Ph.D., Economics, University of Rochester, 1995
M.A., Economics, University of Rochester, 1994
B. Statistics, Indian StatisticalInstitute, 1988
Rajeev Bhattacharya, Ph.D. has over two decades’ research, consulting and teaching experience in finance, economics and big data. He has served on the full-time faculty of Georgetown University, Washington University in St. Louis and University of New South Wales. He teaches finance, managerial economics, applied game theory, microeconomics and industrial organization; and has published on securities class actions and efficiency of capital markets, capital asset pricing model (CAPM), agency theory, price wars and pricing, trust (over 800 citations), and other topics, in journals such as the Santa Clara Law Review and Academy of Management Review, in conference proceedings such as those of the Econometric Society, and in the Palgrave Encyclopedia of Strategic Management. His most recent publication on finance and big data is currently being profiled on the website of Stanford University. He has also worked as an economics and finance expert with leading consulting firms since receiving his doctorate in 1995.
Professor Bhattacharya has been a testifying expert on a number of matters including: harm to investors under allegations of securities manipulation; measuring harm as a result of delays in delivery of options, warrants and other derivatives; class certification and damages in a class action; tying and price fixing; impact of alleged vertical foreclosure on price, quantity and quality; violation of intellectual property; and profits lost by a retailer due to directory error.
As a consulting expert in big data and financial economics, Dr. Bhattacharya has applied state-of-the-art and innovative economic and econometric methods (especially event studies) to litigation matters involving fraud on the market; market manipulation and insider trading issues; impact of trades; best execution by mutual funds; interpositioning, trading ahead and front running; valuation; insolvency; and other issues involving stocks, bonds, options, and other derivatives. He has advanced programming skills in SAS, and has over fifteen years’ experience supervising programming in SAS and Stata.
As a consulting expert in applied microeconomics, he has applied advanced economic and statistical methods to complex litigation matters involving commercial disputes, market definition, monopolization, price fixing, single entity defense, off-label marketing, lost profits and reasonable royalties, price erosion, bankruptcy and fraudulent conveyance, tying, and auctions across a variety of industries.
Professor Bhattacharya has also served as an expert in many class actions and damages matters.
Dr. Bhattacharya has a Ph.D. in economics from the University of Rochester.
Expert witness, financial economics, securities class action, applied microeconomics, damage analysis
Financial markets and securities
Arbitrage Risk and Market Efficiency – Applications to Securities Class Actions, with O’Brien, 2015, Santa Clara Law Review
Capital Asset Pricing Model (CAPM), in David Teece and Mie Augier (eds.), 2015, Palgrave Encyclopedia of Strategic Management, Palgrave Macmillan, Basingstoke, UK
Non-Monotonicity of Equilibrium Price – Two Static Models,in Michael McAleer, Paul Miller, Anthony Hall, and William Schworm (eds.), 1996, Econometric Society Australasian Meeting 1996 Proceedings, University of Western Australia, Perth, Australia