CRA experts were retained by plaintiffs in a class action alleging that physicians had engaged in price fixing. A proposed class of managed care organizations alleged that the physicians utilized their membership in an independent practice association (IPA) to jointly negotiate fees with the MCOs. CRA’s expert demonstrated that the proposed class satisfied the requirements for class certification, and the case settled prior to a ruling on certification.
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...