The Archives

Everything written by Joshua D. Wright on law, economics, and more

The Deadwood Report is Coming …

Thats the opening line of my colleague and Green Bag Editor Ross Davies’ announcement (posted here) that The Green Bag is ready to enter the law school rankings game.  The Deadwood Report (see also Inside Higher Ed) has law school puffery and false advertising in its sights.  The basic idea is that the available information on the ... The Deadwood Report is Coming …

Conference on Empirical Legal Studies

CELS 2008 will be held at Cornell Law School this year September 12 and 13.  Submissions are due by April 15th.  CELS has quickly become one of the best conferences of the year and I’m very much looking forward to attending.  Here’s the conference announcement: The conference’s objectives are: (1) to encourage and develop empirical ... Conference on Empirical Legal Studies

Antitrust & Private Equity

WSJ Deal Journal reports some important movement on the antitrust and private equity front.  Specifically, Judge Richard Jones (W.D. Washington) granted the defendants’ motion to dismiss in Pennsylvania Avenue Funds v. Borey, dismissing the plaintiffs’ allegations that two private equity firms had violated the Sherman Act by bidding jointly on the target company (Watchguard Technologies) ... Antitrust & Private Equity

Pioneers in Law and Economics Preview

My colleague Lloyd Cohen and I are editing a volume for Edward Elgar on Pioneers in Law and Economics.  We’ve collected a dozen or so top notch essays from leading law and economics scholars covering the pioneers in the discipline and their contributions.  I’ll have more details to post about this project in a month ... Pioneers in Law and Economics Preview

Feingold-Kyl Update

A few months ago I commented on the absurdity of the Feingold-Kyl amendment to the judicial pay raise bill, which appeared to be a thinly veiled attempt to target the George Mason Law and Economics Center and a few others. The absurdity with which I was particularly interested at the time was the fact that ... Feingold-Kyl Update

Luke Froeb Antitrust Interview

Luke Froeb gives a short interview on international antitrust, harmonization, China, and all sorts of interesting and timely topics. Towards the end of the interview Luke addresses whether the export of antitrust regulation outside of the United States (and particularly into developing economies) is a good idea. You’ll have to listen to the interview to ... Luke Froeb Antitrust Interview

An Interesting Theory on Microsoft-Yahoo

The Economist (HT: 26econ.com) sketches out an interesting theory on the proposed Microsoft-Yahoo merger: The only grounds on which a trustbuster could plausibly oppose Microsoft buying Yahoo!—that it is possible to exercise monopoly power in online search and advertising—surely apply even more strongly to Google. Indeed, some antitrust experts are surprised that Google has not ... An Interesting Theory on Microsoft-Yahoo

FTC Unilateral Effects Workshop

The FTC recently released its agenda for its upcoming public workshop on February 12 on “Unilateral Effects Analysis in Litigation.”  The announcement motivates the conference as follows: Among economists, unilateral effects is a widely accepted theory of competitive harm. Yet, the federal antitrust agencies have experienced limited success litigating differentiated product cases in district courts ... FTC Unilateral Effects Workshop

Antitrust Limits on Merger Decision Markets?

At Overcoming Bias, Robin Hanson points to the absence of decision markets evaluating competitive conditions in the post-merger world as evidence that “these companies are just not serious about finding the highest value applications of prediction markets.” Here’s a description of the markets that Robin has in mind: Decision markets could say whether this merger ... Antitrust Limits on Merger Decision Markets?

ABA Antitrust Law Fellowship Award

The ABA has announced a Fellowship Award for $5,000 and travel expenses for unpaid summer employment “within approved government agencies (federal, state, or international) dedicated to the enforcement of antitrust laws, or other institutions whose primary mission is to advance the study of antitrust and competition law.”  The application packet is availabe here, and lists ... ABA Antitrust Law Fellowship Award

Abramowicz on Prediction Markets at the VC

GW Lawprof Michael Abramowicz is guest blogging over at the Volokh Conspiracy on the virtues of prediction markets and his new book: Predictocracy.

Ribstein on Unincorporated Firms

Motivated by a slate of forthcoming articles, books, and various projects involving unincorporated firms, Professor Ribstein has announced his plans to begin blogging more extensively about partnership, LLCs and agency issues over at Ideoblog. This is good news to anybody interested in issues of business law and finance more generally. Two early installments in this ... Ribstein on Unincorporated Firms