Showing archive for: “Law & Economics”
The Economics and Regulation of Payment Card Interchange Fees: Paper and Conference
Two related items from ICLE: As regular readers know, interchange fees are a frequent topic of conversation around the blog. Taking the conversation from the ether to the real world, ICLE has funded a white paper and is putting on a conference next week on the topic. The conference, in fact, grows out of the ... The Economics and Regulation of Payment Card Interchange Fees: Paper and Conference
The Capitalist & The Entrepreneur: Essays on Organizations and Markets
I purchased my copy of Peter Klein’s latest — The Capitalist & The Entrepreneur: Essays on Organizations and Markets — today. It is available for purchase here and here. And if you wont to sneak a peak, you can see the full version here. The role of the entrepreneur is one of the more under-theorized ... The Capitalist & The Entrepreneur: Essays on Organizations and Markets
An open letter on insider trading to Gene Fama and Ken French
Dear Gene and Ken: I must say that I was totally flabbergasted when I read your recent blog posting on insider trading. I know that your usual posts on investments, which I often cite to friends, are well-informed and empirically-supported; your work over the years on these topics is important and influential—and rightly so. Unfortunately, ... An open letter on insider trading to Gene Fama and Ken French
The first thing we do, let's kill the quants!
Professor Bainbridge has a provocative post up taking on empirical legal scholarship generally. The While the Professor throws a little bit of a nod toward quantitative work, suggesting it might at least provide some “relevant gist for the analytical mill,” he concludes that “it’s always going to be suspect — and incomplete — in my ... The first thing we do, let's kill the quants!
Interchange Fees Symposium E-Book
Over at the International Center for Law and Economics website we’ve posted a link to a pdf e-book version of the collected content (including both posts and comments) from our recent “Interchange Fees and the Law and Economics of Credit Cards” symposium. Head on over and download a copy if you’re interested in a dead ... Interchange Fees Symposium E-Book
Posner cites Wright
I’m sure it’s an honor just to be nominated. A recent opinion from Judge Posner cites our very own Josh Wright (Joshua D. Wright & Todd J. Zywicki, “Three Problematic Truths About the Consumer Financial Protection Agency Act of 2009,” Lombard Street, Sept. 14, 2009, available here) (by the way, the essay has drawn a ... Posner cites Wright
David Evans Makes the Case Against Revamping Consumer Protection
Economist, co-author, and sometimes TOTM guest David Evans (UCL, University of Chicago School of Law) has an excellent note on “Why Now is Not the Right Time To Revamp Consumer Protection,” based on remarks made at the New York Federal Reserve Board-New York University Conference on Regulating Consumer Financial Products yesterday in New York. Evans ... David Evans Makes the Case Against Revamping Consumer Protection
Is Antitrust Too Complicated for Federalist Judges? Forthcoming In Journal of Law and Economics
I’m very pleased to report that my paper with Michael R. Baye (of the Kelley School of Business at Indiana University and formerly Director of the Bureau of Economics at the Federal Trade Commission), Is Antitrust Too Complicated For Generalist Judges: The Impact of Economic Complexity and Judicial Training on Appeals, has been accepted for ... Is Antitrust Too Complicated for Federalist Judges? Forthcoming In Journal of Law and Economics
My Top Ten Antitrust Publications of the Year
Danny Sokol posted his blog’s list of top antitrust publications for the year. The big winners were Einer Elhauge, Bundled Discounts, and the Death of the Single Monopoly Profit Theory, 123 Harvard Law Review 397 (2009), and Nathan Miller, Strategic Leniency and Cartel Enforcement, American Economic Review. In the holiday rush, I forget to send ... My Top Ten Antitrust Publications of the Year
The Collected Works of Henry G. Manne
I’m delighted to report that the Liberty Fund has produced a three-volume collection of my dad’s oeuvre. Fred McChesney edits, Jon Macey writes a new biography and Henry Butler, Steve Bainbridge and Jon Macey write introductions. The collection can be ordered here. Here’s the description: As the founder of the Center for Law and Economics ... The Collected Works of Henry G. Manne
Daubert and Antitrust Economics, Or When Should An Antitrust Economist Have Training in Economics?
Judge Saris’s district court opinion denying the motion to exclude one of the plaintiff’s economic experts in Natchitoches Parish Hospital v. Tyco International recently came across my desk. It is an interesting case involving allegations that Covidien, a leading supplier of “sharps containers” used for the disposal of various needle-involving medical products (syringes, IVs, etc.) ... Daubert and Antitrust Economics, Or When Should An Antitrust Economist Have Training in Economics?
Welcome new TOTM blogger Todd Henderson
We are delighted to announce the addition of another new permanent blogger here at TOTM: University of Chicago law professor Todd Henderson. Like Thom, Todd is a member of the venerable University of Chicago Law School class of 1998 (second only to the most-venerable class of 1997!). Todd is an expert in corporate law and ... Welcome new TOTM blogger Todd Henderson
