The Archives

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

Investigating Search Bias: Measuring Edelman & Lockwood’s Failure to Measure Bias in Search

Last week I linked to my new study on “search bias.”  At the time I noted I would have a few blog posts in the coming days discussing the study.  This is the first of those posts. A lot of the frenzy around Google turns on “search bias,” that is, instances when Google references its ... Investigating Search Bias: Measuring Edelman & Lockwood’s Failure to Measure Bias in Search

Raising Rivals’ Costs, Pizza Edition

Many antitrust law professors are fond of using arson — e.g., a firm burning down the rival’s factory — as the paradigmatic example of exclusionary conduct that might raise rivals’ costs without plausible efficiency justifications.  Here is a modern example with law school hypothetical written all over it involving a Domino’s Pizza manager burning down ... Raising Rivals’ Costs, Pizza Edition

Green Bag’s “The Post” Recognizes TOTM in “Best Legal Blogging”

The Green Bag recently introduced its Journal of Law, which has in turn introduced “The Post.”   The Post features what the Green Bag describes as the “best in legal blogging.”  This is a pretty neat idea, like most everything the Green Bag does.  How does The Post select the best in legal blogging?  Judges with ... Green Bag’s “The Post” Recognizes TOTM in “Best Legal Blogging”

My New Empirical Study on Defining and Measuring Search Bias

Tomorrow is the deadline for Eric Schmidt to send his replies to the Senate Judiciary Committee’s follow up questions from his appearance at a hearing on Google antitrust issues last month.  At the hearing, not surprisingly, search neutrality was a hot topic, with representatives from the likes of Yelp and Nextag, as well as Expedia’s ... My New Empirical Study on Defining and Measuring Search Bias

Long-Term Research Agendas in Economics (and Law and Economics?)

The NSF has posted responses to its call for “Long-Term Research Agendas.”  HT: Peter Klein. The entire set is available here.  Here’s the description: This is a compendium of fifty-four papers written by distinguished economists in response to an invitation by the National Science Foundation’s Directorate for the Social, Behavioral and Economic Sciences (NSF/SBE) to ... Long-Term Research Agendas in Economics (and Law and Economics?)

10th Annual International Industrial Organization Conference at GMU Law March 2012

The 10th Annual International Industrial Organization Conference will be held at GMU Law in Arlington, VA March 16-18, 2012.  Along with Chris Adams (FTC), and the Program Committee, I am helping out with some of the local organization.  For those interested in antitrust and regulatory issues specifically, or IO economics more generally, this is a ... 10th Annual International Industrial Organization Conference at GMU Law March 2012

TOTM Breaks the Top 20

According to Paul Caron’s Law Blog Rankings, TOTM now sits at #18 by visits and #21 by page views.  We also appear to be the fasting growing law blog — with increases in visits and page views of 373% and 250%, respectively, over the past year.  Much thanks to all of our readers, commenters, and ... TOTM Breaks the Top 20

Chicago’s View on the Future of Law and Economics

A very interesting group of essays on the future of law and economics by ten University of Chicago professors.  It is especially interesting in light of the attempt to revitalize law and economics in Chicago.  The essays exhibit a great diversity in views of what lies in store for the future of law and economics ... Chicago’s View on the Future of Law and Economics

Google, Vertical Integration, and Beer

First, Google had the audacity to include a map in search queries suggesting a user wanted a map.  Consumers liked it.  Then came video.  Then, they came for the beer: Google’s first attempt at brewing has resulted in a beer that taps ingredients from all across the globe. They teamed up with Delaware craft brewery ... Google, Vertical Integration, and Beer

DOJ Antitrust to Close Field Offices

The DOJ has announced that it will close 4 Antitrust Division Field Offices.  From the DOJ press release: Consolidate Antitrust Division field office space in Atlanta, Cleveland, Dallas and Philadelphia into the Chicago, New York and San Francisco field offices as well as the division’s Washington, D.C.-based section.   Ninety-four positions will be reassigned to ... DOJ Antitrust to Close Field Offices

The Return of Chicago Law and Economics?

A few years ago, spurred on by Justice Scalia’s observation that the school had lost “the niche it once had as a rigorous and conservative law school,” there was some blog discussion about the apparent decline of Law and Economics at the University of Chicago.  Professor Bainbridge observed that it was certainly the case that ... The Return of Chicago Law and Economics?

Agency Costs and Airline Delays

Luke Froeb has a great post on the chart above, agency costs, and airline delays.   In particular, Froeb is interested in “on-time” departures, i.e. the plane pushes back from the gate on time, but sits near the gate until it is their turn in the queue.  Read the whole thing, but here is the key ... Agency Costs and Airline Delays