Leslie Schafer is a Managing Director with Econ One Research, Inc. She applies economic analysis and econometrics to liability and damages estimation for litigation matters concerning antitrust, intellectual property, false advertising, and health care reimbursement. Dr. Schafer has served as a testifying expert about the reasonable value for out-of-network health care services; differences between in-network and out-of-network pricing; medical monitoring costs; market definition; market power; monopolization; false advertising; and damages for infringement of patents, trademarks, and copyrights.
Dr. Schafer’s health care-related work experience also includes calculating overcharges in class action antitrust matters due to most-favored nation clauses and other provisions in hospital-payer contracts, analysis of pharmaceutical pricing, statistical analysis of Medicare Advantage audits and Medicare claims in False Claims Act cases, and forecasting retiree health care benefits and workers’ claims for occupational injury. Dr. Schafer has analyzed billions of healthcare claims filed with commercial payers, Medicare, Medicaid, and workers’ compensation.
For intellectual property matters, Dr. Schafer has analyzed plaintiff lost profits, defendant profits, reasonable royalties, and damages. She has worked on cases in a wide variety of industries such as automobile parts, batteries, clothing, information technology, medical research, personal mobile communication devices and other consumer electronics, pharmaceuticals, plastic bottles, and taxicab services. Dr. Schafer has experience with comparable licenses, company financials, complex bills of materials, and extremely large datasets of company transactions and retail point-of-sale data.
Dr. Schafer has testified in U.S. District Court and Texas State Court, and has been deposed in federal and state matters.
She has spoken at conferences, on webinars, and for continuing education about healthcare class action antitrust matters, patent and trademark damages, and about working with experts for the ABA, the State Bar of California, the LA County Bar Association, the Beverly Hills Bar Association, NITA, Bridgeport Continuing Education, and the Daily Journal’s Patent Disputes Forum.
Ph.D. & M.A. Managerial Sciences and Applied Economics, University of Pennsylvania, Wharton School of Business (Fields: Industrial Organization, Applied Empirical Microeconomics)
M.P.P. University of Maryland
B.A. Political Science, Tufts University, cum laude
Econ One Research, Inc.
- Managing Director, January 2019 – Present
- Senior Economist, October 2011 – December 2018
McDonough School of Business at Georgetown University
- Adjunct Professor, 2010 – 2011
Exponent, Inc., Health Sciences
- Managing Economist, January 2010 – September 2011
PricewaterhouseCoopers LLP, Advisory Services
- Manager, 2006 – 2009
- Senior Associate, September 2005 – 2006
The Wharton School of Business, University of Pennsylvania
- Lecturer & TA, Managerial Microeconomics (Undergraduate, MBA, and WEMBA), 1999 – 2004
United States Government Accountability Office
- Senior Evaluator, 1996 – 1998
- Evaluator, 1992 – 1996