Search for: "Thom Lambert"
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12 Mar 2025, 6:27 am
A thorough and consistent application of cost-benefit analysis should, as Thom Lambert has argued, seek to “minimize the sum of decision costs (the costs of making a decision) and error costs (the costs of making the wrong decision). [read post]
20 Aug 2024, 6:24 am
Readers of Truth on the Market are no doubt aware of Judge Amit Mehta’s Aug. 5 decision in the Google search antitrust case—that is, his 286-page memorandum and order finding Google liable for violating Section 2 of the Sherman Act (specifically, illegal monopoly maintenance in two markets: general search services and general text advertising). [read post]
