Dr. Elizabeth M. Bailey

Affiliated Academic


San Francisco
Tel: +1 415 291 1000
Fax: +1 415 291 1020

Email: elizabeth.bailey_affiliate@nera.com
vCard: Download


PhD in economics, Massachusetts Institute of Technology
BA in economics and mathematics, summa cum laude, Colgate University


Dr. Bailey is a Lecturer in the Finance Group at the University of California, Berkeley's Haas School of Business.

Dr. Bailey is also an expert on the economics of antitrust and intellectual property, particularly the effects of proposed mergers, acquisitions, and joint ventures on competition. She has provided economic analysis on mergers and acquisitions in the US and Europe, and has appeared before the US Department of Justice and the Federal Trade Commission on a variety of transactions. In addition, she has provided analyses related to Section 8 of the Clayton Act (interlocking directorates). In the area of intellectual property, Dr. Bailey has analyzed damages in patent infringement litigation and has evaluated competition issues related to patents. She has also provided economic analysis of the issues arising in price fixing, bid rigging, antitrust damages, attempted monopolization, and breach of contract. She also specializes in the application of econometrics to these areas.

Dr. Bailey is recognized as a Future Leader in Who’s Who Legal: Competition 2017

Dr. Bailey is a frequent speaker and writer on topics related to antitrust, intellectual property, and energy. She is the co-author of the book Markets for Clean Air: The US Acid Rain Program, published by Cambridge University Press. Her papers have appeared in numerous publications including the American Economic Review, the Journal of Economic Perspectives, The B.E. Journal of Economic Analysis & Policy, Managing IP, and The Electricity Journal. In addition, Dr. Bailey is former Associate Editor of Antitrust Magazine and a former Editor of The Antitrust Source, publications of the American Bar Association’s Section of Antitrust Law.

Formerly a Vice President at NERA, Dr. Bailey remains affiliated with the firm. Prior to joining NERA, Dr. Bailey was an award-winning teacher in the W.P. Carey School of Business at Arizona State University. 

Title Type Author
Regression Analysis Explained for Antitrust Practitioners Published Article Dr. Elizabeth Bailey
Improving Merger Analysis With Randomized Controls Trials Published Article By Dr. Elizabeth M. Bailey
Ownership and Control: Implications for the Analysis of Interlocking Directorates, Pa... Book Dr. Elizabeth Bailey
Behavioral Economics and US Antitrust Policy Published Article By. Dr. Elizabeth M. Bailey
Nancy Rose, New Deputy Assistant Attorney General for Economics Published Article By Dr. Elizabeth M. Bailey, et al.
Apportionment Treats The Symptom, Not The Disease Published Article By Dr. Elizabeth M. Bailey et al.
Making Sense of 'Apportionment' in Patent Damages Published Article By Dr. Elizabeth M. Bailey et al.
Recurring Themes on Reasonable Royalties in Recent IP United States Damage Cases Working Paper By Dr. Elizabeth M. Bailey and Dr. Alan Cox with former NERA economist Gregory Leonard
Behavioral Economics in Antitrust Published Article By Dr. Elizabeth M. Bailey
Anticipating Merger Guidelines from Mexico's Commission on Competition Published Article By Dr. Elizabeth M. Bailey et al.