Eric Fruits

Principal Consultant, Pacific-Northwest Region


Ph.D., Economics, Claremont Graduate University, 1997
M.A., Economics, Claremont Graduate University, 1993
B.S., Business Economics & Public Policy, Indiana University, 1990

Follow Eric on Twitter 

T: (503) 928-6635
Download V Card
Download CV

Dr. Eric Fruits is an economics, finance, and statistics expert based in Portland, Oregon and directing the firm’s work in the Pacific-Northwest region. Dr. Fruits has produced numerous research studies involving economic analysis, financial modeling, and statistical analysis, and provides expert witness testimony in state, federal, and international courts.

  • As an economic damages expert, Dr. Fruits provides expert testimony on business valuation, lost profits, and foregone income. He has been a testifying expert in cases involving real estate valuation, health care services, and transportation and shipping services. He has provided expert testimony to state and federal courts.
  • As a finance expert, Dr. Fruits has been a testifying expert and provided expert consulting services in cases alleging insider trading. He is a securities expert who has conducted numerous research studies on financial issues, including initial public offerings and municipal bonds.
  • As a statistical expert, Dr. Fruits has provided expert testimony on real estate transactions, profit projections, agricultural commodities, and war crimes allegations. His testimony has been submitted to state courts, federal courts, and an international court.
  • As a Daubert expert, he has testified in federal court on the methods and procedures of science and described the Daubert standard to an international tribunal.
  • As an antitrust expert, Dr. Fruits has assisted in the review of several mergers, including Exxon-Mobil, BP-Arco, and Nestle-Ralston; worked on many antitrust lawsuits, including Weyerhaeuser v. Ross-Simmons, a predatory bidding case that was ultimately decided by the United States Supreme Court; and published articles on antitrust economics, price fixing, and cartels for the Journal of Law and Economics.

He has authored peer-reviewed articles on initial public offerings, the municipal bond market, and the formation and operation of cartels. His economic analysis has been widely cited and published in The Economist, the Wall Street Journal, and USA Today

Dr. Fruits has been affiliated with Portland State University, Pacific Northwest College of Art, University of Southern California, Indiana University, and the Claremont Colleges.

Search our Staff



Antitrust, valuation, damages, Daubert, economic and financial analysis, IP, labor and employment disputes, public policy, regulation and antitrust, securities, statistics

Industry Experience

Securities, real estate, public pension systems, construction, computer hardware, software, high technology, agriculture, banking, consumer and commercial electronics, convenience stores, entertainment, entertainment/ broadcasting, consumer products, government, healthcare, human rights, war crimes, manufacturing, maritime, medical devices, motor fuel, natural gas, natural resources, pensions, petroleum, provision of health care services, retail, semiconductors, software, telecommunications, transportation

Selected Publications & Presentations

Market power and cartel formation: Theory and an empirical test. Journal of Law and Economics, with D. Filson, E. Keen, and T. Borcherding. 44:465–480. 2001.

A comprehensive evaluation of the comparative cost of negotiated and competitive methods of municipal bond issuance. Municipal Finance Journal, with R. J. Pozdena, J. Booth, and R. Smith. 28(4):15–41. Winter 2008.

Managerial ownership, compensation, and initial public offerings. In Marr, M. and Hirschey, M., editors, Advances in Financial Economics, volume 2. JAI Press. 1996.
Compact development and greenhouse gas emissions: A review of recent research. Center for Real Estate Quarterly Journal, 5(1):2–7. Winter 2011.

Test bank for W. B. Brueggeman and J. D. Fisher. Real Estate Finance and Investments, 14th ed. McGraw-Hill/Irwin. 2010.

Related Service Areas

© Nathan Associates Inc. All Rights Reserved
Privacy Policy | Contact & Locations | Site Map
News RSS Feed | Jobs RSS Feed