Showing results for: “digital markets act”
Conservatives and the Regulation of Higher Education
Classical liberals have long derided their conservative cousins for being fairweather friends of small government, but the criticism has been fairly limited. In general, conservatives have embraced limited government on matters of economic regulation and have endorsed governmental meddling only on matters involving so-called “values” issues like broadcast decency and homosexuality. Lately, though, conservatives seem ... Conservatives and the Regulation of Higher Education
Monday Morning Quarterback — Nobel Edition
I don’t have much to say about this one. I don’t know much about Edmund Phelps’ work (here’s his CV). As Geoff commented in response to my erroneous prediction, the award did indeed go to an economist who “has never been in my kitchen,” and thus Geoff will be doing some fine dining on me. ... Monday Morning Quarterback — Nobel Edition
Nobel Speculation and Some Very Casual Empiricism
With the Econ Nobel (or for those who feel better using the official label, the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel” … ) to be announced on Monday, the time is ripe for speculation. Greg Mankiw, Don Boudreaux, the WSJ, and Tyler Cowen have chimed in on the frontrunners. Cowen ... Nobel Speculation and Some Very Casual Empiricism
Update: Vandy's PhD in Law and Economics
A few months ago, Keith posted regarding the announcement of Vanderbilt’s new PhD program in Law and Economics. The post generated a lively discussion in the comments (and a follow up post here on GMU’s own Law and Econ program). Much of the discussion focused on the following questions: what would such a program should ... Update: Vandy's PhD in Law and Economics
Mutual Fund Voting
The W$J ran a story earlier in the week on mutual fund voting (see here). The story reported on the somewhat old news that academic research has “found no evidence of fund companies tailoring their votes to specific business relationships,” contrary to earlier claims by shareholder activists. The article is nonetheless of interest because it ... Mutual Fund Voting
Symposium Announcement: Behavioral Economics & Classical Liberalism
Next Friday, October 13th at NYU School of Law, the NYU Journal of Law & Liberty will host a symposium entitled: “Behavioral Economics’ Challenge to the Classical Liberal Program.” I will be a panelist in the second session, “Libertarian Paternalism and Consumer Contracts,” and am looking forward to it. I am preparing for this symposium ... Symposium Announcement: Behavioral Economics & Classical Liberalism
A Few Thoughts on Law School Specialization
The topic of specialization in law school faculties has come up again in the blogosphere, as tends to be the case around hiring season. Mark Fenster starts us off at Prawfs with a very thoughtful post noting some of the potential costs associated with specialization and concludes: To me, the ideal law school would be ... A Few Thoughts on Law School Specialization
Another study on the harm of backdating
Consistent with the finding of the article described here, this article describes a Bloomberg study finding that backdating “has so far cost investors at least $7.9 billion in market value.” The analysis looks to have controlled for industry specific factors by comparing returns to applicable sector indexes. What’s not clear, and this is a point ... Another study on the harm of backdating
SSRN Top Tens for Corporate, Corporate Governance, and Securities Law
The current SSRN top tens for corporate, corporate governance, and securities law are after the jump.
Espresso Exclusivity?
Belvi Coffee and Tea Exchange cannot be serious. The firm is suing Starbucks for exclusive dealing in the Seattle and Bellevue, Washington real estate markets. The suit alleges that Starbucks has leased real estate at above-market prices in exchange for commitments by the landlords to exclude other coffee shops from the building. Let’s take Belvi’s ... Espresso Exclusivity?
Hedge Fund Deregistration
This Bloomberg article notes that 106 hedge funds have withdrawn their registrations under the Advisers Act since the SEC’s rule requiring registration was struck down in Goldstein v. SEC. According to the article: SEC spokesman John Heine said 70 hedge fund managers told the agency they opted out because registration is no longer required. The ... Hedge Fund Deregistration
Backdating did harm investors.
Three Michigan B school profs have a new paper up on SSRN entitled “The Economic Impact of Backdating Executive Stock Options.� The paper adds some important data to the backdating debate. Specifically, the paper looked at 45 firms implicated in the backdating scandal and found that over a 21-day period surrounding the revelation of backdating, ... Backdating did harm investors.
