The current global pandemic has presented challenges unprecedented in our lifetimes, including the upheaval of supply-and-demand dynamics and other market distortions in numerous sectors of the world economy. Join Tim Snail and other panelists for a discussion of price gouging, damages and antitrust, the economic analysis of them, and the public and private measures available to prevent or remedy price gouging.
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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...