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Economic Analysis
JPC's philosophyInformation can be analyzed properly only when it is fully understood. JPC's analytical tool kit has forged its reputation for solid analysis that can endure, even in adversarial settings. It contains both judgmental and statistical tools because economics is not an exact science.The analysis we conductFor business planning: JPC analyzes current and prospective markets, here and abroad, and the pricing actions appropriate to such markets; develop tools that permit us to analyze price movement over the life cycle of specific products and that are of assistance to firms in making decisions about adopting new production technologies; some of this work requires the estimation of price and income elasticities.For employer-employee relations: JPC provides support in collective bargaining and interest arbitration; advise in the development of compensation packages for the full range of occupational categories and for unique job positions. For parties to litigation or other adversarial situations: JPC analyzes economic evidence and damage calculations in issues involving antitrust, contract escalation, property-tax-related valuation and rate making in regulated industries; JPC's knowledge of economic data and of measurement issues is an invaluable aid in completing the tasks clients request, especially in situations in which JPC is asked to analyze the statistics used by their adversaries. For public policy: for government, industry, trade associations and nonprofit think-tanks, JPC analyzes and evaluates economic policy issues in the areas of tax legislation, health care, loans to small business and employment training incentives. |
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