Counsel for Yale-New Haven Hospital (YNHH) and the Hospital of Saint Raphael (HSR) retained CRA to document that the merger would alleviate HSR’s serious financial difficulties while creating additional bed capacity and significant clinical benefits. After a second request review, the FTC and Connecticut Attorney General closed their investigations of the transaction.
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...