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Research

Covid-19

Regulators Should Keep a Close Eye on the Little Guys in the Race for a Covid-19 Vaccine

Jérôme Adda
As the race to find a Covid-19 vaccine or treatment rages on, many have raised concerns over trustworthiness of clinical research and questioned whether...
News

Pursuing Stakeholder Capitalism Is an Impossible Task When Stakeholders Have Different Beliefs

Marc Painter
Can companies really attempt to benefit all stakeholders, when stakeholders rarely agree on the best course of action? A new study examines Walmart’s 2019...

The Illusory Promise of “Stakeholderism”: Why Embracing Stakeholder Governance Would Fail Stakeholders

Lucian Bebchuk
Stakeholderism—granting corporate leaders discretion to give weight to the interest of all stakeholders—should not be expected to deliver its purported benefits to stakeholders. Furthermore,...
Antitrust and Competition

Competition in Digital Markets: What Have We Learned So Far?

Filippo Lancieri
A new Stigler Center working paper systematically analyzed and summarized 21 reports issued by 17 antitrust authorities and expert panels on the subject of...
Covid-19

Social Distancing Laws Cause Only Small Losses of Economic Activity: Scandinavian Countries as a Case Study

Adam Sheridan
A new study compares the economic performance of Sweden, which avoided a government-mandated shutdown and allowed businesses to operate freely during the Covid-19 pandemic,...
Antitrust and Competition

When Big Tech Firms Buy Startups, Antitrust Enforcers Should Take Notice

Michael L. Katz
A frequent argument made in favor of allowing Big Tech firms to acquire smaller firms is that permissive merger policy promotes innovative entry. A...
Covid-19

The Persuasive Effect of Fox News: How Increases in Fox News Viewership Reduced Compliance With Social Distancing Guidelines

Jean-Pierre Dubé
Using zip-code level data on Fox News viewership and individual cellphone movement data, a recent study finds that increasing the local viewership of Fox...
Income Inequality

Police Stops of Black Drivers Increase Following Trump Rallies, New Study Suggests 

Pauline Grosjean
A new study looks into how Trump's 2016 presidential campaign affected police behavior toward Black Americans and finds that the probability that a Black...
ESG, Corporate Governance & Future of the Firm

How Hedge Fund Performance Fees Fail Investors

Itzhak Ben-David
In the hedge fund industry, there is a material disconnect between funds’ lifetime performance and lifetime incentive fees for managers. A new study analyzes...
ESG, Corporate Governance & Future of the Firm

Do People Think Finance Benefits Society?

Manish Jha
A new paper seeks to measure popular sentiment toward finance based on mentions of “finance” in millions of books, spanning eight languages and hundreds...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.