About Analytic Economics

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Whether you are a large company with volumes of important data, a small business deciding whether or not to enter into a new line of business, or a law firm with a challenging case ahead, having a team on your side to make sense of the numbers is an invaluable help in meeting the challenges that lay ahead.

Analytic Economics is that team.  We have the expertise and experience to do the work quickly and efficiently.  We are experts in some fairly sophisticated tools, but we have been around long enough to know when a simple approach is better.  We also know how to explain what we do in a way that helps you get your job done and can positively impact your bottom line.


Mike Kimel has been working in the field of analytics since 1996, and he founded Analytic Economics in 2001.  Mike has performed a wide range of data analytic and strategic studies, from determining factors that maximize the profitability of investments in film and real estate to developing strategies for cost and risk minimization for large foreign companies.  He has also served as an expert witness on several collective action cases.

In addition to Analytic Economics, Mike has worked for Pricewaterhouse Coopers and two Fortune 500 companies, at one of which he ran the Economic Policy, Strategic Marketing and Competitive Strategies groups.  Mike has also taught Economics and Advanced Statistics at the Graziadio School of Management at Pepperdine University and UCLA.  He has given speeches on the use of data and statistics both in the US and abroad.

Mike earned a Ph.D. in Economics from UCLA. He has two Master’s degrees and a Bachelor’s degree in Mathematics / Economics.  He speaks three languages (English, Portuguese and Spanish) and is the co-author of Presimetrics.


Debra Patek regularly conducts quantitative studies for leading companies across a variety of industries. Current and recent clients include Novell, Pepsi, Cummins, Baxter, Weight Watchers, IDEXX, Progress Energy and Kellogg.

Prior  to Analytic Economics, Debra led the analytics practice at ThinkVine, a venture backed marketing science and simulation company based in Cincinnati, Ohio. She brings over 16 years of corporate and consulting experience in pricing research, economic analysis and consumer behavior modeling. Before that, Debra was a Director of Analytics at marchFIRST and a pricing strategist at the L.M. Berry Company, a division of BellSouth. She has an M.A. in Economics from the University of Cincinnati and has taught economics courses at the University of Cincinnati and Earlham College.

Debra is on the workshop faculty for the Professional Pricing Society and has memberships in the National Association of Business Economists (NABE), the International Association of Energy Economics (IAEE) and the American Marketing Association (AMA).

Consulting Services

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Analytic Economics provides expert services and consulting to law firms, corporations and government agencies, both in the US and abroad.  Our specialty is working with data and making it useful to our clients.  We have provided actionable insights on everything from the development of new spacecraft technology to customer retention.  Our experts also provide analysis and testimony of legal damages, from valuation to collective actions involving the Fair Labor Standards Act.

 Our specialties include

  • Marketing Research & Customer Analytics
  • Price Maximization & Costing
  • Risk Analysis, including Credit & Fraud
  • Strategic Planning
  • Damages in Employment and Business Dispute Cases
  • Tangible and Intangible Property Valuation, Including of Closely Held Firms
  • Anti-trust
  • Tax Policy
  • Data Mining & Machine Learning
  • Data Validation

 Specific industries for which Analytic Economics consultants have expertise include:

  • Aerospace & Defense
  • Automotive
  • Consumer Packaged Goods
  • Energy
  • Food & Beverage
  • Film
  • Financial Services (Investment Banks & Brokerage Firms)
  • Human Resources
  • Real Estate
  • Retail & Convenience Stores
  • Software
  • Telecom

Presimetrics

presimetricsMike Kimel, principal at Analytic Economics, is co-author of Presimetrics with Michael E. Kanell of the Atlanta Journal-Constitution.

Presimetrics is about how Presidents did on a wide range of issues. We focus mainly on the Presidents from Eisenhower (1953) to GW Bush (2008), and look at everything from abortion to economic growth and healthcare. In each case, we go back to the original source of the data. For instance, we use figures from the FBI when we look at the murder rate, and get our data on the National Debt from the U.S. Treasury Department. We use that data to look at the change over the length of each administration, from right before it took office to right before it left office, and rank each administration accordingly. Under whom did the economy grow the fastest? Who created the most jobs? What about unwed births, or the deficit? We answer all those questions and many more. And the results often don’t match public perception at all.

But the book is about more than just Presidents and how they did. It’s about policy. See, it turns out that on many issues, administrations that did well shared similar policies. On the other hand, Presidents that did poorly often took the same approach as others that also did poorly.

One policy that often mattered, at least on economic issues, was the President’s approach to taxes. And the effect of tax policy turns out to be very, very different from what most people believe. And that’s a problem, because bad policy leads to slower economic growth, and that has a real effect on all of us. Slower economic growth means fewer jobs, less income and may even increase social problems like divorce and crime.

For more info please visit my Presimetrics page.

Contact

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2184 Ayers Ave
Akron, OH 44313
Phone: 330-715-9543

Making business data useful since 2001.

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