Education
Stanford University, Ph.D. in finance and economics; University of British Columbia, M.A.; Princeton University, B.S.E. |
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Biography
Dr. Michael Cragg has extensive consulting, research, and expert witness experience in corporate finance, financial services, and valuation. He has testified in state and federal courts as well as in regulatory proceedings around the country. His expertise includes consulting on risk and financial management matters with a focus on leading teams in complex litigation.
He has assisted corporations, the U.S. Department of Justice, and the Internal Revenue Service in developing economic and financial testimony in a variety of finance and tax litigation. Dr. Cragg recently played a central role in the highly-publicized Long Term Capital Management litigation and the Glaxo transfer pricing dispute.
Prior to joining The Brattle Group, Dr. Cragg was a founding partner of Cambridge Finance Partners, LLC where he served as a consultant and expert witness on litigation cases in the financial services, pharmaceutical, electric and gas, and high-tech industries. He was also formerly a partner at Bates White and a vice president at Analysis Group, where he focused on antitrust, intellectual property and competition analysis.
Dr. Cragg began his career as a professor of economics at Columbia University and UCLA’s Andersen School of Management. He was also a consultant at RAND, and a senior economist in the Capital Markets Section of the Milken Institute. His research has been sponsored by a range of institutions and foundations including the NSF and NIH.
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Selected Publications
- "The Impact Of HR 3424 On The US Insurance Market,"
by Michael I. Cragg and Bin Zhou, Insurance Law360, July 22, 2010.
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"The Impact on the U.S. Insurance Market of H.R. 3424 on Offshore Affiliate Reinsurance: An Updated Economic Analysis,"
by Michael I. Cragg, J. David Cummins, and Bin Zhou, The Brattle Group, Inc., July 8, 2010.
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"Can the U.S. Congressional Ethanol Mandate be Met?,"
by Metin Celebi, Evan Cohen, Michael I. Cragg, David Hutchings, and Minal Shankar, The Brattle Group, Inc., May 2010.
- Understanding the Credit Crisis Part 2: Getting Down the Mountain 2009 No. 2 (Finance).
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"Carbon Geography: The Political Economy of Congressional Support for Legislation Intended to Mitigate Greenhouse Gas Production,"
by Michael I. Cragg and Matthew E. Kahn, The Brattle Group, Inc., May 2009.
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"The Impact on the U.S. Insurance Market of a Tax on Offshore Affiliate Reinsurance: An Economic Analysis,"
by Michael I. Cragg, J. David Cummins, and Bin Zhou, The Brattle Group, Inc., May 1, 2009.
- Understanding the Credit Crisis: The Treasury, the Fed, and the Banking System 2008 No. 2 (Finance).
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