Dr. Gurrea has more than 20 years of experience in economic consulting and specializes in industrial organization, financial economics, and econometrics.
San Francisco
Stuart Gurrea is a Managing Director at Secretariat with over two decades of experience in economic consulting. Dr. Gurrea holds an undergraduate degree in economics from the University of Seville, Spain, and both a Master’s and a Ph.D. in economics from Northwestern University. He specializes in industrial organization, financial economics, and econometrics, and has provided expert testimony in U.S. Federal and state courts, and at arbitration.
Dr. Gurrea combines theoretical modeling with quantitative techniques to address complex economic questions across a wide range of areas, including breach of contract, valuation, securities fraud, discrimination, antitrust and intellectual property. His work often involves the construction of large data sets, and the use of survey, statistical, econometric, and simulation techniques.
Dr. Gurrea’s experience includes quantifying economic damages individually and on a class-wide basis. His expertise extends to calculating statutory damages and assessing punitive damages. Dr. Gurrea’s consulting engagements often involve conducting impact evaluations to ascertain the causal effect of an intervention, such as policies or regulations, on outcomes of interest. For instance, Dr. Gurrea has analyzed the impact of alleged discriminatory policies on college admissions.
Dr. Gurrea has conducted economic analyses in the context of legal disputes, policy making, and business strategy, and has served as an expert for plaintiffs and defendants. Dr. Gurrea has been retained by individuals, corporations, industry associations, non-profit organizations, and government agencies. Dr. Gurrea has addressed economic issues in a variety of industries, including financial services and insurance, healthcare, energy, transportation, telecommunications, and pharmaceuticals.
While attending Northwestern University, Dr. Gurrea worked as an investment research analyst. He also collaborated in numerous research projects involving the construction of data sets and the estimation of econometric models.
Secretariat Experts Contribute to “2024 Annual Review of Antitrust Law Developments”
Secretariat team members Stuart Gurrea, Jéssica Dutra, Wei Tan, Pablo Varas, and Noah Case have contributed to “Chapter I — Restraints of Trade” in the recently published “2024 Annual Review of Antitrust Law Developments” from the ABA Antitrust Law Section. Michael Koenig contributed to “Chapter VIII — Civil Government Enforcement”.
Litigating the Impact of Race: Lessons from SFFA v. U.S. Naval Academy
The recent ruling for defendants Students for Fair Admissions v. The United States Naval Academy, et al. (“SFFA v. USNA”) underscores the limitations of regression analysis when applied to complex, multifaceted decision-making processes like college admissions. Regression analysis is used to quantify the impact of alleged gender, ethnic, or racial discrimination on outcomes beyond college admissions, such as hiring decisions or loan approvals.
Dr. Stuart Gurrea provided trial testimony that contributed to the United States Naval Academy’s victory in Baltimore Federal District Court upholding the Academy’s consideration of race and ethnicity in its admissions process.