Rethinking Merger Analysis<\/em> (MIT Press<\/a>, 2024). [Amazon (purchase)<\/a>]<\/p>\n\n\n\n Competition Policy and Price Fixing <\/em>(Princeton University Press<\/a>, 2013). [Amazon (purchase)<\/a>]<\/p>\n\n\n\n The Theory of Taxation and Public Economics<\/em> (Princeton University Press<\/a>, 2008; paperback, 2011) [Amazon (purchase)<\/a>]<\/p>\n\n\n\n Fairness Versus Welfare<\/em> (with Steven Shavell) (Harvard University Press<\/a>, 2002; Chinese translation, Law Press China, 2007). [Amazon (purchase)<\/a>]<\/p>\n\n\n\n Antitrust Analysis<\/em> (with Phillip Areeda & Aaron Edlin) (8th ed.; Aspen Publishers, 2021). [Amazon (purchase)<\/a>]<\/p>\n\n\n\n Previous editions of Antitrust Analysis<\/em>: Analytical Methods for Lawyers<\/em> (with Steven Shavell, W. Kip Viscusi, & David Cope) (3nd ed.; Foundation Press, 2017. [Amazon (purchase)<\/a>]<\/p>\n\n\n\n Previous editions of Analytical Methods for Lawyers: From Analytical Methods for Lawyers, 1st Edition: Decision Analysis, Game Theory, and Information<\/em> (2003) [Amazon (purchase)<\/a>] Out of Market, Out of Mind, Antitrust Law Journal<\/em>, vol. 87, no 2, pp. 547-592 (2026). [SSRN<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Improving Economic Analysis in Merger Guidelines, Journal of Economic Perspectives<\/em>, vol. 39, no. 1, pp. 29-52 (2025). [Journal of Economic Perspectives<\/a>] [SSRN<\/a>]<\/p>\n\n\n\n Optimal Income Taxation, Journal of Economic Literature<\/em>, vol. 62, pp. 637-738 (2024). [Journal of Economic Literature<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n On the Representativeness of Voter Turnout (with Scott Kominers), Journal of Law and Economics<\/em>, vol. 67, pp. 879-904 (2024). [Journal of Law and Economics<\/a>] [NBER<\/a>]<\/p>\n\n\n\n Optimal Taxation and Charitable Giving, in Tax Policy and the Economy<\/em>, vol. 31 (Moffitt, ed., NBER and University of Chicago Press 2024), pp. 123-162. [Tax Policy and the Economy] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n The 2023 Merger Guidelines and Market Definition: Doubling Down or Folding?, Review of Industrial Organization<\/em>, vol. 65, 7-37 (2024). [Review of Industrial Organization<\/a>] [SSRN<\/a>]<\/p>\n\n\n\n Competition Policy in a Simple General Equilibrium Model, Journal of Political Economics: Microeconomics<\/em>, vol. 1, 80-114 (2023). [Journal of Political Economics: Microeconomics<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Entry and Merger Analysis, Antitrust Law Journal<\/em>, vol. 85, pp. 103-146 (2023). [SSRN<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Replacing the Structural Presumption, Antitrust Law Journal<\/em>, vol. 84, pp. 565-627 (2022). [Olin Center WP<\/a>]<\/p>\n\n\n\n Market Power and Income Taxation, American Economic Journal: Economic Policy<\/em>, vol. 13, pp. 329-354 (2021). [American Economic Journal: Economic Policy<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Horizonal Merger Analysis, International Journal of Industrial Organization<\/em>, vol. 79, 102714 (2021). [International Journal of Industrial Organization<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Efficiencies in Merger Analysis, Antitrust Law Journal<\/em>, vol. 83, pp. 557-619 (2021). [Antitrust Law Journal<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n A Unified Perspective on Efficiency, Redistribution, and Public Policy, National Tax Journal<\/em>, vol. 73, pp. 429-472 (2020). [National Tax Journal<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Optimal Regulation with Exemptions, International Journal of Industrial Organization<\/em>, vol. 66, pp. 1-39 (2019). [International Journal of Industrial Organization<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Balancing Versus Structured Decision Procedures: Antitrust, Title VII Disparate Impact, and Constitutional Law Strict Scrutiny, University of Pennsylvania Law Review<\/em>, vol. 167, pp. 1375-1462 (2019). [University of Pennsylvania Law Review<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n On the Design of Legal Rules: Balancing Versus Structured Decision Procedures, Harvard Law Review<\/em>, vol. 132, pp. 992-1065 (2019). [Harvard Law Review<\/a>]<\/p>\n\n\n\n Recoupment and Predatory Pricing Analysis, Journal of Legal Analysis<\/em>, vol. 10, pp. 1-67 (2018). [Journal of Legal Analysis<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Price-Fixing Policy, International Journal of Industrial Organization<\/em>, vol. 61, pp. 749-776 (2018). [International Journal of Industrial Organization<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Recoupment, Market Power, and Predatory Pricing, Antitrust Law Journal<\/em>, vol. 82, pp. 167-219 (2018). [JSTOR<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Optimal Design of Private Litigation, Journal of Public Economics<\/em>, vol. 155, pp. 64-73 (2017). [Journal of Public Economics<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Optimal Multistage Adjudication, Journal of Law, Economics, & Organization<\/em>, vol. 33, pp. 613- 652 (2017). [Journal of Law, Economics, & Organization<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Who Will Vote Quadratically? Voter Turnout and Votes Cast under Quadratic Voting (with Scott Kominers), Public Choice<\/em>, vol. 172, pp. 125-149 (2017). [JSTOR<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n A Distribution-Neutral Perspective on Tax Expenditure Limitations, in Tax Policy and the Economy<\/em>, vol. 31 (Moffitt, ed., NBER and University of Chicago Press 2017), pp. 161- 188. [JSTOR<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n On the Relevance of Market Power, Harvard Law Review<\/em>, vol. 130, pp. 1303-1407 (2017). [Harvard Law Review<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Commentary on the Economic and Distributional Effects of Tax Expenditure Limits, in The Economics of Tax Policy<\/em> (Auerbach & Smetters, eds., 2017), pp. 145-155. [Oxford Academic<\/a>]<\/p>\n\n\n\n The Meaning of Vertical Agreement and the Structure of Competition Law, Antitrust Law Journal<\/em>, vol. 80, pp. 563-630 (2016). [JSTOR<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Myopia and the Effects of Social Security and Capital Taxation on Labor Supply, National Tax Journal<\/em>, vol. 68, pp. 7-32 (2015). [National Tax Journal<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Information and the Aim of Adjudication: Truth or Consequences?, Stanford Law Review<\/em>, vol. 67, pp. 1303-1371 (2015). [Stanford Law Review<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Market Definition, Market Power, International Journal of Industrial Organization<\/em>, vol. 43, pp. 148-161 (2015). [International Journal of Industrial Organization<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Government Policy and Labor Supply with Myopic or Targeted Savings Decisions, in Tax Policy and the Economy<\/em>, vol. 29 (Brown, ed.; NBER and University of Chicago Press, 2015), pp. 159-193. [JSTOR<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Market Definition, in Oxford Handbook of International Antitrust Economics<\/em>, (Blair & Sokol, eds.; Oxford University Press, 2015), 345-363. [Oxford Academic<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Likelihood Ratio Tests and Legal Decision Rules, American Law and Economics Review<\/em>, vol. 16, 1-39 (2014). [American Law and Economics Review<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Market Definition: Impossible and Counterproductive, Antitrust Law Journal<\/em>, vol. 79, 361-379 (2013). [Antitrust Law Journal<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Multistage Adjudication, Harvard Law Review<\/em>, vol. 126, 1179-1298 (2013). [Harvard Law Review<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Optimal Control of Externalities in the Presence of an Income Tax, International Economic Review<\/em>, vol. 53, 487-509 (2012). [International Economic Review<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Burden of Proof, Yale Law Journal<\/em>, vol 121, 738-859 (2012). [Yale Law Journal<\/a>]<\/p>\n\n\n\n On the Choice of Welfare Standards in Competition Law, in Goals of Competition Law<\/em> (Zimmer, ed.; Edward Elgar, 2012), 3-26. [Elgar Online<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Market Definition Alchemy, Antitrust Bulletin<\/em>, vol. 57, 915-952 (2012). [The Antitrust Bulletin<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n On the Optimal Burden of Proof, Journal of Political Economy<\/em>, vol. 119, 1104-1140 (2011). [Journal of Political Economy<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Direct versus Communications-Based Prohibitions on Price Fixing, Journal of Legal Analysis<\/em>, vol. 3, 449-538 (2011) . [Journal of Legal Analysis<\/a>]<\/p>\n\n\n\n An Optimal Tax System, Fiscal Studies<\/em>, vol. 32. 415-435 (2011). [Fiscal Studies<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Market Definition and the Merger Guidelines, Review of Industrial Organization<\/em>, vol. 39, 107-125 (2011). [JSTOR<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n An Economic Approach to Price Fixing, Antitrust Law Journal<\/em>, vol. 77, 343-449 (2011). [Antitrust Law Journal<\/a>]<\/p>\n\n\n\n Market Share Thresholds: On the Conflation of Empirical Assessments and Legal Policy Judgments, Journal of Competition Law & Economics<\/em>, vol. 7, 243\u2013276 (2011). [Journal of Competition Law & Economics<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n On the Meaning of Horizontal Agreements in Competition Law, California Law Review<\/em>, vol. 99, 683-818 (2011). [California Law Review<\/a>]<\/p>\n\n\n\n Discount Rates, Social Judgments, Individuals’ Risk Preferences, and Uncertainty (with David Weisbach), Journal of Risk and Uncertainty<\/em>, vol. 42, 125-142 (2011). [Journal of Risk and Uncertainty<\/a>]<\/p>\n\n\n\n Optimal Proof Burdens, Deterrence, and the Chilling of Desirable Behavior, American Economic Review: Papers and Proceedings<\/em>, vol. 101, 277-280 (2011). [American Economic Review<\/a>]<\/p>\n\n\n\n Targeted Savings and Labor Supply, International Tax and Public Finance<\/em>, vol. 18, pp. 507-518 (2011) [International Tax and Public Finance<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Utility from Accumulation, National Tax Association Proceedings<\/em>, 102nd Annual Conference 2009, 189-194 (2011). [National Tax Association<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Taxes, Permits, and Climate Change, in U.S. Energy Tax Policy<\/em> (Metcalf, ed., Cambridge University Press, 2011), 168-192. [Cambridge University Press<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Why (Ever) Define Markets?, Harvard Law Review<\/em>, vol. 124, 437-517 (2010). [Harvard Law Review<\/a>]<\/p>\n\n\n\n Taxing Leisure Complements, Economic Inquiry<\/em>, vol. 48, 1065-1071 (2010). [Economic Inquiry<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Concavity of Utility, Concavity of Welfare, and Redistribution of Income, International Tax and Public Finance<\/em>, vol. 17, 25-42 (2010). [International Tax and Public Finance<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n The Social Evaluation of Intergenerational Policies and Its Application to Integrated Assessment Models of Climate Change (with Elisabeth Moyers & David Weisbach), B.E. Journal of Economics Analysis & Policy<\/em>, vol. 10, issue 2, art. 7, 1-32 (2010); also in Distributional Aspects of Energy and Climate Change<\/em> (Cohen, Fullerton & Topel, eds., Edward Elgar, 2013), pp. 41-74. [BE Press <\/a>]<\/p>\n\n\n\n On the Taxation of Private Transfers, Tax Law Review<\/em>, vol. 63, 159-187 (2009). [Tax Law Review<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Optimal Policy with Heterogeneous Preferences. 8 B.E. Journal of Economic Analysis and Policy: Advances<\/em>, Issue 1, Article 40, 1-28. (2008) [B.E. Journal of Economic Analysis and Policy: Advances<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Capital Levies and Transition to a Consumption Tax, in Institutional Foundations of Public Finance: Economic and Legal Perspectives <\/em>(Auerbach & Shapiro, eds., Harvard University Press, 2008). [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Optimal Taxation, in The New Palgrave Dictionary of Economics<\/em>, 2nd Edition (Durlauf & Blume, eds., Macmillan, 2008). [The New Palgrave Dictionary of Economics<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Income Taxation and Optimal Government Policy, in The New Palgrave Dictionary of Economics<\/em>, 2nd Edition (Durlauf & Blume, eds., Macmillan, 2008). [The New Palgrave Dictionary of Economics<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Pareto Principle and Competing Principles, in The New Palgrave Dictionary of Economics<\/em>, 2nd Edition (Durlauf & Blume, eds., Macmillan, 2008). [The New Palgrave Dictionary of Economics<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Antitrust, in Handbook of Law and Economics<\/em> (Polinsky & Shavell, eds.; Elsevier, 2007), vol. 2, pp. 1072-1225. (With Carl Shapiro) [Handbook of Law and Economics<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Taxation, in Handbook of Law and Economics<\/em>. (Polinsky & Shavell, eds., Elsevier, 2007), vol. 1, pp. 647-755 [Handbook of Law and Economics<\/a>] [NBER<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Moral Rules, the Moral Sentiments, and Behavior: Toward a Theory of an Optimal Moral System (with Steven Shavell) Journal of Political Economy<\/em>, vol. 115, 494-514 (2007). [Journal of Political Economy<\/a>] [NBER<\/a>]<\/p>\n\n\n\n Primary Goods, Capabilities, or …Well-Being? Philosophical Review<\/em>, vol. 116, 603-632 (2007). [The Philosophical Review<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Optimal Income Transfers, International Tax and Public Finance<\/em>, vol. 14, 295-325 (2007). [International Tax and Public Finance<\/a>] [NBER WP<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Taxation and Redistribution: Some Clarifications, Tax Law Review<\/em>, vol. 60, 57-81 (2007). [Tax Law Review]<\/a> [Olin Center WP<\/a>]<\/p>\n\n\n\n Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency, University of Chicago Law Review<\/em>, vol. 74, 79-118 (2007). [University of Chicago Law Review<\/a>] [NBER WP<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n On the Undesirability of Commodity Taxation Even When Income Taxation Is Not Optimal, Journal of Public Economics<\/em>, vol. 90, 1235-1250 (2006). [Journal of Public Economics<\/a>] [NBER WP<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Public Goods and the Distribution of Income, European Economic Review<\/em>, vol. 50, 1627-1660 (2006). [European Economic Review<\/a>] [NBER WP<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Choosing Expensive Tastes, Canadian Journal of Philosophy<\/em>, vol. 36, 415-425 (2006). [Canadian Journal of Philosophy<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n The Value of a Statistical Life and the Coefficient of Relative Risk Aversion, Journal of Risk and Uncertainty<\/em>, vol. 31, 23-34 (2005). [Journal of Risk and Uncertainty<\/a>] [NBER WP<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Why Measure Inequality?, Journal of Economic Inequality<\/em>, vol. 3, 65-79 (2005). [Journal of Economic Inequality<\/a>] [NBER WP<\/a>] [Olin Center WP<\/a>]<\/p>\n\n\n\n Evaluating Public Goods and Regulations: Response, Journal of Economic Perspectives<\/em>, vol. 19, no. 4, 233-234. (2005).<\/p>\n\n\n\n Families, Tax Treatment of, in Textbooks<\/h3>\n\n\n\n
Antitrust Analysis, <\/em>7th Edition (2013)
Antitrust Analysis<\/em>, 6th Edition (2004)
Antitrust Analysis<\/em>, 5th Edition (1997)
Antitrust Analysis<\/em>, 4th Edition (1988)<\/p>\n\n\n\n
Analytical Methods for Lawyers<\/em>, 2nd edition (2011)
Analytical Methods for Lawyers<\/em>, 1st edition (2003)<\/p>\n\n\n\n
Contracting<\/em> (2004) [Amazon (purchase)<\/a>]
Microeconomics<\/em> (2004) [Amazon (purchase)<\/a>]<\/p>\n\n\n\nJournal Articles, Book Chapters, and Encyclopedia Entries<\/h2>\n\n\n\n