News

Alissa Cooper and Zander Arnao argue that a lack of competition in social media has allowed dominant platforms to design algorithms to maximize for...

Media pluralism is a core democratic value in Europe. Upholding it requires that media concentration is scrutinized beyond its impact on competition in the traditional economic formulation. By addressing the challenges posed by dominant media players and fostering a diverse information ecosystem, Europe aims to uphold media plurality as a democratic value and ensure that citizens can engage in informed decision-making. From this angle, the European approach to protecting media pluralism might offer an interesting comparative  perspective for the United States debate, write Maciej Bernatt and Marta Sznajder.

New research by Sam Peltzman finds that married individuals consistently report significantly higher happiness levels than unmarried individuals across all demographics. Using five decades...

The United States President has halted plans for a central bank digital currency: a mere show of strength to undermine the Fed’s independence, writes...

In new research, Jitendra Aswani and Roberto Rigobon find that investments raised on sustainable bond markets force firms to make material changes to corporate...

The following is an excerpt from Yoni Appelbaum’s new book, “STUCK: How the Privileged and the Propertied Broke the Engine of American Opportunity,” now out...

A new study by Zwetelina Iliewa, Elisabeth Kempf and Oliver G. Spalt finds that Americans often prioritize moral values over financial gains when evaluating...

ProMarket’s Special Interest newsletter is evolving to better support scholars in our community. The weekly update will now feature curated academic opportunities and highlight...

In new research, Ryan Stones revisits the alleged disagreement between two influential schools of antitrust on how to handle big businesses. Instead of finding contrasting policy recommendations, he highlights a strikingly similar relaxation of attitudes toward enforcement in the Chicago School and Ordoliberalism in the post-war period.

Many asset managers have stopped offering funds supporting environmental, social, and governance (ESG) goals in the face of political backlash. In new research, Omar Vasquez Duque shows that much of this backlash is due to semantics and poor fund design, and that investors across the political spectrum are willing to take lower financial returns to support specific goals under the ESG label.