Antitrust Citations in Federal Court, 2003-2011
Below is a graph illustrating the number of citations to selected antitrust publications in federal courts from 2003 – 2011. The full study is available on the Antitrust Source website and updates previous data collected by Jonathan Baker on behalf of the Antitrust Law Journal Editorial Board. The data and study – including a list ... Antitrust Citations in Federal Court, 2003-2011
TOTM in the Law Blog Rankings
Paul Caron’s new blog rankings are out. TOTM comes in at #22 in page views and #20 in visitors. Thanks to all of our readers!
Book Review of Cohen & Wright on Family Law & Economics
From Lucy Heckman: The Research Handbook on the Economics of Family Law consists of a series of essays about perspectives on the commercial relations of human activities outside of the commercial world, specifically marriage and child-bearing. The work addresses such topics as factors that influence marriage, trends in marital stability, divorce and divorce law and ... Book Review of Cohen & Wright on Family Law & Economics
Summary Judgment Granted in Mayer Laboratories v. Church & Dwight
Judge Edward Chen in the Northern District of California granted Church & Dwight’s motion for summary judgment as to Mayer Laboratories antitrust claims involving Church & Dwight’s shelf space agreements with retailers in the condom market. Church & Dwight is the manufacturer of Trojan brand condoms. Specifically, Mayer argued that Church & Dwight’s shelf space ... Summary Judgment Granted in Mayer Laboratories v. Church & Dwight
CEO Vacations and Stock Prices
An interesting looking empirical piece from David Yermack (NYU), Tailspotting: How Disclosure, Stock Prices and Volatility Change When CEOs Fly to Their Vacation Homes. I haven’t read it closely yet. Here’s the abstract: This paper shows close connections between CEOs’ vacation schedules and corporate news disclosures. Identify vacations by merging corporate jet flight histories with ... CEO Vacations and Stock Prices
Happy 98th Birthday to Armen Alchian!
The great economist Armen Alchian turned 98 yesterday. Armen is the father of the UCLA tradition in economics. I had the great honor of having Armen on my dissertation committee and cannot imagine being prouder of my association with him. Armen’s contributions to economics as diverse as they are penetrating. Armen was one of the ... Happy 98th Birthday to Armen Alchian!
Steve Salop Wins Global Competition Review Academic Excellence Award
Congratulations to my friend, colleague, and occasional TOTM contributor Steve Salop (Georgetown Law) on winning Global Competition Review’s Academic Excellence Award this year. From the announcement: Around 1,500 Global Competition Review (GCR) readers cast their votes, honoring outstanding individuals in such areas as competition law and economics around the world. GCR is the world’s leading ... Steve Salop Wins Global Competition Review Academic Excellence Award
Gary Becker, the Economic Approach to Crime, and Guerilla Grafters
Fruit trees in a number of cities, including San Francisco, are prevented from bearing fruit in the name of “protecting” pedestrians from slip and falls and keeping away insects and vermin. In response to these regulations, a group of Guerilla Grafters has emerged to — you guessed it — graft fruit bearing branches onto the ... Gary Becker, the Economic Approach to Crime, and Guerilla Grafters
Halbert White, RIP
Renowned UCSD economics professor, and founder of Bates White, Halbert White died on Saturday. His CV is here. James Hamilton offers a touching tribute and wonderful summary of White’s important work in econometrics here. Of White standard errors, perhaps his most well known contribution, Hamilton explains: An example arises in ordinary regression analysis, in which ... Halbert White, RIP
The Law and Economics of Any Willing Provider Laws
While I’m posting about health care regulation, I’d like to point TOTM readers to a short article with Jonathan Klick (University of Pennsylvania) summarizing the economics and empirical evidence surrounding “Any Willing Provider”(AWP) laws for the Washington Legal Foundation. We write: This analysis evaluates the antitrust law ramifications of proposals requiring pharmacy benefit managers (“PBMs”) ... The Law and Economics of Any Willing Provider Laws
Against Antitrust Exemptions, H.R. 1946 Edition
I testified Thursday on H.R. 1946, the “Preserving our Local Hometown Independent Pharmacies Act of 2011,” in front of the House Committee on the Judiciary Subcommittee on Intellectual Property, Competition and the Internet. The Act, as implied by the title, would establish an antitrust exemption for smaller pharmacies. The hearing lineup is available here. My written ... Against Antitrust Exemptions, H.R. 1946 Edition
A Little Too Close To Home
The apparent perils of antitrust blogging: Last summer, professor Enrique Dans wrote a blog post about the powerful copyright lobby in Spain. One of his arguments is that Promusicae, the well-known recording industry outfit, is violating antitrust laws. The group has set up a digital system to send music to radio stations for airplay, which the professor ... A Little Too Close To Home
