The Archives

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

More From Henry Manne on The Future of Law and Economics

The following email from Henry Manne takes up our previous discussion of the future of law and economics (available here in downloadable form) and is published with permission. I’ve inserted a few links where Manne references a few blog posts responding to our earlier discussion. With that said, here is Manne: It is a little ... More From Henry Manne on The Future of Law and Economics

University of Chicago Conference on China

Program is here (HT: Spontaneous Order).  Attendees and presenters include Coase, Cheung, Tullock, Demsetz, North, Peltzman, and many others.  The conference is from July 14th-18th.

More on the Milton Friedman Institute

Dan Drezner raises the plausible possibility that the real reason for the objection of some 8% (101) of the full-time faculty to the Milton Friedman Institute at the University of Chicago, which we blogged about earlier here, is “grounded less on ideology and more on an effort to ensure these departments get a bigger slice ... More on the Milton Friedman Institute

Two Promising International Antitrust Resources

Antitrust Encyclopedia (HT: Antitrust Hotch Potch) and Antitrust World Reports.  Both have been added to the blogroll.

Baker on Market Concentration and Horizontal Mergers

Jonathan Baker (American University) has posted Market Concentration in the Antitrust Analysis of Horizontal Mergers to SSRN. Baker’s article is another of the entries which will be appearing in the forthcoming Antitrust Law and Economics volume edited by Keith Hylton (Elgar Publishing) (see this post for links to others).  Here is the abstract: This handbook ... Baker on Market Concentration and Horizontal Mergers

Kobayashi on the Law and Economics of Predatory Pricing

My colleague and co-author Bruce Kobayashi has posted The Law and Economics of Predatory Pricing to SSRN and is forthcoming in Keith Hylton’s Antitrust Law and Economics volume (Edward Elgar Publishing).  It is a comprehensive and insightful review of the expansive legal and economic literatures on this topic.  Here’s the abstract: This chapter reviews the ... Kobayashi on the Law and Economics of Predatory Pricing

Suzanne Scotchmer to USC Law

HT: Brian Leiter.

A Few Thoughts on Privacy and Antitrust

In the comments to this post, Peter Swire (Ohio State) points to some recent comments (see also here and  here) he submitted to the Federal Trade Commission on how to incorporate privacy into conventional antitrust analysis.  The privacy and antitrust link appears to be something that will receive quite a bit of attention in the ... A Few Thoughts on Privacy and Antitrust

Richman on Institutional Economics and Concerted Refusals to Deal

Barak Richman (Duke) has posted The Antitrust of Reputation Mechanisms: Institutional Economics and Concerted Refusals to Deal to SSRN (forthcoming in the Virginia Law Review).  Here’s the abstract: An agreement among competitors to refuse to deal with another party is traditionally per se illegal under the antitrust laws. But coordinated refusals to deal are often ... Richman on Institutional Economics and Concerted Refusals to Deal

Liebowitz's Reply to O/S on Filesharing

[See Update Below]   Stan Liebowitz has posted a reply to Oberholzer-Gee/Strumpf’s (O/S) referee report/ reply to Liebowitz’s original comment submitted and rejected by the JPE for publication (got all that?) (HT: Newmark and Peter). Stan includes email exchanges between himself and OS concerning access to the data (O/S did not allow access), copies of ... Liebowitz's Reply to O/S on Filesharing

Picker on Competition, Privacy and Web 2.0

Randy Picker (HT: Randy) has posted an interesting new paper to SSRN entitled “Competition and Privacy in Web 2.0 and the Cloud“.   It is an insightful look at the how privacy rules imposed on Web intermediaries might raise competition concerns.  Consider, for example, the relationship between privacy rules and vertical integration that Picker highlights as ... Picker on Competition, Privacy and Web 2.0

Commissioner Rosch on the (Smaller?) Role of Economists in Antitrust Litigation

From FTC Commissioner Rosch: Personally, I think simulation analyses and indeed any kind of economic analyses that require the use of mathematical formulae are of little persuasive value in the courtroom setting. When I see an economic formula my eyes start to glaze over, and if the formula uses Greek letters I tend to think ... Commissioner Rosch on the (Smaller?) Role of Economists in Antitrust Litigation