Murphy’s Law: Economist For Sabre Counters American Airlines’ Expert

New York - University of Chicago professor Kevin Murphy is an award-winning economist. His most prestigious honor is the John Bates Clark medal, won in 1997. For economics, it's up there with the Nobel Prize. Murphy testified last week in the US Airways v. Sabre trial here, dueling with a winner of that other award, Joseph Stiglitz. Stiglitz had testified for the plaintiffs. Speaking in Sabre's defense, Murphy thoroughly disagreed.

What it means for the trial is unclear . . .

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Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.