Abstract We compare the two dominant approaches to estimation of benchmark damages in antitrust litigation, the forecasting approach and the dummy variable approach. We give conditions under which the two approaches are equivalent and present the results of a small simulation study.

This article serves as an introduction to a symposium that was organized with the goal of ex plicating, discussing, and evaluating the validity of the most important statistical and demo graphic issues that have been raised in voting rights cases. The article outlines, discusses, and evaluates...

The state-determined measure of the equalized valuation of the taxable property base in local jurisdictions is often crucial in the disbursement of state funds. This note describes the outcome of an equalization study for the state of Massachusetts. The results suggest that the ratio of...

South Africa's transition from apartheid to democracy has been successful because its federal governance has provided protection for the economic elite from maximal redistributive taxation. Federal governance creates a "hostage game" in which the majority central government controls tax rates,...