I am very pleased to add one Nobel laureate to my “Antitrust Conversations”: Vernon L. Smith. Vernon has been awarded the Nobel Prize in Economics in 2002 for “having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms.” According to the Nobel Committee, he has “laid...Read More
Dear readers, Remember last summer March when I published conversations on antitrust/competition law that I’d had with three Nobel laureates… well, I do it again! I’ve questioned three other Nobel laureates – Michael Spence, Alvin Roth, and Robert Aumann – on some “hot topics” covering antitrust law, including merger control, cartels, the politicization of the law, behavioral economics, monopolization on...Read More
I am delighted to introduce three conversations on antitrust law I’ve had very recently with Nobel Prize laureates in Economics: Edward C. Prescott, Angus S. Deaton & Oliver D. Hart. I have interviewed them (and others, to be published in the coming months) to understand how useful their work could be to antitrust law. Given the rigor...Read More
