Scholarship Archives - Page 8 of 8 - International Center for Law & Economics

June 2, 2010

THE ECONOMICS OF PAYMENT CARD INTERCHANGE FEES AND THE LIMITS OF REGULATION

Todd Zywicki

Summary Fresh off of the most substantial national liquidity crisis of the last generation and the enactment of sweeping credit card regulation in the form of the Credit CARD Act,…

Financial Regulation

March 21, 2010

Review of Michael Carrier’s Innovation for the 21st Century

Geoffrey A. Manne

"Michael Carrier has written a timely and interesting book. There is much to like about the book, in particular its accessible format and content. I do fear that it is a bit overly ambitious, however..."

Antitrust & Consumer Protection

January 1, 2010

Innovation and the Limits of Antitrust

Geoffrey A. Manne & Joshua Wright

Frank Easterbrook's seminal analysis of error-cost minimization in The Limits of Antitrust has special relevance to antitrust intervention in markets where innovation is a critical dimension of competition.

Antitrust & Consumer Protection

August 28, 2009

Institutions and the Regulation of Innovation in Competition Policy

Geoffrey A. Manne & Joshua Wright

"Innovation is critical to economic growth. While it is well understood that legal institutions play an important role in fostering an environment conducive to innovation and its commercialization, much less is known about the optimal design of specific institutions..."

Innovation & The New Economy

August 13, 2009

International Signals: The Political Dimension of International Competition Law Harmonization

Geoffrey A. Manne & Seth Weinberger

The article, written jointly by a law professor and political science professor, endeavors to explain why the United States is particularly resistant to various efforts at international harmonization of antitrust law.

Antitrust & Consumer Protection

January 1, 2007

The Hydraulic Theory of Disclosure Regulation and Other Costs of Disclosure

Geoffrey A. Manne

Summary This article argues that mandatory securities disclosure regulation has unanticipated and ill-considered consequences. Disclosure regulation makes some forms of behavior more expensive relative to others. Rational actors will respond…

Financial Regulation

January 1, 2006

Backdating Options and Why Executive Compensation is Not All about Norms

Geoffrey A. Manne & Joshua Wright

In this short essay, we take on some of the common claims surrounding the law and economics of the backdating of options. Most of these claims are rooted in the basic argument that backdating options amounts to concealment of compensation.

Financial Regulation

January 1, 2005

Use and Misuse of Business Documents in Antitrust Enforcement & Adjudication

Geoffrey A. Manne

In this article we examine the use of business documents to prove antitrust violations. Such usage has long occurred in the courts and regulatory agencies. More recently, there has been a scholarly effort to justify the use of such documents and the rhetoric they contain in antitrust analysis.

Antitrust & Consumer Protection

January 1, 1999

Agency Costs and the Oversight of Charitable Organizations

Geoffrey A. Manne

This article uses property rights theory and the theory of the firm to analyze the behavior of the participants in nonprofit organizations. It locates the failure of nonprofit oversight in the confluence of strict standing rules and nearly insurmountable agency costs.

Financial Regulation

Resources: scholarship