The Law and Economics of Contracts
This new chapter in the forthcoming Handbook of Law and Economics (Polinsky & Shavell, eds.) from Avery Katz, Benjamin Hermalin, and Richard Craswell looks like essential reading for anyone interested in economic analysis of contracts and contract law. Here’s the abstract/introduction: This paper, which will appear as a chapter in the forthcoming Handbook of Law ... The Law and Economics of Contracts
Hovenkamp on Slotting, Discounts, and Competition for Distribution
Like Thom, I also have spent the last few weeks reading Herbert Hovenkamp’s excellent new antitrust book, The Antitrust Enterprise: Principles and Execution. I am looking forward to Thom’s review in the Texas Law Review, and wholeheartedly agree with him that Hovenkamp’s book is an important and significant contribution to the antitrust literature (see also ... Hovenkamp on Slotting, Discounts, and Competition for Distribution
Dennis Carlton Appointed to Serve as Deputy Assistant AG for Economic Analysis
The press release is here. I suspect that this appointment will be met with universal approval. It should be. Carlton will be joining the DOJ in October. (HT: Antitrust Review)
George J. Stigler: The Father of Empirical Law and Economics?
My second installment is up at ELS Blog and answers this question in the affirmative.
Is Antitrust an ELS Success Story?
My first installment as a guest-blogger at ELS Blog is up.
Moonlighting at ELS Blog
I will be guest-blogging at the excellent ELS Blog this week where I will do my best to follow up Richard Lempert’s wonderfully insightful posts on the ELS movement, its past, present and future, its strengths and shortcomings, and more. While I can guarantee that my posts will not provide nearly the same global perspective ... Moonlighting at ELS Blog
MoneyLaw Hits the Blogosphere
Jim Chen and the Jurisdynamics Network are already expanding by introducing a new blog: MoneyLaw. Here’s a description: Inspired by Michael Lewis’s book, Moneyball: The Art of Winning an Unfair Game, many law professors have pondered the extent to which this profession can learn from Billy Beane’s approach to winning baseball games for the Oakland ... MoneyLaw Hits the Blogosphere
Update on the Costs of Regulating Inequality
UPDATE: Larry has posted a very thoughtful response and overview of the debate (link below). Larry Solum was kind enough to link to my post on economics and arguments about social justice, and raises the following concerns about my argument : I’m not sure I really understand, but I wonder if there is a sense ... Update on the Costs of Regulating Inequality
Economists' Indifference, Straw Men, and the Costs of Regulating Inequality
I’ve been going back and forth with Frank Pasquale both at Madisonian and Jurisdynamics about economics, consumer welfare, the costs of inequality (and regulating it), and the ability of economics to provide useful insights where “social goods” are involved. At Jurisdynamics, Frank responds to my post on Apple’s business practices by asserting that my tunnel ... Economists' Indifference, Straw Men, and the Costs of Regulating Inequality
Kidney Donors to be Compensated in Israel
A Jerusalem District Court has ruled that kidney donors will receive compensation (about $13-14K in US dollars) from HMOs for transplant expenses. While the ruling does not address “the question of whether a kidney donor is entitled to an additional reward for the lack of the organ, and if so, how much and what should ... Kidney Donors to be Compensated in Israel
Paternalism and the iPod, Part Trois
The WSJ Law Blog reports (via this AP Report) that the French law allowing regulators to force Apple to make its iPod compatible with rival offerings went into effect Thursday. “Me too” regulatory movements are already underway in Britain, Norway, Sweden, Poland and Denmark. This, as Microsoft plans to introduce “Zune,” its entry into the ... Paternalism and the iPod, Part Trois
New paper: Missed Opportunities in Independent Ink
My paper for the 2006 Cato Supreme Court Review, Missed Opportunities in Independent Ink, is now available on SSRN. Justice Stevens’ opinion for the unanimous court in Independent Ink rid antitrust law of the misguided, ill conceived, and universally criticized presumption of antitrust market power in patent tying cases. Very few dispute the wisdom of ... New paper: Missed Opportunities in Independent Ink
