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David Schleicher on City Unplanning
Forbes interviews my colleague and office neighbor David Schleicher on his new and very interesting paper, City Unplanning. This paper continues Schleicher’s interesting line of research on the law and economics of cities with a creative and powerful analysis of the political economy of zoning in big cites. Here’s a brief snippet from the start ... David Schleicher on City Unplanning
Greg Werden in Defense of Defining Markets
One of the more significant papers in antitrust of late has been Professor Kaplow’s Why (Ever) Define Markets? Kaplow provocatively argues that the entire “market definition/ market share” paradigm of antitrust is misguided and beyond repair. Kaplow describes the exclusive role of market definition in that paradigm as generating inferences about market power, argues that ... Greg Werden in Defense of Defining Markets
A Tale of Two Subsidies
Last week’s business news highlighted two tremendous subsidy programs. In one case, the company received no direct payment for product development. None of its suppliers received targeted subsidies to produce parts. But consumers were subsidized to encourage them to buy the product. In the other case, the company received direct payments to underwrite the cost ... A Tale of Two Subsidies
Is Dental Care a Preventive Measure Health Insurers Must Cover? Let’s Hope Not.
I recently heard an ominous NPR story on the rise in trips to the emergency room by people seeking dental treatment. In 2009 alone, Tennessee’s emergency rooms had more than 55,000 dental-related visits — five times as many as for burns. Florida’s emergency rooms experienced over 115,000 ER visits for dental matters in 2010. Charges for those visits totaled $88 million. This ... Is Dental Care a Preventive Measure Health Insurers Must Cover? Let’s Hope Not.
What Economists Do
Courtesy of Greg Mankiw.
2012 GMU Law & Economics Center Workshop on Empirical Methods for Law Professors
May 21-25 the GMU LEC will be hosting its Workshop on Empirical Methods for Law Professors once again this year. Applications are available at the links below — and more information is available here. The Workshop on Empirical Methods for Law Professors is designed to teach law professors the conceptual and practical skills required to ... 2012 GMU Law & Economics Center Workshop on Empirical Methods for Law Professors
Got L&E Scholarship? Consider Submitting to the Supreme Court Economic Review
A colleague sent along the 2011 Washington & Lee law journal rankings. As co-editor of the Supreme Court Economic Review (along with Todd Zywicki and Ilya Somin) I was very pleased to notice how well the SCER is faring by these measures. While these rankings should always be taken with a grain of salt or ... Got L&E Scholarship? Consider Submitting to the Supreme Court Economic Review
Amit Singhal on the Past, Present, and Future of Search
Pretty interesting interview with Google’s Senior VP Amit Singhal on where search technology is headed. In the article, Singhal describes the shift from a content-based, keyword index to incorporating links and other signals to improve query results. The most interesting part of the interview is about what is next. Google now wants to transform words that ... Amit Singhal on the Past, Present, and Future of Search
Lessons in Regulatory Barriers to Entry: San Francisco Ice Cream Shop Edition
A great video recounting the trials and tribulations of an entrepreneur and her attempts to open an ice cream shop in San Francisco (HT: Scott James at the NY Times and Craig Newmark). From the NY Times story: Ms. Pries said it took two years to open the restaurant, due largely to the city’s morass ... Lessons in Regulatory Barriers to Entry: San Francisco Ice Cream Shop Edition
Free to Err? An Exchange on Behavioral Law and Economics at the Liberty Forum
Douglas Ginsburg and I have posted “Free to Err: Behavioral Law and Economics and its Implications for Liberty” on the new and very good Liberty Forum. Our contribution is based upon a more comprehensive analysis of the implications of behavioral law and economics for both economic welfare and liberty forthcoming in the Northwestern Law Review. ... Free to Err? An Exchange on Behavioral Law and Economics at the Liberty Forum
Concurrences Antitrust Writing Awards 2012
The Institute for Competition Law and GW Law have put together the Antitrust Writing Awards. You can vote on academic or business articles here. I’m very pleased to report that one of my articles — Does Antitrust Enforcement in High-Tech Markets Benefit Consumers? Stock Price Evidence from FTC v. Intel (Review of Industrial Organization) — ... Concurrences Antitrust Writing Awards 2012
The Magical World of Mandates
It seems President Obama has discovered a magical cure for his contraception controversy: simply force insurance companies to provide free coverage for contraceptive services, but only for women who work for organizations that qualify for exemption from the original mandate that requires contraceptive coverage be part of any respectable (i.e., Obama-approved) health plan. Never mind ... The Magical World of Mandates
