Imagine a world where lawmakers enact a catalog of precisely tailored laws, specifying the
exact behavior that is permitted in every situation. The lawmakers have enough information …

American and European societies are much richer today than they were 100 years ago, yet
they are also vastly more regulated. Today, we work in jobs extensively regulated by the …

I examine how patent enforcement affects corporate research and development (R&D),
exploiting the legal changes induced by the Supreme Court decision eBay v …

As barriers to international investment fall and technology improves, the cost advantages for
a firm's securities to trade publicly in the country in which that firm is located and for that …

In this paper, we compare liability rules in a world where human-driven and fully-
autonomous cars coexist. We develop a model where a manufacturer can invest to improve …

We identify a competition-policy-based argument for regulating the secondary features of
complex or complexly priced products when consumers have limited attention. Limited …

We examine a dynamic model of up-or-down problem solving. A decision maker can either
spend resources investigating a new problem before deciding what to do or decide on the …

Whistle-blowing mechanisms have long been recognized and used as tools to encourage
the revelation of hidden information. The information sought is often evidence of otherwise …

The safety concerns for autonomous vehicles (AV) are shown to be a roadblock to their
adoption. This paper addresses these concerns by studying a unified, game-theoretic …

In this paper we make three contributions to the literature on optimal competition law
enforcement procedures. A first contribution, of more general interest, is to clarify the concept …