Data Science in Economic Consulting - Use Cases in Regulations, Litigations, and More

Explore the transformative impact of data science on economic consulting in this 49-minute talk by Minyoung Rho, Data Scientist at Oxera Consulting LLP. Discover how data science methodologies are revolutionizing the field, with a focus on applications in regulations, litigations, and competition economics. Learn how economic consultants leverage data science to analyze vast datasets, predict market dynamics, and provide evidence-based guidance for regulatory decision-making. Examine case studies showcasing the power of data-driven analysis in assessing damages, analyzing economic impact, and informing legal strategies in litigation. Delve into the application of data analytics, machine learning, and econometric techniques in competition economics to unravel market dynamics and identify anti-competitive behavior. Gain insights into the multidimensional impact of data science on economic consulting and how this synergy shapes more comprehensive, accurate, and actionable insights. This talk was presented at the 2023 Oktoberfest Data Science Festival at CodeNode in London, organized by the Data Science Festival community.