Showing results for: “digital markets act”
"So when you listen to economists, you're listening to amateurs"
So says David Zaring over at the Conglomerate — at least when it comes to the topic of regulation. I don’t buy it. Anyway, here’s the complete quote for context: Economists love to suggest new regulatory structures (or, more often, why they will not work). But, of course, they have no training in regulation, and ... "So when you listen to economists, you're listening to amateurs"
The Economics of Celebrity Endorsements
Bob Greene (CNN) argues that celebrity endorsements are meaningless. Worse than that, according to Greene, celebrity endorsements necessarily amount to a raw deal for consumers: This is all elementary. If someone accepts cash in exchange for offering a positive evaluation of something, then the evaluation must be tossed out. It’s worse than meaningless. Yet in ... The Economics of Celebrity Endorsements
Gordon Tullock in the National Review
John Miller has a fantastic essay on my colleague Gordon Tullock and his work in law and economics in the September 25 National Review. The following excerpt appears on the GMU Law website (and I believe subscribers can access the full article at the National Review): “Tullock is the author of one of the most ... Gordon Tullock in the National Review
Law & Liturgy
I love Ethan Leib’s interesting idea of reading the legal pronouncements of Jewish liturgy in light of later legal developments–and vice versa. Ethan suggests creatively that an allusion to the liturgy of Yom Kippur (the Jewish day of atonement) may be found in Cardozo’s famous opinion in Jacob & Youngs v. Kent: “The willful transgressor ... Law & Liturgy
New article on Board vs. Shareholder power
Lynn Stout from UCLA School of Law just posted a paper on SSRN entitled “The Mythical Benefits of Shareholder Control.” The article is forthcoming in the Virginia Law Review. Here’s the abstract: In ‘The Myth of the Shareholder Franchise‘ [also forthcoming in the Virginia Law Review], Professor Lucian Bebchuk argues that the notion that shareholders ... New article on Board vs. Shareholder power
Whoa There, Big Fellows!
The DoJ/FTC revised merger guidelines, released as a draft for public comment yesterday, have me scratching my head. I need to spend more time with them before I come to any strong views, but the obvious issue-spotter is the elimination of market definition as a necessary step in the analysis. So we all know that ... Whoa There, Big Fellows!
Some Links
There is quite a bit of IO on Youtube (HT: comments section from MR) Congrats to GMU’s Murat Mungan for taking home the Whitney Prize The lineup for the Alabama Ag/ Antitrust workshop has been announced The CD-MAP antitrust settlement funds are paying for concerts Investigation against Apple looms after complaint from Adobe — the ... Some Links
It's all Roosevelt's fault
My friend Seth Weinberger over at Security Dilemmas has a great post on why the left is actually to blame for the post-9/11 national security apparatus it (and many others) hates so much. Basically, it comes down to “when the only tool you have is a hammer, everything looks like a nail.” When bigger government ... It's all Roosevelt's fault
Help Wanted in Columbia, Missouri
I’m on a committee charged with locating qualified candidates for an endowed professorship at the University of Missouri-Columbia School of Law (my home institution). The position is not limited to any area of law, but candidates should have a proven track record of scholarly productivity. If you’re a star of the legal academy (or at ... Help Wanted in Columbia, Missouri
Defending (Positive) Law & Economics
Securities Mosaic is a fantastic resource for anyone working in the securities field. It provides comprehensive information in six key areas: disclosure, laws, rules, guidance, news, and compliance centers. In addition, the site features SM Blogwatch, which republishes posts from various securities-related blogs, including this one. Yesterday, I was formally welcomed to the SM Blogwatch ... Defending (Positive) Law & Economics
Price Discrimination in Education
Tom Smith offers an entertaining and insightful perspective on the economics of higher education: Without passing moral judgment in any way, I will just observe it is astonishing that higher education in this country has managed to get established a system where consumers have to disclose in detail how much money they have before they ... Price Discrimination in Education
Casino Games and Antitrust — UPDATED
UPDATE: Link to opinion below. A federal district court judge recently decided an interesting antitrust/ IP case involving “wheel game” slot machines. IGT sued Bally’s in 2004 for allegedly infringing a number of patents on a “wheel game” slot machine. Bally’s initially prevailed, winning a pair of summary judgment rulings on the validity of IGT’s ... Casino Games and Antitrust — UPDATED
