturing issues following a move of manufacturing facilities to a new geographic area. CRA assessed the change in circumstances and assisted counsel in developing statistical methods by which to assess manufacturing outcomes. CRA also provided damages assessments for class action litigation regarding the manufacturing issues, which were ultimately settled.
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...