On behalf of a party to a reverse payment settlement, CRA’s life sciences consultants were asked to calculate damages to a state Medicaid program. The CRA team’s analysis included calculation of the statutory Medicaid rebate under different scenarios as well as backcasting reimbursement amounts.
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...