Anat Admati
Anat R. Admati is the George G.C. Parker Professor of Finance and Economics at Stanford University Graduate School of Business (GSB), a Director of the GSB Corporations and Society Initiative, and a senior fellow at Stanford Institute for Economic Policy Research. She is an economist with broad cross-disciplinary interests in the interactions between business, law and policy, and an advocate for better governance and accountability in the private sector and in government. She is also the author of The Bankers’ New Clothes: What’s Wrong with Banking and What to Do About It (Princeton University Press, 2013).
Corporate Governance
George Stigler and the Challenge of Democracy
We are all victims of what George Stigler described as “the pervasive use of state support of special groups” and of governance...
Friedman 50 Years Later
Milton Friedman and the Need for Justice
Milton Friedman predicated his shareholder value maximization credo on the strong implicit and explicit assumptions that the rules of society protect stakeholders...
Academic Capture
Political Economy, Blind Spots, and a Challenge to Academics
Anat Admati calls on economists and academics to engage with governance and political economy issues, scrutinize models before applying them to the real world,...
Latest news
Antitrust and Competition
When Do Users Benefit From Platform Mergers?
A new paper shows that platform mergers can harness network effects at the cost of reducing the platform differentiation that users value.
Economic History Series
Harold Demsetz and Israel Kirzner Understood That Competition Regulates Markets
Economists Harold Demsetz and Israel Kirzner challenged the prevailing orthodoxy in microeconomic analysis and public policy beginning with their respective work in...
Antitrust and Competition
The Covid-19 Pandemic Should Not Delay Actions to Prevent Anticompetitive Consolidation in US Health Care Markets
Harvard Business School professor Leemore Dafny lays out potential reforms to assist agencies in halting anticompetitive acquisitions and practices, and to preserve...
Antitrust and Competition
Who Benefits From Competitive State-Level Legislatures?
A new paper finds that when interparty competition in state legislatures is high, well-connected and influential incumbent firms are best able to...
Corporate Governance
No More “Mystery Meat”: Why We Need Better Corporate Governance Data
Three decades of finance, economics, and legal studies in corporate governance have been built substantially on data sets with nearly unknown provenance....
Economic History Series
How Protests Against the Jim Crow Credit Market Changed the Civil Rights Movement
Before the civil rights movement captured the nation’s attention, activists and community groups were protesting against exploitative credit and exclusionary lending practices...
Corporate Governance
George Stigler and the Challenge of Democracy
We are all victims of what George Stigler described as “the pervasive use of state support of special groups” and of governance...
