Edgeworth experts publish in a variety of scholarly and trade journals on a range of topics including economics, legal cases, and data analytics. Discover our most recent thoughts and findings here.
- Published Article, Bloomberg Law | 09.19.2022
A theory of harm frequently alleged in consumer and employee data breach class actions is that plaintiffs “lost the value of personal information.” That is, plaintiffs allege that their sensitive information held by the defendant had value, and the cyberattack on the defendant exfiltrating the data diminished that value.
Assessing economic injury and damages under this type of theory presents economists with questions that may seem semantic but are in fact foundational. What does it mean for “data” to have “value”? And what does it mean for the “value” of “data” to “be lost” as a result of unauthorized disclosure in a cyberattack?
This article will provide an introduction for practitioners to the economic concepts behind these questions.
- Published Article, ABA Antitrust Magazine | 09.13.2022
In this article, Edgeworth CEO Dr. John Johnson and Edgeworth President Chuck Fields, along with Kirkland & Ellis Partner James H. Mutchnik, map the DOJ’s evolving position over time and discuss both the legal and economic reasons why it is improper to presume that all such agreements should be treated under a per se standard as de facto market allocation.
- Published Article, Law360 | 06.13.2022
The Congressional Progressive Caucus recently proposed an increase in the salary threshold that they claim will reach $82,732 by 2026 — $1,591 per week. Businesses required to accurately record the work hours and accurately calculate regular rates of millions of managers and professionals, many of whom receive bonuses and commissions, are likely to face a considerable increase in compliance costs.
- Published Article, Law360 | 05.16.2022
In this article, Dr. George Korenko and Dr. Tram Nguyen identify dimensions along which, over aggregation and averaging, likely lead to findings of uninjured class members.
- Published Article, Law360 | 04.12.2022
Over the past decade, there has been a notable increase in the number of class actions brought against manufacturers of food and consumer packaged goods, specifically with respect to allegations of false claims in advertising and product labeling. In such cases, plaintiffs typically allege that consumers were harmed because they paid higher prices than they would have paid had they possessed complete information.
- Published Article, 10.04.2021
Since the California Supreme Court issued its ruling in the Ferra v. Loews Hollywood Hotel, LCC matter, many articles have alerted California employers that the meal and rest premium payments for non-compliant meal and rest periods must be paid at the regular rate instead of the employee’s base hourly rate.