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