The Law and Economics of Class Actions

by James Langenfeld (Editor)

Overview

"Legal and economic analyses overlap and interact in many areas. Recent U.S. Supreme Court and lower court decisions on class action lawsuits clearly focus on the critical role that economic analysis plays in determining the outcome of class actions. Wal-Mart Stores, Inc. v. Dukes and Comcast Corp. v. Behrend have made national headlines, raising the bar in class certification for showing common impact and preponderance through expert testimony. These decisions have turned on the adequacy of the analyses put forth by expert economists, finding the analyses of the plaintiffs' economists to be insufficient. The decisions will have significant implications for use of expert testifiers in class certification and in estimation of monetary damages, presenting challenges to both attorneys and economists in antitrust and other class actions. This book focuses on the changing landscape of class action law and its interaction with the economic analysis of key issues in class actions. Articles examine the elements of class action law from diverse viewpoints, featuring defendant and plaintiff perspectives, concerning domestic and international law, and written by lawyers and economists."

Product Details

ISBN-13:	9781783509515
Publisher:	Emerald Group Publishing Limited
Publication date:	03/28/2014
Series:	Research in Law and Economics , #26
Pages:	400
Product dimensions:	5.98(w) x 9.02(h) x 1.30(d)

Table of Contents

The law and economics of class actions: Yesterday, today, and tomorrow. From Hydrogen Peroxide to Comcast: The new rigor in antitrust class actions. The class cert games: Coach, commentator, or critic?. Antitrust class proceedings – Then and now. Econometric tests for analyzing common impact. Assessing market efficiency for reliance on the fraud-on-the-market doctrine after Wal-Mart and Amgen. European collective redress: Lessons learned from the U.S. experience. Cartel overcharges. List of Contributors. Copyright page. The Law and Economics of Class Actions. Research in Law and Economics. The Law and Economics of Class Actions. The law and economics of class actions: Yesterday, today, and tomorrow. From Hydrogen Peroxide to Comcast: The new rigor in antitrust class actions. The class cert games: Coach, commentator, or critic?. Antitrust class proceedings – Then and now. Econometric tests for analyzing common impact. Assessing market efficiency for reliance on the fraud-on-the-market doctrine after Wal-Mart and Amgen. European collective redress: Lessons learned from the U.S. experience. Cartel overcharges. List of Contributors. Copyright page. The Law and Economics of Class Actions. Research in Law and Economics. The Law and Economics of Class Actions.