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Patent holdup has proven one of the most controversial topics in innovation policy, in part because companies with a vested… Continue reading →

For decades, the major United States airlines have raised passenger fares through coordinated fare-setting when their route networks overlap, according… Continue reading →

The extent to which horizontal mergers deliver competitive benefits that offset any potential for competitive harm is a critical issue… Continue reading →

There is a growing concern over concentration and market power in a broad range of industrial sectors in the United… Continue reading →

A nascent competitor is a firm whose prospective innovation represents a serious threat to an incumbent. Protecting such competition is… Continue reading →

Public lands and private enterprise exist in an uncomfortable equilibrium. Since their founding, the national parks have embraced some forms… Continue reading →

Since the Supreme Court’s decision in Everson v. Board of Education, it has been widely assumed that the Establishment Clause forbids… Continue reading →

What if the widely used Model Penal Code (MPC) assumes a distinction between mental states that doesn’t actually exist? The… Continue reading →

In the past decade, psychological and behavioral studies have found that individual commitment to contracts persists beyond personal relationships and… Continue reading →