David Jevons


+44 (0) 1865 253033

Location: Oxford

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David works in Oxera’s Modelling team, using advanced quantitative techniques such as econometrics and simulation tools to provide advice on commercial strategy, litigation and regulatory issues. He provides advice on business planning for investments, mergers, acquisitions and public policy choices.

David specialises in litigation support and was a key member of the Oxera team that worked together with DG Competition to develop a handbook to aid quantification of antitrust damages. He has a wide range of experience in damages cases, working on cases in the UK, the USA and Germany. David has also undertaken a variety of work in the infrastructure sector for clients such as London Underground, Balfour Beatty, Network Rail and National Grid, and technology companies such as Google, Virgin Media and Nokia.

Selected project experience

  • Advising Scottish Power on the energy market investigation at the CMA (2015)

  • Quantified the economic effects of Virgin Media’s network expansion (2015)

  • Advised the London bus operators and TfL on amendment of the mechanism for adjusting contracts pricing for wage inflation (2014)

  • Led the team that produced Oxera’s public domain report for Google on the impact that safe harbour laws can have on Internet intermediary liability (2014)

  • Led Oxera’s work for a bus company on pricing strategy (2014)

  • Provided an expert report in an international arbitration on the quantum of damages caused by the imposition of a security charge at a European airport (2014)

  • Assessing the potential competition effects and patient benefits of a merger of large Foundation Trusts in the health sector (2013)

  • Reviewed expert economic submissions in a follow-on damages claim (2013)

  • Advised regulated companies on the potential changes in the ONS’s definition of RPI (2012–13)

  • Led Oxera’s work for Google examining the benefits of Geo services to the global economy (2012)

  • Advising Network Rail and Gatwick Airport on efficiency issues in their periodic reviews (2012)

  • Adviser to Thomas Cook on its acquisition of a high-street travel business (2010–)

  • Led a business case review for a major investment in the wholesale food industry (2011)

  • Advised Balfour Beatty on the economic benefits deriving from infrastructure projects across different sectors (2011)

  • Quantified the harm to an international car manufacturer arising from a car glass cartel (2010)

  • Developed non-binding guidance for courts on quantifying antitrust damages for the European Commission (2009)

  • Quantifying follow-on damages for a client following a US Department of Justice cartel decision (2008–)

  • Advised LUL on input price inflation and indexation in the context of the PPP agreement (2008)

  • Project manager on assessing Network Rail’s scope for efficiency gains in operating, maintenance and renewals expenditure for ORR (2007)

  • Project manager for Arriva’s merger referral to the OFT following its acquisition of the New Cross Country Franchise (2007)

  • Project manager providing demand forecasting advice to a TOC bidding for a rail franchise (2006–07)

  • Efficiency advice to Royal Mail, including during its 2006 price and service quality review—advice on performance issues (using DEA and SFA) (2005–06)

  • Adviser to Cott Beverages Ltd in the context of the in-depth investigation by the Competition Commission into its acquisition of Macaw (2005–06)

  • Project manager for quantifying the impact of changes in fiscal policy for HMRC (2005–06)

  • Estimating speeds of adjustment and long-run elasticities for fare, delay and journey time for the Passenger Demand Forecasting Council (2005–06)

  • Estimating consumer willingness to pay for energy-saving capital projects, for DEFRA (2005)

  • Advice to the BBC’s Director of Business Development and Group Finance Director on the potential for future efficiency improvements (2005)

  • An in-depth study on the taxi market, using discrete choice modelling to assess consumers’ valuation of aspects of the taxi service through a stated-preference survey and conjoint analysis (2004)

Selected publications

  • Jevons, D., Hoe, T. and Shepherd, M. (2011), ‘Understanding customer preferences for airport access: implications for forecasting’, Journal of Airport Management, 5:3, April–June, pp. 226–38.

  • Jevons, D. (2010), ‘Antitrust damages quantification: towards practical guidance for European courts’, Global Competition Litigation Review, April.

  • Horncastle, A., Jevons, D., Dudley, P. and Thanassoulis, E. (2006), ‘Efficiency Analysis of Delivery Offices in the Postal Sector Using Stochastic Frontier and Data Envelopment Analyses’, chapter 10, pp. 149–64, in A. Crew and P.R. Kleindorfer (eds), Liberalization of the Postal and Delivery Sector, Edward Elgar.

  • Jevons, D., Meaney, A., Robins, N., Dargay, J., Preston, J., Goodwin, P. and Wardman, M. (2005), ‘How do Rail Passengers Respond to Change?’, Papers and Proceedings of the European Transport Conference, Strasbourg.

  • Whelan, G, Wardman, M., Jevons, D., Senior, T. and Marshall, N. (2004), ‘Consumer Preferences in the UK Taxi Market’, European Transport Conference 2004: Applied Methods in Transport Planning.

  • Disney, R., Henley, A. and Jevons, D. (2002), ‘House Price Shocks, Negative Equity and Household Consumption in the UK in the 1990s’, Royal Economic Society Conference Paper, March.


  • BSc Economics, University of Wales, Aberystwyth

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