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.
Merger simulation in second-score auctions: A nested logit model
In a recent Economics Letters article, CRA’s Martino De Stefano and Serge Moresi show how to improve the second-score auction model that is often used to...