In this article contributed to The Globe and Mail, Adonis Yatchew discusses the state of Ontario’s electricity industry in response to the Auditor-General’s report which identified several issues. Yatchew suggests the government endow the Ontario Energy Board with increased independence and authority to regulate the electricity sector, noting that the intrinsic tensions created by “intertwining policy-making with regulation and implementation” are exacerbated in an industry where assets are long-lived. To read the article, click here.
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...