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21 Aug 2009, 9:24 am
Luke Froeb, former Director of the Bureau of Economics at the FTC, chimes in: In other words, advertisers can use testimonials only if they develop statistical evidence to support testimonial claims, like the kind of evidence required by the FDA for new drug applications. [read post]
19 Oct 2009, 9:16 pm
Confirmed participants thus far (with more to come) include: Dennis Carlton (Chicago GSB) Dan Crane (Michigan Law) Herbert Hovenkamp (Iowa) Einer Elhauge (Harvard) Luke Froeb (Vanderbilt) Andrew Gavil (Howard) Thom Lambert (Missouri) Geoff Manne (LECG) Steve Salop (Georgetown) Joseph Simons (Paul Weiss) Danny Sokol (Florida) Josh Wright (George Mason) Paul Yde (Freshfields) [read post]
26 Oct 2009, 5:48 am
The first installment of the remainder of today’s posts, which will be posted throughout the day on (hopefully) regular intervals, will come from a group of economists: Dennis Carlton, Luke Froeb, Robert Gertner, Steve Salop, and a joint submission from Greg Sidak & David Teece. [read post]
13 May 2011, 12:16 pm by Josh Wright
Luke Froeb makes a nice point about the organization of economists in administrative agencies: The FTC, which enforces identical consumer protection laws, is organized along functional lines, with attorneys and economists each writing memos to a bipartisan Commission. [read post]
15 Oct 2009, 9:15 am
Confirmed participants thus far (with a number of pending invites) include: Dennis Carlton (Chicago GSB) Dan Crane (Michigan Law) Herbert Hovenkamp (Iowa) Einer Elhauge (Harvard) Luke Froeb (Vanderbilt) Andrew Gavil (Howard) Thom Lambert (Missouri) Geoff Manne (LECG) Steve Salop (Georgetown) Joseph Simons (Paul Weiss) Danny Sokol (Florida) Josh Wright (George Mason) Paul Yde (Freshfields) [read post]
11 Mar 2019, 2:59 am by Walter Olson
Varjabedian] In car insurance, credit scores “effectively predict risk of claims within racial and ethnic groups” and banning their use would likely “result in insurers finding other, less good and possibly discriminatory methods of distinguishing high from low risks” [Luke Froeb, Managerial Econ via Alex Tabarrok] Tags: banks, debtor-creditor law, mortgages, Securities and Exchange Commission, securities litigation [read post]
3 Mar 2008, 7:59 pm
Luke Froeb, who is another excellent economist supporting a candidate (Luke is an Economic Policy Adviser for the McCain campaign), reports that McCain voted against trade barriers 88% of the time as opposed to Obama’s 36% and Clinton’s 31%. [read post]
25 Jul 2007, 12:09 pm
UPDATE: Luke Froeb (Vanderbilt and former Director of the Bureau of Economics at the Federal Trade Commission) offers some thoughts on the FACTA study at his new blog: Management R&D: So even though credit scores help insurance companies price insurance more accurately, point 3 implies that some groups pay more, on average, than others. [read post]
27 Oct 2009, 5:13 pm
Joe Farrell, Welcome from the Agencies Dennis Carlton, Revising the Guidelines Luke Froeb, Merger Enforcement without Market Definition Robert Gertner, Revising the Guidelines Steve Salop, Comments on Updating the Merger Guidelines David Teece and J. [read post]
4 Jul 2008, 6:07 am
Fourth,   for an analysis of how to best organize economists within a competition agency, see this recent posting from Luke Froeb, Paul Pautler, and Lars-Hendrik Roller advocating strong horizontal links between legal and economic units, e.g. reliance on cross-trained experts in law and economics that can evaluate the separate recommendation of the complementary unit. [read post]
1 Sep 2023, 12:16 pm by Daniel J. Gilman
Luke Froeb, Danny Sokol, and Liad Wagman capture the zeitgeist nicely with the title of their forthcoming article: “Cost-Benefit Analysis Without the Benefits or the Analysis: How Not to Draft Merger Guidelines. [read post]
15 Jan 2009, 11:56 am
(HT: Luke Froeb) UPDATE II: Fama responds to DeLong. [read post]
15 Oct 2008, 5:52 pm
So far I’ve read and very much enjoyed the articles from Tom Barnett (DOJ), Luke Froeb and Pingping Shan, and Sean Gates (the others look good too). [read post]
21 Sep 2023, 5:42 am by Joe Sims
I must admit I am bummed that Luke Froeb, Daniel Sokol, & Liad Wagman, in the title of their analysis of the draft guidelines, captured this inanity perfectly before I thought of their phrasing: “Cost Benefit Analysis Without the Benefits or the Analysis. [read post]
21 May 2010, 5:33 am by Josh Wright
  Baker ignores this empirical, evidence-based non-interventionist critique, which, for example, has been the core of the position taken by modern academic skeptics of monopolization enforcement like myself, Dan Crane, Tim Muris, Bruce Kobayashi, Luke Froeb, and David Evans. [read post]