{"title":"Measuring Benchmark Damages in Antitrust Litigation","authors":"J. Mccrary, D. Rubinfeld","doi":"10.1515/JEM-2013-0006","DOIUrl":null,"url":null,"abstract":"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.","PeriodicalId":36727,"journal":{"name":"Journal of Econometric Methods","volume":"35 1","pages":"63 - 74"},"PeriodicalIF":0.0000,"publicationDate":"2013-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/JEM-2013-0006","citationCount":"21","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Econometric Methods","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1515/JEM-2013-0006","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Mathematics","Score":null,"Total":0}
引用次数: 21
Abstract
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.