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Research and Papers

Academic Capture

The World Bank's "Papergate": Censorship Is Not the Best Way to Stop Development Aid From Fueling Corruption

Stefano Feltri
A new study of World Bank data finds that aid disbursement to highly aid-dependent countries coincides with sharp increases in bank deposits in offshore...
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Antitrust and Competition

The Real Price of Health Data: Americans Don’t Want to Share Their Records for Free

ProMarket writers
The 2019 Chicago Booth/Kellogg School Financial Trust Index survey shows that 93 percent of participants don’t want to share their health data with digital...
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Antitrust and Competition

How Allowing a Little Bit of Dissent Helps the Chinese Government Control Social Media

Zhenqi Jessie Liu
A new study on three major social networks in China finds that tolerating small, relatively free platforms helps the Chinese government maintain sufficiently high...
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Academic Capture

Data-Driven Ideology: The Problem With Economists' Takeover of Policymaking

Stefano Feltri
According to New York Times journalist Binyamin Appelbaum's recent book The Economists' Hour, economics is not the unbiased science that it pretends to be, but...
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Money in Politics

How Do Members of Congress React to the Potential of Lucrative Private Sector Employment?

Benjamin C.K. Egerod
Many fear that the potential for well-paid post-elective jobs can make legislators give rewards to their future employers. A new study finds that career...
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Antitrust and Competition

Should We Let Facebook Decide the Next President of the United States?

Stefano Feltri
Facebook admitted that only a binding regulation on political ads could prevent private corporations from influencing the outcome of US presidential elections. Without such...
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Regulatory Capture

Who Benefits When State Governments Award Incentives to Politically-Connected Companies?

Allison Koester, Daniel Aobdia, Reining Petacchi
A new study finds that a company is nearly four times more likely to receive an economic incentive in a state where the company...
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Academic Capture

Western Multinationals Can Improve Workers' Safety, If They Want to: The Case of Bangladesh

Stefano Feltri
In 2013, one of the largest factories in Bangladesh collapsed, killing 1,134 workers. Many multinationals committed to improving safety standards. A new study shows...
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Inequality

The Reality of Inequality and Its Perception: Chile’s Paradox Explained

Sebastian Edwards
While conventional indicators show a significant decline in inequality, the perception among Chile’s citizens is that inequality has greatly increased. The development model Chile...
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Antitrust and Competition

High-Priced Acquisitions of Tech Startups Do Not Always Stimulate More Innovation

ProMarket writers
What seems to be a big reward to innovation ultimately reduces the incentive to innovate, argues a new Stigler Center working paper by Krishna...
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Antitrust and Competition

Should the European Union Require Tech Firms to Adopt a Common Charger?

Federico Innocenti, Martin Peitz
According to a new European Commission directive expected to be approved in the next few months, tech firms will have to use...
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News

Chart of the Week: Economists Don’t Think Congress Should Make Price Gouging Illegal

Brooke Fox
Most economists disagree with a new bill in the US that would set limits on "unconscionably excessive prices," according to a recent...
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Antitrust and Competition

Neoliberal Economists Are Giving Biden Bad Advice on Inflation

Hal Singer
To spare the economy from the pain of further interest rate hikes, the President should aggressively pursue anticompetitive conduct by companies in...
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Antitrust and Competition

How Would the Big Tech Self-Preferencing Bill Affect Users? 

Randy Picker
The Senate looks to be nearing a vote on the American Innovation and Choice Online Act, which would prohibit gatekeeping digital platforms...
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News

New eBook Revisits George Stigler’s Theory of Regulatory Capture 50 Years Later

Filippo Lancieri, Luigi Zingales
To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining...
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News

Firms Gerrymander Ownership of Polluting Plants to Reap Public and Regulatory Benefits

Janet Gao, Ran Duchin, Qiping Xu
New research has discovered that many companies who appear to sell, or ‘divest,’ their toxic plants, actually retain relationships with their buyers....
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Antitrust and Competition

How Should Antitrust Deal With Facebook? A Stigler Center Panel Investigates

Utsav Gandhi
Panelists at the Stigler Center’s recent antitrust conference look at the antitrust case against Facebook and discuss potential theories of harm, as...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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