Government Regulations
Quality Disclosure | Data & Privacy | Consumer Protection | Antitrust
Working papers:
The Effects of Short-term Rental Regulation: Insights from Chicago, with Liad Wagman and Mengyi Zhong, November 2023, SSRN working paper # 4638022.
Preserving the Institutional Value of the FTC in the Digital Era, with Liad Wagman, December 2023, SSRN working paper #4669738.
Top-up design and Health Care Expenditure: Evidence from Cardiac Stents, Nov. 2023, with Hsienming Lien and Xuezhen Tao, NBER working paper #28107.
The Alchemy of a Pyramid: Transmutating Business Opportunity Into a Negative Sum Wealth Transfer, Dec. 2019, with Andrew Stivers and Doug Smith, SSRN working paper #3497682.
GDPR and the Localness of Venture Investment, Aug. 2019, with Jian Jia and Liad Wagman at the Illinois Institute of Technology, SSRN working paper #3436535.
Protecting Consumers in Privacy and Data Security: A Perspective of Information Economics (May 2017), with Andrew Stivers, SSRN working paper #3006172.
Publications:
Can Data Regulation Reshape the Short-Term Rental Market?, with Liad Wagman and Mengyi Zhong, February 2024, CPI Antitrust Chronicle.
The Draft Merger Guidelines Risk Reducing Innovation, with Mario Leccese and Liad Wagman, Promarket (Blog), October 18, 2023.
Popular Mobile Apps in the Pandemic Era: A Glimpse at Privacy and Competition, with Ziqiao Liu and Liad Wagman, CPI Antitrust Chronicle, December 2022.
Towards A Technological Overhaul of American Antitrust, with D. Daniel Sokol and Liad Wagman, Antitrust, Vol. 37, No. 1, Fall 2022.
How Do Top Acquirers Compare in Technology Mergers? New Evidence from an S&P Taxonomy, with Mario Leccese and Liad Wagman, November 2022, NBER working paper #29642, forthcoming International Journal of Industrial Organization, special issue of CRESSE.
Medicare Payment to Skilled Nursing Facilities: The Consequences to the Three-Day Rule, June 2021, with Ajin Lee and Susan Lu, NBER working paper #25017, forthcoming Management Science under a new title "Patient Routing to Skilled Nursing Facilities: The Consequences of the Medicare Reimbursement Rule.”
Learning from Deregulation: The Asymmetric Impact of Lockdown and Reopening on Risky Behavior During COVID-19, Aug. 2020, with Edward L. Glaeser, Benjamin T. Leyden, Michael Luca, Journal of Regional Science, special issue on COVID-19 and regions, earlier draft available as NBER working paper #27650.
summary in Harvard Business School Working Knowledge (12/15/2020).
The Effects of Government Licensing on E-commerce: Evidence from Alibaba, Oct. 2020, with Zhentong Lu, Xiaolu Zhou and Chunxiao Li, NBER working paper #27884, accepted by the Journal of Law and Economics, special issue in memory of Harold Demsetz.
The Persistent Effects of the EU General Data Protection Regulation on Technology Venture Investment, with Jian Jia and Liad Wagman, Antitrust Source, June 2021. Volume 20, No. 6.
Data Regulation and Technology Venture Investment: What Do We Learn From GDPR? with Jia Jian and Liad Wagman, Competition Policy International Antitrust Chronicle, Winter 2021, Vol. 1, No. 1.
The Short-Run Effects of GDPR on Technology Venture Investment, Nov. 2019, with Jian Jia and Liad Wagman, NBER working paper #25248, forthcoming Marketing Science.
Wall Street Journal (1/31/2024)
Big Data at the Crossroads of Antitrust and Consumer Protection, Apr. 2020, with Liad Wagman, based on my keynote at the 16th ZEW Conference on the Economics of Information and Communication Technology in Mannheim, Germany (June 2018), Information Economics and Policy, Special Issue on Antitrust in the Digital Economy, March 2021.
Economics at the FTC: Deceptive Claims, Market Definition, and Patent Assertion Entities, with Julie Carlson, Matthew Jones, Jason O'Connor and Nathan Wilson, Review of Industrial Organization, December 2017, 51(4): 487–513.
Banning Foreign Pharmacies from Sponsored Search: The Online Consumer Response, with Matthew Chesnes and Weijia (Daisy) Dai, Marketing Science, November-December 2017, 36(6): 879-907.
Highlights by INFORMS
Economics at the FTC: Horizontal Mergers and Data Security, with Dan Hanner, Marc Luppino and Ted Rosenbaum, Review of Industrial Organization, December 2016, 49(4): 613-631.
Direct to Consumer Advertising and Prescription Choice, with Toshiaki Iizuka, Journal of Industrial Economics , 2007, 55(4): 771-771.
Impact of Restaurant Hygiene Grade Cards on Foodborne Disease Hospitalizations in Los Angeles County, (with Phillip Leslie, Paul Simon, Grace Run, Roshan Reporter, Arturo Aguirre and Jonathan E. Fielding) Journal of Environmental Health, March 2005, Vol. 67, 32-36.
The Case in Support of Restaurant Hygiene Grade Cards, with Phillip Leslie, Choices, 2nd Quarter 2005, 20(2), 97-102.
This study has encouraged the public health authorities in the UK to adopt food hygiene grades both via restaurant window displays and on the internet. The internet publication of hygiene grades is available at www.scoresonthedoors.org.uk .
The Effects of Prescription Drug Advertising on Doctor Visits, with Toshiaki Iizuka, Journal of Economics & Management Strategy, Fall 2005, 14(3): 701-727.
The Effects of Information on Product Quality: Evidence from Restaurant Hygiene Grade Cards, with Phillip Leslie, Quarterly Journal of Economics, May 2003, 118(2), 409-51.
Press articles in the Wall Street Journal (5/29/2003), Sacramento Bee (6/21/2003 ), Los Angeles Times ( 7/28/2003).
Related opinions in Napa News (2/13/2005).
Book mentions: Secrets of the MoneyLab (by Kay-Yut Chen and Marina Krakovsky)
Book Review:
Mandated Disclosure May Have Flaws, But It Still Has Value, June 22, 2015, comments on More Than You Wanted To Know: The Failure of Mandated Disclosure, by Omri Ben-Shahar and Carl E. Schneider.
Conference Organization:
Co-organizer, Research on Effective Government: Inspection and Compliance Workshop, Jun. 2015.
Co-organizer, Marketing Science – Federal Trade Commission Economic Conference on Marketing and Consumer Protection (09/16/2016).