Author name: Michael Giberson

A Triple-Dividend from Pigovian Gasoline Taxation?

Michael Giberson Evan Turgeon, a lawyer working for the Cato Institute, has an article on gasoline taxation in the Journal of Land, Resources & Environmental Law: “Triple-Dividends: Toward Pigovian Gasoline Taxation.” The “triple dividends” asserted are benefits to the U.S. domestic economy, the national security outlook, and the environment. In general the idea is that if …

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Bainbridge’s Broad Brush Criticisms on Empirical Legal Studies Slams All Interdisciplinary Legal Work

Michael Giberson Criticisms of the growing field of empirical legal studies by UCLA law professor  Stephen Bainbridge were issued in such broad brush strokes that he ended up blasting just about every law academic engaged in any sort of interdisciplinary work, especially so if the academic seeks to examine data of some sort. The main …

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Singing About Pricing (Is It, Too, Like Dancing About Architecture?)

Michael Giberson At Knowing and Making, Leigh Caldwell writes about “a charming pop song by the delightful young artist Jessie J” about “the important and neglected issue of pricing.” Initially he is pleased with the song, but ultimately “his faith in humanity is shaken. Shattered, in fact.” A great deal of drama for a short …

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New York Times Article Advances Public View of Environmental Issues Surrounding Hydrofracking

Michael Giberson At first it seemed like just another newspaper article on the potential environmental dangers of fracking to produce natural gas from shale, but on second look there is something new in the New York Times article, “Regulation Lax as Gas Wells’ Tainted Water Hits Rivers.” Most such stories, and much of the public’s …

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Faruqui and Toney Debate Smart Meters and Dynamic Pricing

Michael Giberson Dr. Ahmad Faruqui of The Brattle Group and Dr. Mark Toney of TURN discuss dynamic pricing for retail electric customers in a February 17, 2011 event in San Francisco. Part 1: [vimeo 20206833 w=600&h=400] Part 2 Q&A: [vimeo 20216539 w=600&h=400] I’ve only had time to watch a bit of this, but with Faruqui and Toney …

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Zone Pricing Ban Proposal Advances in Connecticut, Zone Price Ban Law in New York Still Not Working

Michael Giberson Gasoline consumers in well-off Fairfield County, CT, pay gasoline prices that tend to be higher than prices in the rest of the state. The consumers don’t like it. State legislators representing the region believe the issue is “zone pricing,” a practice by gasoline wholesalers which sets wholesale prices to different levels in different …

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Streetwise Professor: Bootleggers and Baptists in Russia

Michael Giberson Craig Pirrong, blogging at Streetwise Professor, posts “Bug or Feature?, or Bootleggers and Baptists Go To Russia.” I have been told by people who were involved in the “gaming industry” in Russia pre-ban that even legal operations had to pay to survive.  But “banning” the activity only enhances the authorities’ opportunities for personal …

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Another Court Dismisses Price Fixing, Price Gouging Claims Against Martha’s Vineyard Gasoline Retailers

Michael Giberson The Martha’s Vineyard Times: A panel of judges sitting in the federal First Circuit Court of Appeals has upheld a lower court ruling that gasoline prices on Martha’s Vineyard have not been illegally inflated by a conspiracy among retailers, according to a report by “The Docket,” the news blog of Massachusetts Lawyers Weekly. …

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