The F.T.C., Oligopoly, and Shared Monopoly
This paper, written for a centennial commemoration of the founding of the U.S. Federal Trade Commision, reviews the history of two major cases tackling one of the most difficult problems in U.S.
Research
Patents, Monopoly Power, and the Pricing of Pharmaceuticals in Low-Income Nations
This paper reviews the theory and historical developments that made it possible for the world's least affluent citizens to obtain the benefits of modern pharmaceutical therapy at affordable prices.
Audits as Signals
A broad array of law enforcement strategies, from income tax to bank regulation, involve self-reporting by regulated agents and auditing of some fraction of the reports by the regulating bureau.
Review of Making and Unmaking Intellectual Property: Creative Production in Legal and Cultural Perspective
As thin as the gossamer of thought and as thick as the successful entrepreneur's bankroll, the concept of intellectual property (IP) navigates a wavering line between imagination and materiality.
Information Asymmetries in Consumer Lending: Evidence from Payday Lending
This paper tests for incentive and selection effects in a subprime consumer credit market.
Psychological Perspectives on Gender in Negotiation
Just Business: Multinational Corporations and Human Rights
One of the most vexing human rights issues of our time has been how to protect the rights of individuals and communities worldwide in an age of globalization and multinational business.
On Average, Physicians Spend Nearly 11 Percent Of Their 40-Year Careers With An Open, Unresolved Malpractice Claim
The US malpractice system is widely regarded as inefficient, in part because of the time required to resolve malpractice cases.
The Jinyuan Group: China’s Energy Boom and the Rise of Local Government Entrepreneurs
Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is
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