In this article, Steve Salop reviews the formulation and evolution of the Philadelphia National Bank rebuttable presumption through the lens of economic decision theory, including the role played by advances in economic analysis. The article also sketches out the prospects for further evolution and suggests a number of non-market share structural factors that might form the basis of rebuttable evidentiary presumptions. 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...