Measuring Benchmark Damages in Antitrust Litigation
McCrary Justin () and
Rubinfeld Daniel L.
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McCrary Justin: Professor of Law, U.C. Berkeley; and Faculty Research Associate, NBER
Rubinfeld Daniel L.: Robert L. Bridges Professor of Law and Professor of Economics Emeritus, U.C. Berkeley; Professor of Law, NYU; and Faculty Research Associate, NBER
Journal of Econometric Methods, 2014, vol. 3, issue 1, 63-74
Abstract:
We compare the two dominant approaches to estimation of benchmark damages in antitrust litigation, the forecasting approach and the dummy variable approach. We give conditions under which the two approaches are equivalent and present the results of a small simulation study.
Keywords: antitrust; damages estimation; law and economics (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:jecome:v:3:y:2014:i:1:p:63-74:n:4
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DOI: 10.1515/jem-2013-0006
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