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Associate Director Dr. Daniel Werner has published the article “Supply-Side Data Can Help Product Defect Damages Models” in Law360. Dr. Werner discusses economic damages and price premium methodologies applied in class actions involving product defect claims. He covers:

  • Conjoint analysis and the related economic issues for damages;
  • Disagreement among courts regarding the use of conjoint analysis, as noted in the Fisher-Price case; and
  • Economic market simulations that can incorporate supply-side conditions in a manner that courts have ruled admissible.