Complexity-Minded Antitrust
Complexity science permeates the policy spectrum but not antitrust. This is unfortunate. Complexity science provides a high-resolution screen on the empirical realities of markets. . . .
Complexity-Minded Antitrust
Regulating Artificial Intelligence and Machine Learning
Artificial Intelligence (“AI”) and machine learning (“ML”) have the potential to create breakthrough advances in a range of industries, but they also raise novel . . .
Turning Back the Clock: Structural Presumptions in Merger Analyses and Revised Merger Guidelines
Introduction Since 1950, when Congress closed a loophole in Section 7 of the Clayton Act, the federal antitrust agencies have investigated actively, and prosecuted diligently, . . .
The Microsoft Litigation’s Lessons for United States v. Google
The United States Department of Justice (“DOJ”) and three overlapping groups of states have filed federal antitrust cases alleging Google has monopolized internet search, . . .
Fairness and Ambiguity in EU Competition Policy
The concept of fairness is not foreign to competition law, nor are considerations of fairness new to it. Persistent uncertainty regarding what constitutes fairness . . .
Credible Commitments, Adaptability, & Conservation Easements
Conservation easements, a widely used tool to preserve land for conservation purposes, suffer from a fundamental flaw in lacking a means of adapting the . . .
The Challenges of Using Ranks to Estimate Sales
Researchers have frequently used publicly available data on product ranks to estimate nonpublic sales quantities, believing that there is a linear relationship between logged . . .
Association of Past and Future Paid Medical Malpractice Claims
Importance Many physicians believe that most medical malpractice claims are random events. This study assessed the association of prior paid claims (including a single prior . . .
A Patent and a Prize
This paper examines a simple and old question: should innovators receive a patent or a prize? The answer I provide is equally simple: they . . .