Showing results for: “digital markets act”
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This Bloomberg article notes that 106 hedge funds have withdrawn their registrations under the Advisers Act since the SEC’s rule requiring registration was struck down in Goldstein v. SEC.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.
CELS 2006 at Texas
When Larry Solum announces that the Conference on Empirical Legal Studies is “one of those events that is likely to be remembered,” it is likely that this will be an important event in the legal academy. I’ve already started reading a number of interesting papers from this conference, and am excited about presenting my own ... CELS 2006 at Texas
Thoughts on Walker on Backdating
Professor Ribstein responds to David Walker’s backdating article, which Bill highlighted here at TOTM a few weeks ago. Larry’s take? This is a useful paper as far as it goes. The problem is that it has missed a significant chunk of the “literature” on this rapidly developing topic that has developed in our rapidly developing ... Thoughts on Walker on Backdating
Antitrust Canons
Matt Bodie’s “Canons” project continues over at Prawfs, and antitrust is up to bat. I took a stab at a reading list which I believe meet’s Matt’s criteria: articles that are essential to doing antitrust scholarship. My long, but embarrassingly underinclusive list, is below the fold. In particular, I have left out a good deal ... Antitrust Canons
More Evidence of an Antitrust Violation Brewing at Elite Schools
I called it last week. Today’s NYT reports that Princeton has accepted Harvard’s invitation to join it in eliminating early admissions. In addition, the presidents of eleven elite liberal arts colleges (including Swarthmore, Williams, Barnard, and Amherst) have met to discuss, among other things, collectively eliminating their early admission programs and reducing merit-based aid. Just ... More Evidence of an Antitrust Violation Brewing at Elite Schools
GM/Ford: An Idea Whose Time Has Come?
When teaching antitrust as I am this fall, a time always comes during the semester when I need to give my students an example of a merger whose implications for competition are so obviously adverse that the antitrust authorities would surely seek an injunction against the merger under Section 7 of the Clayton Act. My ... GM/Ford: An Idea Whose Time Has Come?
