Bernard Yeung
Bernard Yeung was Dean of NUS Business School from 2008 to 2019 and currently serves as the President of Asia Bureau of Finance and Economics Research, as well as the Stephen Riady Distinguished Professor at NUS Business School. Before joining NUS in 2008, he was the Abraham Krasnoff Professor in Global Business, Economics and Management at New York University (NYU) Stern School of Business, and the Director of the NYU China House. Prior to that, he had taught at the University of Michigan Ann Arbor and the University of Alberta. Professor Yeung has been published widely in top academic journals on topics covering finance, economics and strategy. He was a member of the Economic Strategies Committee in Singapore (2009), the Social Science Research Council (2016-18), and the Financial Research Council of the Monetary Authority of Singapore (2010-13). In 2018 he was awarded the Public Administration Silver Medal. Currently, Professor Yeung sits on the Advisory Boards/Councils of the Antai College of Economics and Management at Shanghai Jiao Tong University, the Economics and Management School of Wuhan University, the National Taiwan University Business School and the Institute of Economics, Academia Sinica. He received his BA in Economics and Mathematics from the University of Western Ontario and his MBA and PhD degrees from the Graduate School of Business at the University of Chicago.
News
Politics, Inconsistent Economic Policies, Destructive Dissatisfaction: The Roots of Hong Kong’s Malaise
In 2019, proposed amendments to the Extradition Bill triggered social unrest that has lasted for more than a year. Moving forward, Hong...
Latest news
Antitrust and Competition
The Whig History of the Merger Guidelines
A pervasive "Whig" view of United States antitrust history among scholars and practitioners celebrates the Merger Guidelines' implementation of increasingly sophisticated economic methods since their...
Antitrust and Competition
Algorithmic Collusion in the Housing Market
While the development of artificial intelligence has led to efficient business strategies, such as dynamic pricing, this new technology is vulnerable to collusion and consumer harm when companies share the same software through a central platform. Gabriele Bortolotti highlights the importance of antitrust enforcement in this domain for the second article in our series, using as a case study the RealPage class action lawsuit in the Seattle housing market.
Antitrust and Competition
The Future Markets Model Explains Meta/Within: A Reply to Herb Hovenkamp
In response to both Herb Hovenkamp’s February 27 article in ProMarket and, perhaps more importantly, also to Hovenkamp’s highly regarded treatise, Lawrence B. Landman, first, shows that the Future Markets Model explains the court’s decision in Meta/Within. Since Meta was not even trying to make a future product, the court correctly found that Meta would not enter the Future Market. Second, the Future Markets Model is the analytical tool which Hovenkamp says the enforcers lack when they try to protect competition to innovate.
Book Excerpts
The Chicago Boys and the Chilean Neoliberal Project
In a new book, The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism, Sebastian Edwards details the history of neoliberalism in Chile over the past seventy years. The Chicago Boys—a group of Chilean economists trained at the University of Chicago through the U.S. State Department’s “Chile Project”—played a central role in neoliberalism’s ascent during General Augusto Pinochet’s rule. What follows is an excerpt from the book on University of Chicago economist Milton Friedman’s 1975 visit to Chile to meet with Pinochet and business leaders.
Antitrust and Competition
Creating a Modern Antitrust Welfare Standard that Integrates Post-Chicago and Neo-Brandeisian Goals
Darren Bush, Mark Glick, and Gabriel A. Lozada argue that the Consumer Welfare Standard is inconsistent with modern welfare economics and that a modern approach to antitrust could integrate traditional Congressional goals as advocated by the Neo-Brandesians. Such an approach could be the basis for an alliance between the post-Chicago economists and the Neo-Brandesians.
Democracy
Getting Partisans To Listen to One Another Can Reduce Political Polarization
In new research, Guglielmo Briscese and Michèle Belot find that reminding Americans of shared values can open lines of communication and help reduce political polarization.
Antitrust and Competition
The State of The Debate on U.S. Antitrust and Competition
This year’s Stigler Center conference on antitrust and competition invited scholars to propose alternatives to the consumer welfare standard.
