Improving Economic Analysis in Merger Guidelines

[Symposium: The 2023 Merger Guidelines and Beyond]

By Louis Kaplow

Journal of Economic Perspectives, Winter 2025

Merger review should reflect basic precepts of decision analysis, best practices in industrial organization economics, and teachings from related fields. Unfortunately, the analytical methods in modern merger guidelines fall short. Protocols violate stand...

Acquisitions to Enter New Markets

[Symposium: The 2023 Merger Guidelines and Beyond]

By Carl Shapiro

Journal of Economic Perspectives, Winter 2025

How should antitrust enforcers treat acquisitions by successful firms to enter new markets? Should a major pharmaceutical company with an extensive sales and distribution network be permitted to acquire a popular drug that does not compete against any of ...

The 2023 Merger Guidelines and the Arc of Antitrust History

[Symposium: The 2023 Merger Guidelines and Beyond]

By Daniel Francis

Journal of Economic Perspectives, Winter 2025

In 2023, the federal antitrust agencies rewrote the nation's flagship merger policy document, as part of a broader "Neo-Brandeisian" effort to bring about a deep reform of the antitrust system. The result—the 2023 Merger Guidelines—has been highly con...

Philipp Strack, 2024 Clark Medalist

By Drew Fudenberg

Journal of Economic Perspectives, Winter 2025

The 2024 John Bates Clark Medal of the American Economic Association was awarded to Philipp Strack, Professor of Economics at Yale University, for his pathbreaking contributions to the study of individual decision making, which have introduced new techniq...

Tax Privacy

By Joel Slemrod

Journal of Economic Perspectives, Winter 2025

Implementing an equitable and efficient tax system requires that the government have access to certain information about taxpayers. If the demand for privacy implies limiting government's access to relevant information, it constrains the extent to which a...

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Winter 2025

Front Matter

Journal of Economic Perspectives, Winter 2025

Print on Demand for AEA Journals

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US health insurance, the Nobel prize, and cashless payment systems

[News]

February 04, 2025

Reading recommendations from Timothy Taylor, managing editor of the Journal of Economic Perspectives"

Media Coverage of Immigration and the Polarization of Attitudes

By Sarah Schneider-Strawczynski and Jérôme Valette

American Economic Journal: Applied Economics, January 2025

This paper investigates the effect of media coverage on immigration attitudes. It combines data on immigration coverage in French television with individual panel data from 2013 to 2017 that records respondents' preferred television channel and attitudes ...

Reports and Publications

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Call for Papers and Other Announcements

[News]

February 25, 2025

View the AEA Member Announcement from February 25, 2025.

Regulation and conglomerate production

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The response of major Chinese companies to stringent energy use regulations

Media salience and polarization

[Research Highlight]

February 18, 2025

Sarah Schneider-Strawczynski discusses how increased media coverage can polarize the views of moderate individuals.

The Simpler the Better? Threshold Effects of Energy Labels on Property Prices and Energy Efficiency Investments

By Rodolfo Sejas-Portillo, Mirko Moro, and Till Stowasser

American Economic Journal: Applied Economics, January 2025

Using British data on over 7 million residential property sales, we find that simplified energy efficiency (EE) information leads to important market effects. UK legislation requires the use of an energy label that shows an EE rating score (1–100) mappe...

ASSA 2015 Webcast: A Discussion of Thomas Piketty's "Capital in the 21st Century"

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A Discussion of Thomas Piketty's "Capital in the 21st Century", January 3, 2015 Presiding: N. Gregory Mankiw Capital and Wealth in the 21st Century David N. Weil Capital Taxation in the 21st Century Alan J. Auerbach and Kevin Hassett Yes, r>g. So what? N. Gregory Mankiw About Capital in the 21st Century Thomas Piketty

ASSA 2015 Webcast: Measuring and Changing Cognitive and Biological Processes in Economic Choice: Why and How (Tutorial Lecture)

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Measuring and Changing Cognitive and Biological Processes in Economic Choice: Why and How (Tutorial Lecture) Colin Camerer, introduced by Richard Thaler

ASSA 2015 Webcast: AEA Presidential Address: Climate Clubs

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AEA Presidential Address: Climate Clubs William Nordhaus, introduced by Richard Thaler

ASSA 2015 Webcast: AEA Distinguished Lecture "Behavioral Economics and Public Policy"

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AEA Distinguished Lecture "Behavioral Economics and Public Policy" Raj Chetty, introduced by Richard Thaler

ASSA 2015 Webcast: AEA/AFA Joint Luncheon: Dark Corners: Reassessing Macroeconomics after the Crisis

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AEA/AFA Joint Luncheon: Dark Corners: Reassessing Macroeconomics after the Crisis Olivier Blanchard, introduced by Richard Thaler