Measuring Benchmark Damages in Antitrust Litigation

Authors

Justin McCrary, Columbia Law SchoolFollow
Daniel L. Rubinfeld, U.C. Berkeley

Document Type

Article

Publication Date

2014

DOI

https://doi.org/10.1515/jem-2013-0006

Abstract

We compare the two dominant approaches to estimation of benchmark damages in antitrust litigation, the forecasting approach and the dummy variable approach. We give conditions under which the two approaches are equivalent and present the results of a small simulation study.

Disciplines

Econometrics | Law | Law and Economics

Comments

The final publication is available at www.degruyter.com.

Recommended Citation

Justin McCrary & Daniel L. Rubinfeld, Measuring Benchmark Damages in Antitrust Litigation, 3 J. Econ. Methods 63 (2014).
Available at: https://scholarship.law.columbia.edu/faculty_scholarship/3857