22 December 2008

By Dr. Henry Butler with Professor Larry E. Ribstein, Mildred Van Voorhis Jones Chair in Law at the University of Illinois
Published in Forbes Magazine

In light of President-elect Obama's promise to re-regulate Wall Street, this article addresses the regulatory burden that firms already bear: the Sarbanes-Oxley Act, or SOX.

22 December 2008

By Dr. Elaine Buckberg and Dr. John Montgomery

In response to the credit crisis, the Federal Reserve and US government have so far provided commitments or funds totaling $3.2 trillion in the form of liquidity, guarantees, and asset purchases. This paper discusses current and proposed Federal Reserve policies to combat the credit crisis.

18 December 2008

By Dr. Stephanie Plancich and Svetlana Starykh

The ongoing credit crisis and turmoil in the financial sector have fueled a major surge in securities class action litigation in 2008, according to this newly released edition of NERA's semi-annual study.

11 December 2008

By Dr. William E. Taylor and Dr. Harold Ware

In this paper, the authors argue that data on price trends and substitution of wireless for landline services clearly demonstrate that mobile services represent an effective competitive constraint on landline pricing.

4 December 2008

By Dr. Hethie Parmesano

This testimony, filed on behalf of Northern Indiana Public Service Company, is regarding a fuel adjustment clause modification that will take into account the voltage level of service and time pattern of electricity consumption by customer groups.

25 November 2008

By Hamish Fraser with Hassan K. Al-Saad
Published in The Electricity Journal

This article provides an overall account of the efforts of the Gulf Cooperation Council nations of the United Arab Emirates to electrically interconnect.

20 November 2008

By Dr. Harlow Higinbotham and Dr. Stuart Harshbarger

This brief examines approaches used to calculate arm's length intercompany loan guarantee fees for transfer pricing compliance and planning.

20 November 2008

By Dr. Denise Neumann Martin, Dr. Stephanie Plancich, and Dr. Faten Sabry

In this paper, NERA Senior Vice President Dr. Denise Martin, Senior Consultant Dr. Stephanie Plancich, and Vice President Dr. Faten Sabry review the definition of predatory lending and describe the recent litigation history.

10 November 2008

By Jan Larsen with Dr. Elaine Buckberg and Dr. Baruch Lev

This new study provides an overview of trends NERA has identified in the number of settlements and settlement values in the six years since the passage of SOX.

1 November 2008

By Dr. Emmanuel Llinares and Sébastien Gonnet
Published in Bulletin Crédit Impôt Recherche

In this article, the authors explain how intra-group R&D structuring and financing pose significant consequences for MNEs, not only from tax and transfer pricing angles but also from operational and financial angles.

1 November 2008

By Dr. Robert Rubinovitz
Published in the Journal of Competition Law and Economics

This article demonstrates how, when the fixed cost of producing quality decreases, consumer welfare can increase, clearly demonstrating why fixed cost savings should be given more weight in merger analysis.

1 November 2008

By Dr. Alexander Voegele, Sébastien Gonnet, and Bastian Gottschling


Published in Tax Planning International Transfer Pricing

This article illustrates the applicability of game theory concepts to the transfer pricing of intellectual property.

24 October 2008

Dr. Elizabeth M. Bailey and Dr. Timothy Daniel

In this issue of Antitrust Insights, NERA Senior Vice President Dr. Timothy Daniel and Special Consultant Dr. Elizabeth Bailey examine business practices that are potentially subject to scrutiny under Section 2 of the Sherman Act.

23 October 2008

By Christian Dippon

Alleged price fixing in mobile text messaging is emerging as the next wave in telecommunications litigation. NERA Vice President Christian Dippon takes a hard look at the economics of this growing issue.

22 October 2008

By Robert Patton, Dr. Branko Jovanovic, and Svetlana Starykh

This paper is an update to our June 2008 publication, Do Options Backdating Class Actions Settle For Less?

21 October 2008

Edited by Dr. Elaine Buckberg and Dr. Ronald I. Miller

This NERA brief describes the extraordinary sequence of policy developments regarding the Paulson Plan and the Emergency Economic Stabilization Act of 2008.

21 October 2008

By Graham Shuttleworth

Frontier Economics (FE) wrote a paper that considered the strengths and weaknesses of Ofgem's IQI for capital expenditure projections. In response, EDF Energy asked NERA Director Graham Shuttleworth to review the FE paper.

13 October 2008

By Dr. Frederick Dunbar and Dr. Arun Sen

This paper shows that counterfactual analysis, a relatively recent trend in the philosophy of causation that is being applied in the social sciences, has a role in understanding causation in shareholder class actions.

13 October 2008

By Dr. David Tabak

This paper examines how a careful approach to the market method can yield more defensible valuations that are also more in line with the Daubert criteria for expert testimony.

10 October 2008

Edited by Dr. Ronald I. Miller and Dr. Elaine Buckberg

This brief provides a description of what is new in the final version of the Paulson Plan and a discussion of some proposals by economists for additional measures that might be taken beyond the present Act.

9 October 2008

By Raymund Wong

In this paper, NERA Senior Consultant Raymund Wong explores the existing legal and theoretical support for the FIFO and LIFO methods, and examines the implications for damages calculations.