Aaron Edlin is a leading expert in economics and law, specializing in antitrust economics and antitrust law, and is the co-founder of the Berkeley Electronic Press. He has taught at Berkeley since 1993 and received tenure in 1997. He now holds the Richard Jennings Chair and professorships in both the economics department and law school. He served as Senior Economist at the Council of Economic Advisers in the Clinton White House covering industrial organization, regulation and antitrust. He is co-author with P. Areeda & L. Kaplow of one of the leading casebooks on antitrust; he has also published many articles on industrial organization, competition policy, antitrust law, and a variety of other issues in economics, law and public policy. He received his Ph.D. and J.D. from Stanford, 1993; AB Summa Cum Laude from Princeton, 1988.
Antitrust, Industrial Organization, and Competition Policy
Expert's Testimony on Antitrust before the U.S. Dept. of Justice & Federal Trade Commission Hearings, U.S. Dept. of Justice, Antitrust Division, Academic Hearings Transcripts (2007)
A Christmas Warning, Economists' Voice (2007)
Microsoft continues to profit at its users expense by creating incompatibilities. Think twice before asking...
Professor's Update 2007 to Antitrust Analysis: Problems, Text and Cases (2007)
The Supreme Court has been active in antitrust in recent years.
Auto Insurance and Auto Accidents
Externalities and Pay as You Drive Auto Insurance, California Department of Insurance Workshop on Pay-As-You-Drive Auto Insurance (2008)
Externalities from Auto Accidents and Auto Driving justify mandates of Pay-As-You-Drive Auto Insurance.
If Voters Won't Go for Taxing Oil to Conserve Energy, How Do We Do It?, The Economists' Voice (2006)
Proposition 87 reemphasized that Americans don't want the cost of driving to increase: Aaron Edlin...
The Accident Externality from Driving (with Pinar Karaca Mandic), Journal of Political Economy (2006)
We estimate auto accident externalities (more specifically insurance externalities) using panel data on state-average insurance...
Per-Mile Premiums for Auto Insurance, Economics for an Imperfect World: Essays In Honor of Joseph Stiglitz (2003)
How a New Auto Insurance Law Could Ease Our Dependence on Oil, by Giving Drivers a Choice, FindLaw (2002)
Contract Law and Contract Theory
Optimal Penalties in Contracts (with Alan Schwartz), Chicago-Kent Law Review (2003)
Reviews the literature on breach of contract and contract penalties and presents in a coherent...
The American Airlines Case: A Chance to Clarify Predation Policy (with Joseph Farrell), The Antitrust Revolution (2002)
Implementing the First Best in an Agency Relationship with Renegotiation: A Corrigendum (with Benjamin Hermalin), Econometrica (2001)
The proof in Proposition 4 in Hermalin and Katz (1991) is incorrect because it fails...
Contract Renegotiation and Options in Agency Problems (with Benjamin E. Hermalin), Journal of Law, Economics and Organization (2000)
This article discusses the ability of an agent and a principal to achieve the first-best...
Market-based Transfer Prices and Intracompany Discounts (with Tim Baldenius and Stefan Reichelstein) (1999)
Economic Theory
Expert's Testimony on Antitrust before the U.S. Dept. of Justice & Federal Trade Commission Hearings, U.S. Dept. of Justice, Antitrust Division, Academic Hearings Transcripts (2007)
Mixed Equilibria are Unstable in Games of Strategic Complements (with Federico Echenique), Journal of Economic Theory (2004)
In games with strict strategic complementaries, properly mixed Nash equilibria - equilibria that are not...
Forward Discount Bias, Nalebuff's Envelope Puzzle, and the Siegel Paradox in Foreign Exchange, Topics in Theoretical Economics (2002)
The bias of forward exchange rates as a predictor of future spot rates is typically...
How a New Auto Insurance Law Could Ease Our Dependence on Oil, by Giving Drivers a Choice, FindLaw (2002)
International Economics
The Economists’ Voice: Top Economists Take on Today’s Issues (with J. Bradford Delong and Joseph Stiglitz) (2008)
Forward Discount Bias, Nalebuff's Envelope Puzzle, and the Siegel Paradox in Foreign Exchange, Topics in Theoretical Economics (2002)
The bias of forward exchange rates as a predictor of future spot rates is typically...
Law and Economics
Voting as a Rational Choice: Why and How People Vote to Improve the Well-Being of Others (with Andrew Gelman and Noah Kaplan), Rationality and Society (2007)
For voters with "social" preferences, the expected utility of voting is approximately independent of the...
A Christmas Warning, Economists' Voice (2007)
Microsoft continues to profit at its users expense by creating incompatibilities. Think twice before asking...
If Voters Won't Go for Taxing Oil to Conserve Energy, How Do We Do It?, The Economists' Voice (2006)
Proposition 87 reemphasized that Americans don't want the cost of driving to increase: Aaron Edlin...
The Accident Externality from Driving (with Pinar Karaca Mandic), Journal of Political Economy (2006)
We estimate auto accident externalities (more specifically insurance externalities) using panel data on state-average insurance...
The Choose-your-Charity Tax: A Way to Incentivize Greater Giving, The Economists' Voice (2005)
Why don’t people give more to charity? One reason is that the problems will be...
Public Finance/Public Economies
Voting as a Rational Choice: Why and How People Vote to Improve the Well-Being of Others (with Andrew Gelman and Noah Kaplan), Rationality and Society (2007)
For voters with "social" preferences, the expected utility of voting is approximately independent of the...
If Voters Won't Go for Taxing Oil to Conserve Energy, How Do We Do It?, The Economists' Voice (2006)
Proposition 87 reemphasized that Americans don't want the cost of driving to increase: Aaron Edlin...
The Accident Externality from Driving (with Pinar Karaca Mandic), Journal of Political Economy (2006)
We estimate auto accident externalities (more specifically insurance externalities) using panel data on state-average insurance...
The Choose-your-Charity Tax: A Way to Incentivize Greater Giving, The Economists' Voice (2005)
Why don’t people give more to charity? One reason is that the problems will be...
Torts
If Voters Won't Go for Taxing Oil to Conserve Energy, How Do We Do It?, The Economists' Voice (2006)
Proposition 87 reemphasized that Americans don't want the cost of driving to increase: Aaron Edlin...
The Accident Externality from Driving (with Pinar Karaca Mandic), Journal of Political Economy (2006)
We estimate auto accident externalities (more specifically insurance externalities) using panel data on state-average insurance...