Law School Rankings and Per Capita Downloads
Brian Leiter has posted, with all the caveats that go along with using SSRN downloads to rank faculties, a new set of rankings using downloads for the past 12 months. Leiter lists the top 15 by total downloads and new papers in 2006 along with the share of total downloads attributable to the top 3 ... Law School Rankings and Per Capita Downloads
Klein v. Coase III: Fisher Body-General Motors Again (and Again)
Peter Klein‘s post over at the always excellent Organizations and Markets reminded me that I have been wanting to blog about the most recent exchange between Ben Klein and Ronald Coase over the asset specificity, vertical integration, and the famous Fisher Body – General Motors example which has become a classic example of hold up ... Klein v. Coase III: Fisher Body-General Motors Again (and Again)
The Top 10 Antitrust Downloads
Are posted over at Antitrust & Competition Policy Blog courtesy of Daniel Sokol.
Rubin on "Item Pricing Laws" in the WSJ
Paul Rubin (Emory Law) has an excellent piece in the WSJ taking state regulators to task for “Item Pricing Laws” which require that most goods in retail stores have an individual price sticker rather than, for example, a price tag on the store shelf. IPLs increase “menu costs” when retailers want to change prices which ... Rubin on "Item Pricing Laws" in the WSJ
Is Tenure Overrated Or Are the Alternatives Really That Bad?
Steve Levitt thinks that tenure is overrated. But relative to what? Levitt proposes doing away with tenure because it distorts the incentives of scholars to front load their productivity and then ride off into the sunset after tenure is granted. Surely he is right about this incentive effect. Levitt also makes quick work of the ... Is Tenure Overrated Or Are the Alternatives Really That Bad?
FTC/DOJ Section 2 Hearings Explore Monopoly Power
For the next two days, the Section 2 Hearings will explore “different methods of evaluating monopoly power in single-firm conduct cases, including issues relating to market definition, the Cellophane fallacy, the use of direct evidence, single-firm markets, and technology markets.” The sessions will be held at the FTC’s Conference Center at 601 New Jersey Ave., ... FTC/DOJ Section 2 Hearings Explore Monopoly Power
The Sirius XM Merger in the Court of Public Opinion
The proposed merger has been making lots of waves in the press as of late, including a Congressional hearing (Antitrust Review has links to all the hearing testimony) but not much serious grappling with the antitrust issues. I even read today that John Ashcroft has chimed in. Of course, it is very difficult to do ... The Sirius XM Merger in the Court of Public Opinion
Updated Drafts on SSRN
I have just posted two revised drafts to SSRN: Slotting Contracts and Consumer Welfare (forthcoming in the Antitrust Law Journal and previously blogged about here). Antitrust Analysis of Category Management: Conwood v. U.S. Tobacco. Both are pretty substantial revisions and so I hope that folks who have read previous drafts will check out the updated ... Updated Drafts on SSRN
Minimum RPM Can Prevent Dealer Free-Riding … And Can You Please Pass the Bread?
Thursday night I will be speaking at a dinner and discussion sponsored by the eSapience Center for Competition Policy (eCCP) on the pending Leegin decision and the application of per se rules to minimum RPM. Here is the eCCP announcement: Presentations will be made by Prof. Robert Pitofsky, and Prof. Joshua Wright. Prof. Pitofsky is ... Minimum RPM Can Prevent Dealer Free-Riding … And Can You Please Pass the Bread?
Some Weekend Blog Reading
Some blogging that may be of interest to TOTM readers: Andrew Gelman (for it) v. Tyler Cowen (against it) on the American Economic Association’s decision to add 4 new quarterly journals. Michael Giberson (Knowledge Problem) and David Fischer (Antitrust Review) on the Sirius-XM Merger, a story Keith has been covering here at TOTM. VC’s Todd ... Some Weekend Blog Reading
Baker on Antitrust & Innovation
Jonathan Baker (American) has a very interesting paper on a very hot topic in antitrust nowadays: the role of antitrust regulation in innovation. The title is “Beyond Schumpeter vs. Arrow: How Antitrust Fosters Innovation.” Here is the abstract: The relationship between competition and innovation is the subject of a familiar controversy in economics, between the Schumpeterian ... Baker on Antitrust & Innovation
SCOTUS Weyerhauser Opinion Released
Justice Thomas’ opinion is available here. The punchline: “The general theoretical similarities of monopoly and monopsony combined with the theoretical and practical similarities of predatory pricing and predatory bidding convince us that our two-pronged Brooke Group test should apply to predatory-bidding claims.” Professor Sokol has a few additional comments at AntitrustProfBlog.
