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AREAS OF SPECIALIZATION
Labor Economics
EXPERIENCE
Mr. Falk is a Vice President with NERA. He received a B.A., cum laude, and M.A. degrees in Economics from Yale University. While completing Ph.D. examination requirements at Yale, he taught courses in microeconomic theory and the history of economic thought.
In NERA's energy practice, he has worked on a variety of issues involving the modeling of investment and industry structure. In particular, he is the current developer of the NERA Electric Market Model, which estimates market clearing prices in heretofore regulated markets. He has studied market power questions in emerging electricity markets and has estimated the social benefits of real-time pricing options for electricity. Finally, he has created a number of models to value flexibility in utility planning.
In NERA's telecommunications practice, Mr. Falk has participated in studies on residential access demand to the telephone system, choice of service among telephone company offerings, optimal pricing structures and estimation of the marginal costs of telephone service.
In environmental economics, Mr. Falk has estimated benefits in recreational activity and increased property values resulting from tighter discharge standards for paper mills and for nuclear power plants.
Mr. Falk has worked on several cases involving credit discrimination in automobile and housing markets. He has performed statistical analyses to predict credit decisions.
Finally, in labor economics, Mr. Falk has testified both on statistical estimations of liability in termination and promotion processes and in calculations of lost earnings in both wrongful termination and wrongful death cases. In addition, he has testified in several cases on contract damages and has extensive experience in the estimation of damages arising from contract disputes.
EDUCATION
- M.Phil., Economics, Yale University
- M.A., Economics, Yale University
- B.A., Economics, cum laude, Yale University
PROFESSIONAL AFFILIATIONS
- Faculty, Practicing Law Institute, Employment Law Seminar
- Member, American Statistical Association
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