By Richard Schmalensee on February 3, 2015

Richard Schmalensee’s introduction to the classic Rochet & Tirole article, Platform Competition in Two-Sided Markets, as published in Competition Policy International, January (2015): The press release announcing that Jean Tirole had been awarded the 2014 Nobel Prize in Economic Sciences noted that he had made important theoretical research contributions in a number of areas. One […]

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By David S. Evans on January 30, 2015

David Evans, Howard Chang, and Steven Joyce have a new article published by Oxford’s Journal of Competition Law and Economics. The following is an abstract, Download an HDL or PDF print of the complete article here. The cost to U.S. merchants of taking payment on debit cards declined by more than $7 billion annually as […]

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By Todd Zywicki on January 30, 2015

This article originally appeared in the Washington Post on January 30, 2015 In what seems to be a retreat from its Operation Choke Point initiative, the FDIC has announced new regulatory guidance that instructs banks to judge their relationships with their customers on a case-by-case basis, rather than refusing to provide banking services to entire […]

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By Richard Epstein on January 28, 2015

This article was originally posted on Defining Ideas, Hoover Institution, Stanford University on January 26, 2015. In his State of the Union address, President Barack Obama painted a rosy picture of his administration’s work both in foreign and domestic policy. Reviewing the speech, it becomes clear that his failures both at home and abroad stem […]

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By Juan Delgado on January 21, 2015

Under the current uncertainty about future spectrum demand and given the high costs involved by releasing frequencies from broadcasting to mobile broadband, adopting early decisions on the reallocation of the 700 MHz band in Europe might not necessarily lead to a more efficient outcome, concludes Juan Delgado, Managing Director at GlobalEcon’s Madrid office in an […]

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By Juan Delgado on December 12, 2014

Juan Delgado, Managing Director of the Madrid office of Global Economics Group, is the co-editor of the newly-published book Green Energy and Efficiency: An Economic Perspective. The book, published by Springer, addresses the major issues associated with green energy and energy efficiency and provides in-depth explorations of up-to-date research developments through dedicated chapters by experts […]

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