David K. Mordecai
Risk Economics, Inc.
Dr. David K.A. Mordecai, Ph.D. is President and Co-Founder of Risk Economics®, a New York City based advisory firm. As Practice Lead for the Risk Economics® litigation, regulation and arbitration expert advisory practice, Dr. Mordecai serves as an expert on (i) loss causation and economic damages related to liability from operational and model risk, machine testimony, algorithmic bias, as well as (ii) the analysis of computational and digital forensics, (iii) market structure, (iv) financial institutions governance, (v) complex issues related to finance, economics and market standards and practices within securities, derivatives, reinsurance, and commodities markets, as well as (vi) industrial engineering, economics and market structure across a diverse range of non-financial industry sectors. He has advised and provided technical oversight for pattern and practice investigations, internal regulatory investigations, insurance investigations for state regulators, as well as stress-testing for global financial institutions. Having testified extensively at deposition, trial, arbitration and international arbitration, Dr. Mordecai has been admitted as an expert in federal, state and county courts, and cited favorably in court decisions. He has also provided analysis and testimony for a number of complex municipal finance, environmental, and structured property-casualty reinsurance and life insurance matters. As the expert for the U.S. Government in the C.V. Starr case, his damages testimony was cited in the Federal Claims Court decision issued by Judge Wheeler. In addition, Dr. Mordecai advised on a merger-related intellectual property dispute involving Samsung and Microsoft, and testified on due diligence practices and forensic financial and economic analysis applied to complex insurance and reinsurance liabilities, M&A and successor liability, as well as asset liability and risk management models and practices. As a Visiting Scholar at Courant Institute of Mathematical Sciences NYU, Dr. Mordecai co-advises research activities at RiskEcon® Lab for Decision Metrics established in 2011, focused primarily on research and development (R&D) related to remote and compressed sensing, signal processing, forensic analytics, anomaly detection and statistical process control. He currently serves as Chair of the Nanotechnology Committee, Co-Chair of the Space Law Committee and Vice-Chair of the Artificial Intelligence and Robotics Committee for the American Bar Association Science & Technology Law Section. In 2019, he was appointed technical advisor to study committees commissioned by the Uniform Law Committee (ULC) on automotive Event Data Recorders and in 2020, on mitigation of public health emergency business disruptions. Dr. Mordecai earned a Ph.D. with concentrations in Econometrics/Statistics and Economics/ Industrial Organization from the University of Chicago and an M.B.A. in Finance from NYU Stern School of Business.
11/21
