The U.S., the WTO and the absence of international law

Social Networks and Vertical Integration

My friend and co-author, Wes Hartmann (Stanford Graduate School of Business) has posted a very interesting paper with Ricard Gil (UC Santa Cruz Economics) entitled, . . .

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The costs of options expensing rules

Larry points us to a new corporate finance blog, Richard Booth’s The Quant. It looks like a great blog. The most recent post is on executive compensation–particularly . . .

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Antitrust Law and Competition for Distribution

Thom recently posted about Judge Alito’s comments on the recent Lepage’s decision involving bundled discounts offered to retailers. There is presently much debate among antitrust . . .

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On disclosure: The hydraulic theory

We know that people respond to incentives, and that behavior will adjust in response to relative changes in price. But I think it’s commonly assumed . . .

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Maybe Hamas ain’t so bad

Prof. B. writes with pronounced skepticism of and hostility to Hamas’ recent Palestinian parliamentary victory here. He sees this as a “decisive victory by a . . .

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