Endogeneity problems in empirical analyses of antitrust and competition
Economic experts in mergers and other antitrust matters use a variety of tools to disentangle correlation from causation and often disagree on the appropriate...
Dr. De Stefano specializes in industrial organization and applied econometrics.
He has experience with mergers, price-fixing, and foreclosure cases and has worked on matters in the telecommunication, chemical, automobile, health care, and electronics industries, among others. A substantial portion of his consulting work has involved empirical evaluation of the competitive effects of proposed mergers and acquisitions. In this context, he has employed economic and econometric tools to estimate demand, address issues relating to market definition, and explore direct evidence of unilateral effects.