Showing archive for: “Law & Economics”
The seeds of an antitrust disaster
If you live outside the farm belt (or you’re not an antitrust junkie) you might have missed what is shaping up to be one of the biggest antitrust stories of the coming year: The set of antitrust accusations and actions against Monsanto for its alleged anticompetitive conduct in the biotech seed market. The AP reports: ... The seeds of an antitrust disaster
ELS, CELS and Bubbles in Legal Scholarship
Some interesting thoughts from David Zaring and Larry Ribstein on the future of the empirical legal studies movement and its flagship conference, CELS. Zaring asks whether there is enough glue holding the various constituencies within the ELS movement together. Ribstein warns of an empirical bubble and argues that the real need for an umbrella organization ... ELS, CELS and Bubbles in Legal Scholarship
Watch CELS on the Web
If you cannot attend this year’s excellent looking (program here) Conference on Empirical Legal Studies, which is at USC Friday and Saturday, you can watch the webcast of the panels here. This is a pretty nifty addition to the conference and one that I appreciate as I’ll be missing it this year. Unfortunately, not much ... Watch CELS on the Web
Gelbach, Helland and Klick on Single Firm, Single Event Studies
Larry Ribstein points to the new paper from Gelbach, Helland and Klick on Valid Inference in Single Firm, Single Event Studies. This is an important paper with implications for finance, securities litigation and antitrust where event studies are frequently used as economic expert evidence. Ribstein gives a good, non-technical explanation of its contribution: Essentially what’s ... Gelbach, Helland and Klick on Single Firm, Single Event Studies
Some Links
Get your Jones v. Harris fix from (including reactions to oral argument) the Glom and Professor Bainbridge (my earlier thoughts on some economic aspects of the decision here and here) Kenneth Anderson has been a great addition to the Volokh Conspiracy Are Microsoft, Yahoo and Google really dropping support for Net Neutrality? Krugman attacks Mankiw ... Some Links
Andrew Gavil on Revising the Merger Guidelines
1. Do the Merger Guidelines Need Revision? Yes. Conceptually, the current Guidelines incorporate multiple strands of intellectual and legal history with respect to merger analysis that have been layered one upon the other over time, but never effectively integrated. This now encumbers the application of the Guidelines and may be inhibiting the government’s capacity to ... Andrew Gavil on Revising the Merger Guidelines
Welcome TOTM Guest Blogger Steven C. Salop
Steve Salop is a professor economics and law at the Georgetown University Law Center where he teaches antitrust law and economics and economic reasoning and the law. Steve’s work in antitrust economics pioneered what is now frequently referred to as the “Post-Chicago” approach. His research focuses on antitrust law and economics, and Steve has written ... Welcome TOTM Guest Blogger Steven C. Salop
Nobel to Ostrom and Williamson (WITH UPDATES)
Excellent choices. Congratulations to Elinor Ostrom and Oliver Williamson in a prize for economic governance, the former for the commons and the latter for the boundaries of the firm! A prize aimed at the economics of institutions and governance, the theory of the firm, and work that has been important for law and economics generally ... Nobel to Ostrom and Williamson (WITH UPDATES)
Schleicher on the Law and Economics of Cities
My colleague David Schleicher is blogging over at Prawfs on his work on the law and economics of cities and urban economics more generally, inspired by his very interesting academic work. Go check him out. Make sure to ask him why he chose to make his blog debut at, you know, one of those lesser ... Schleicher on the Law and Economics of Cities
Quick Reaction to the Leiter Poll on Best Faculties in Law and Economics
Brian Leiter conducted a poll where voters (anybody, apparently could vote with a poll restricted to specialists to come later) could rank the top law and economics faculties from a list of the individual scholars on those faculties. Here are the results followed by a few first impressions: 1. Harvard University 2. University of Chicago ... Quick Reaction to the Leiter Poll on Best Faculties in Law and Economics
Searle Antitrust Economics and Competition Policy Conference
If you’re in Chicago next week, and even if you’re not, go check out the Second Annual Searle Center Antitrust Economics and Competition Policy conference at Northwestern University School of Law. The conference will take place September 25th and 26th and has a great lineup including a pretty good mix of theory and empirics. My ... Searle Antitrust Economics and Competition Policy Conference
President Obama, the Consumer Financial Protection Agency, and Consumer Choice
My colleague Todd Zywicki and I have a piece out in Lombard Street today on the proposed new Consumer Financial Protection Agency. The issue has a number of contributions from proponents and critics of the new agency. The piece is well timed, with President Obama making the case for the CFPA in his Wall Street ... President Obama, the Consumer Financial Protection Agency, and Consumer Choice
