Cragg13
Biography
Publications
Personal Interests

Dr. 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 nationwide. 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 key role in the closely watched case regarding the government's treatment of AIG, as well as in the highly-publicized Long Term Capital Management litigation and Eaton’s and Glaxo’s recent transfer pricing disputes.

Prior to joining the firm, 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. Dr. Cragg currently serves as a co-editor of The Economists’ Voice.

Report
March 13, 2017
Michael I. Cragg, Jehan deFonseka, Lawrence Powell, and Bin Zhou
Published in Tax Notes, Volume 154, Number 11

This report finds that newly-proposed tax legislation aiming to defer the recognition of affiliated offshore reinsurance for U.S. tax purposes will negatively impact businesses and consumers in the United States.

Report
February 27, 2017
Michael I. Cragg, Jehan deFonseka, Bin Zhou, and Lawrence Powell

This is an excerpt from the report titled “The Impact of Offshore Affiliate Reinsurance Tax Proposals on the U.S. Insurance Market,” originally published on January 23, 2017. This excerpt is focused the economic impact of the border adjustment provision contained in the Republican’s Blueprint tax reform proposal.

Article
The Interaction of Managerial and Tax Transfer Pricing
January 21, 2016
Published in Bloomberg BNA Tax Management Transfer Pricing Report

The authors examine the differences between transfer prices used for tax and for management purposes, emphasizing the need to explain the differences to tax authorities who may question the company’s motives.

Article
Making the Most of Document Analytics
December 1, 2015
Published in Law360
Article
An Economic Framework for Identifying the Tested Party
November 30, 2015
Published in Tax Notes
Article
Insistence - Redefining How We Think of Antitrust
November 2015
Published in Perspectives in Antitrust, a publication of the Antitrust Law Section of the American Bar Association
Article
Corporate Inversion Transactions: Valuation Considerations
August 3, 2015
Evan Cohen, Michael I. Cragg, Jehan deFonseka, and Ryan Tholanikunnel
Published in Tax Notes
Article
Growing Apart: The Evolution of Income vs. Wealth Inequality
June 10, 2015
Published in The Economists' Voice
Article
Inequities in Tax Policy
May 4, 2015
Published in the Huffington Post
Report
Statistical review of U.S. macronutrient consumption data, 1965-2011: Americans have been following dietary guidelines, coincident with the rise in obesity
May 2015
Evan Cohen, Michael I. Cragg, Bin Zhou, Jehan deFonseka, Melanie Rosenberg, and Adele Hite
Published in the Nutrition journal
Article
Equity Market Microstructure and the Challenges of Regulating HFT
January 16, 2015
Published in Financier Worldwide
Article
The Role Of Conjoint Surveys In Reasonable Royalty Cases
October 16, 2013
Published in Law360
Presentation
Super-Normal Profits, Intangibles, and Tax Policy: The Role of Economics
August 1, 2013
Presented at the National Association for Business Economics (NABE) Transfer Pricing Symposium, Arlington, VA
Newsletter
The European Debt Crisis and the Role of the European Central Bank
2012
Published by The Brattle Group, Inc.
Report
Cleaning Up Spark Spreads: How Plant Owners Can Reduce Risk Through Carbon Markets
March 2011
Published by The Brattle Group, Inc.
Article
The Impact Of HR 3424 On The US Insurance Market
July 22, 2010
Published in Insurance Law360
Report
The Impact on the U.S. Insurance Market of H.R. 3424 on Offshore Affiliate Reinsurance: An Updated Economic Analysis
July 8, 2010
Michael I. Cragg, J. David Cummins, and Bin Zhou
Published by The Brattle Group, Inc.
Report
Can the U.S. Congressional Ethanol Mandate be Met?
May 2010
Published by The Brattle Group, Inc.
Report
The Impact on the U.S. Insurance Market of a Tax on Offshore Affiliate Reinsurance: An Economic Analysis
May 2009
Michael I. Cragg, J. David Cummins, and Bin Zhou
Prepared for The Coalition for Competitive Insurance Rates, with support from the Association of Bermuda Insurers and Reinsurers (ABIR) and Leading European Reinsurers and Insurers
Newsletter
Understanding the Credit Crisis Part 2: Getting Down the Mountain
2009
Published by The Brattle Group, Inc.
Newsletter
Understanding the Credit Crisis: The Treasury, the Fed, and the Banking System
2008
Published by The Brattle Group, Inc.

Mike has many interests outside of work including kiteboarding, playing hockey, skiing, art, and architecture. He also enjoys spending time with his family.