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Measuring Benchmark Damages In Antitrust Litigation, Daniel L. Rubinfeld, Justin Mccrary
Measuring Benchmark Damages In Antitrust Litigation, Daniel L. Rubinfeld, Justin Mccrary
Justin McCrary
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.