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Antitrust and Competition

States Can Facilitate an AI Slowdown Without the Federal Government

Noah Hoffman and Fiona Scott Morton
The artificial intelligence industry recently called for an antitrust exemption to coordinate self-regulation as the risks their models pose to the internet and society...
Antitrust and Competition

Antitrust Enforcers Should Focus on Market Power Not on Vague Welfare Concepts

Alberto Heimler
Alberto Heimler argues that antitrust authorities should focus on whether market power allows one party to exploit relationship-specific sunk investments made by another and how that undermines potential innovation, investments, and competition. 
Cultural Economics

Economics Is Opening Up at the Edges, but Not at the Top

Markus Eberhardt, Giovanni Facchini and Valeria Rueda
In new research, Markus Eberhardt, Giovanni Facchini, and Valeria Rueda find that a growing share of PhD graduates from top U.S. economics programs are leaving academia, looking beyond North America, and moving into the private sector, especially towards the tech industry.
Antitrust and Competition

Merger Review Needs More Uncertainty

Bart Lahcen
All merger reviews come with uncertainty, but the culture among courts, consultants, and regulators is to pretend that sophisticated modeling can eliminate uncertainty, and thus any uncertainty reflects poor econometric analysis. Creating standards of uncertainty would produce more honest analysis and better competition outcomes, writes Bart Lahcen.
Fiscal Policy

Financial Transparency Reduces the Accumulation of Offshore Fortunes

Annette Alstadsæter, Niels Johannesen, Ségal Le Guern Herry and Gabriel Zucman
In new research, Annette Alstadsæter, Niels Johannesen, Ségal Le Guern Herry & Gabriel Zucman find that Norwegian households that become wealthy today are much less likely to adopt offshore tax evasion strategies under modern high-transparency standards. 
Regulation

Transplanting FRAND Principles from SEP to Data Licensing  

Tingting Song
In new research, Tingting Song examines how FRAND principles typically used to discipline excessive or discriminatory terms in SEP licensing can be applied to data brokers in data licensing.

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