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Members of NERA's Global Antitrust and Competition Practice joined an expert faculty at the ABA Section of Antitrust Law's three-day annual meeting in Washington, DC on 30 March - 1 April 2011 for a comprehensive review of developments in antitrust and consumer protection law.
On the first day, Senior Vice President and Chair of NERA's Antitrust and Competition Practice Dr. Ramsey Shehadeh chaired the panel, "Behavioral Economics: Departing from the Rational-Actor Model?" The panelists explained the "bounded rationality" of behavioral economics, explored its relevance to antitrust, and considered how it might affect outcomes in antitrust enforcement and litigation.