FIRST MODERN INSTITUTIONS OF COMPETITION REGULATION – LAW AND ECONOMICS OR LAW VERSUS ECONOMICS?

Economics, Law & Institutions: The Shaping of Chinese Competition Law

China has been considering enactment of an anti-monopoly (antitrust) law since 1993, and it has now enacted such a law. Given the potential importance of this legislation, there is much uncertainty about what the enactment means and what roles it is likely to play in influencing the development of the Chinese economy. This article applies a neo-institutionalist analysis in examining some of the...

Introduction to Information Economics, Competition, Regulation, Law, and Society Minitrack

This mini-track is informed by the most modern thinking in information economics and competitive strategy, and includes many interdisciplinary applications of IS and technology. The opening session showcases research on broadband Internet services, cable TV adoption, and crosscarriage disputes in digital entertainment. The first paper, “How Can Substitution and Complementarity Effects Be Levera...

Law and Economics: Realism or Democracy?Is law and economics antiâ•’democratic?

The Law and Economics of Antidiscrimination Law

This essay provides an overview of the central theoretical law and economics insights concerning antidiscrimination law across a variety of contexts including discrimination in labor markets, housing markets, consumer purchases, and policing. The different models of discrimination based on animus, statistical discrimination, and cartel exploitation are analyzed for both race and sex discriminat...

Law and Behavioral Economics

Although the impact of economics on the analysis and practice of law is beyond any reasonable doubt, such impact and influence has been decreasing over time. This may be partly due to the fact that many economists seem to have forgotten the practical goals with which the field of law and economics was endowed. But it may also be due to the fact that researchers in behavioral economics found an ...