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AREAS OF SPECIALIZATION
Labor Economics
EXPERIENCE
Dr. Thomas received a B.A. cum laude in Economics from the University of California, Los Angeles, and M.A. and Ph.D. degrees in Economics from the University of California, Irvine. While in graduate school, he specialized in public choice, industrial organization, and econometrics. His graduate honors included a Regent's Dissertation Fellowship and an Outstanding Graduate Scholar Award.
At NERA, Dr. Thomas has worked on a wide variety of antitrust matters involving the agriculture, aerospace, airline, automotive, entertainment, health care, newspaper, office equipment, oil and gas, plastics, and soft drink industries. He has studied relevant markets, monopoly pricing, predatory practices, price discrimination, tying, vertical restraints, mergers and acquisitions, antitrust damages, and class certification issues. Dr. Thomas has also specialized in intellectual property matters involving the insurance brokerage, medical equipment, and pharmaceutical industries. He has focused on the valuation of patents and trade secrets and the calculation of damages resulting from infringement/misappropriation.
In addition, Dr. Thomas has worked on a large number of commercial damage matters involving the industries mentioned above as well as the accounting, arts and crafts, cable television, philanthropy, sporting goods equipment, and video industries. He has applied econometric techniques and financial analysis to calculate damages for tortious interference, breach of contract, and wrongful injury/termination cases. Finally, Dr. Thomas has performed valuations of various businesses, including corporations and professional partnerships. He has used business projections, financial statements, and stock price data to assess the market value of these entities.
Before joining NERA, Dr. Thomas served on the faculty at the University of California, Irvine. He taught introductory macroeconomics, intermediate macroeconomics, and intermediate microeconomics. His research focused on information and advertising: bill sponsors as voting cues, stock market reaction to unanticipated legislation, and negative advertisements and voter turnout.
Dr. Thomas has published several papers in the areas of public choice and industrial organization. His article, "Determinants of Legislative Success in House Committees," appeared in the journal Public Choice. His most recent paper, "Efficiencies Analysis in Hospital Mergers," appeared in two different American Bar Association publications.
He is a member of the American Economic Association and Western Economic Association and an associate member of the American Bar Association and the American Health Lawyers Association.
EDUCATION
- Ph.D., Economics, University of California, Irvine
- M.A., Economics, University of California, Irvine
- B.A., Economics, University of California, Los Angeles
PROFESSIONAL AFFILIATIONS
- American Bar Association
- American Economic Association
- American Health Lawyers Association
- Western Economic Association
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