Showing results for: “Google shopping manne”
Google's Very Public Efficiencies Defense
Here is Google’s attempt to measure its the economic impact of Google search and adwords, adsense and its Google grants programs. Some media coverage (including a critique of the calculations) here. The total? $54 billion. The report includes state-by-state breakdowns. Not exactly a made-for-litigation antitrust expert report, but I’m sure a few copies have been ... Google's Very Public Efficiencies Defense
Delaware's Future
I share Prof. Ribstein’s concerns about the federalization of corporate governance contained in the Dodd bill. Though Senator Carper wasn’t able, in the end, to get the proxy access provisions out of the Dodd Bill, which I think were the most troubling, we did eliminate another of Senator Schumer’s ideas. (The corporate governance provisions of ... Delaware's Future
Litigating Delaware governance law in an alien land
A recent Delaware case, Baker v. Impact Holding, Inc., raises several interesting questions on a topic I’ve discussed recently – where to litigate cases involving Delaware business entities. Francis Pileggi has a good summary of the case. I want to explore the case’s implications for jurisdictional competition. First some general background before getting into the ... Litigating Delaware governance law in an alien land
Comments on Jonathan Baker's Preserving a Political Bargain
I’ve recently finished reading Jonathan Baker’s Preserving a Political Bargain: The Political Economy of the Non-Interventionist Challenge to Monopolization Enforcement, forthcoming in the Antitrust Law Journal. Baker’s central thesis in Preserving a Political Bargain builds on earlier work concerning competition policy as an implicit political bargain that was reached during the 1940s between the more ... Comments on Jonathan Baker's Preserving a Political Bargain
Jim Huffman for US Senate
Congratulations (or is it condolences?) to my friend, colleague and former dean at Lewis & Clark Law School, Jim Huffman, who has secured the Oregon Republican nomination for US Senate. Jim now faces an arduous uphill battle against Ron Wyden in the general election. As a point of reference: Wyden has more than $3 million ... Jim Huffman for US Senate
Big News: TOTM Welcomes Larry Ribstein
We are very pleased to announce that Larry Ribstein is joining Truth on the Market. TOTM readers that have been with us from the beginning might recall that we got our start back in 2005 covering at Ideoblog while Larry went on vacation. For most of our readers, I suspect Professor Ribstein will require no ... Big News: TOTM Welcomes Larry Ribstein
Facile claims of behavioral economics: too much choice; not enough privacy
Chris Hoofnagle writing at the TAP blog about Facebook’s comprehensive privacy options (“To opt out of full disclosure of most information, it is necessary to click through more than 50 privacy buttons, which then require choosing among a total of more than 170 options.”) claims that: This approach is brilliant. The company can appease regulators ... Facile claims of behavioral economics: too much choice; not enough privacy
An open letter on insider trading to Gene Fama and Ken French
[Post bumped to the top, and cross-posted at Organizations & Markets, in light of our technical difficulties last week and in the hopes of eliciting a response — Eds] Dear Gene and Ken: I must say that I was totally flabbergasted when I read your recent blog posting on insider trading. I know that your ... An open letter on insider trading to Gene Fama and Ken French
Implicit Compensation
The expansive executive compensation literature has two camps: one camp believes markets generally work; the other that they don’t. I am in the former camp, but believe markets and individuals that comprise them make mistakes and that those with power can sometimes use that power to serve their own, selfish ends. The only difference between ... Implicit Compensation
Apologies and comments
Dear readers: Apologies for our site’s absence yesterday. Apparently we were the target of a Russian spam attack. We’re back up, but we’ve had to close comments for the time being (except from the TOTM authors and previous guests who may login to post a comment). We’re working to get everything up and running again ... Apologies and comments
What’s the Best Way to Pop a Bubble?
[NOTE: I was drafting this post when Henry Manne posted his open letter to Fama and French. I’m hesitant to post over Henry’s important letter, particularly since TOTM was down yesterday and lots of folks may not have seen the letter. I’m doing so only because this post is a good follow-up to Henry’s points ... What’s the Best Way to Pop a Bubble?
An open letter on insider trading to Gene Fama and Ken French
Dear Gene and Ken: I must say that I was totally flabbergasted when I read your recent blog posting on insider trading. I know that your usual posts on investments, which I often cite to friends, are well-informed and empirically-supported; your work over the years on these topics is important and influential—and rightly so. Unfortunately, ... An open letter on insider trading to Gene Fama and Ken French
