Brian Albrecht
@briancalbrecht.bsky.social
Applied economic theorist: competition and information. Chief Economist @LawEconCenter Price Theory Newsletter http://pricetheory.substack.com.
When I think, “what countries policies should we emulate?” I definitely think The Bahamas and Sudan www.fraserinstitute.org/sites/defaul...
August 20, 2025 at 1:46 AM
When I think, “what countries policies should we emulate?” I definitely think The Bahamas and Sudan www.fraserinstitute.org/sites/defaul...
I'm once again asking people to read what I actually wrote www.economicforces.xyz/p/congestion...
January 10, 2025 at 3:21 PM
I'm once again asking people to read what I actually wrote www.economicforces.xyz/p/congestion...
I acknowledge that issue. I don't think anything changes because of that. Unless you want to assume the optimal amount of driving is zero.
January 9, 2025 at 6:48 PM
I acknowledge that issue. I don't think anything changes because of that. Unless you want to assume the optimal amount of driving is zero.
When you buy a product, you pay twice:
1. Money to the company
2. Time to actually use it
Most economics ignores #2.
With Tom Phelan and Nick Pretnar, we show how this consumer time use changes markups, firm entry, and efficiency. 🧵 www.briancalbrecht.com/Albrecht_Phe...
1. Money to the company
2. Time to actually use it
Most economics ignores #2.
With Tom Phelan and Nick Pretnar, we show how this consumer time use changes markups, firm entry, and efficiency. 🧵 www.briancalbrecht.com/Albrecht_Phe...
January 8, 2025 at 5:57 PM
When you buy a product, you pay twice:
1. Money to the company
2. Time to actually use it
Most economics ignores #2.
With Tom Phelan and Nick Pretnar, we show how this consumer time use changes markups, firm entry, and efficiency. 🧵 www.briancalbrecht.com/Albrecht_Phe...
1. Money to the company
2. Time to actually use it
Most economics ignores #2.
With Tom Phelan and Nick Pretnar, we show how this consumer time use changes markups, firm entry, and efficiency. 🧵 www.briancalbrecht.com/Albrecht_Phe...
The C&S divestiture was always a key part of whether this deal would go through. If Kroger really just ignored concerns, that's not a good strategy.
www.washingtonpost.com/business/202...
www.washingtonpost.com/business/202...
December 11, 2024 at 3:37 PM
The C&S divestiture was always a key part of whether this deal would go through. If Kroger really just ignored concerns, that's not a good strategy.
www.washingtonpost.com/business/202...
www.washingtonpost.com/business/202...
*Economists looking for a clean diff-in-diff*
November 29, 2024 at 11:50 AM
*Economists looking for a clean diff-in-diff*
This is the important added context
November 26, 2024 at 3:27 PM
This is the important added context
My advise on tariffs
1. Don't tax intermediate goods
2. Don't tax everything under the sun
www.ft.com/content/d950...
1. Don't tax intermediate goods
2. Don't tax everything under the sun
www.ft.com/content/d950...
November 26, 2024 at 1:31 PM
My advise on tariffs
1. Don't tax intermediate goods
2. Don't tax everything under the sun
www.ft.com/content/d950...
1. Don't tax intermediate goods
2. Don't tax everything under the sun
www.ft.com/content/d950...
Going back to the base to explain the US-Mexico-Canada agreement exists
November 26, 2024 at 2:10 AM
Going back to the base to explain the US-Mexico-Canada agreement exists
I think this is what we call "beyond parody"
November 24, 2024 at 11:04 PM
I think this is what we call "beyond parody"
“Substance Over Slogans: Strengthening the Foundations of Antitrust”
Join us in Paris on Jan. 17, 2025, for an incredible event!
laweconcenter.org/events/subst...
Join us in Paris on Jan. 17, 2025, for an incredible event!
laweconcenter.org/events/subst...
November 21, 2024 at 8:41 PM
“Substance Over Slogans: Strengthening the Foundations of Antitrust”
Join us in Paris on Jan. 17, 2025, for an incredible event!
laweconcenter.org/events/subst...
Join us in Paris on Jan. 17, 2025, for an incredible event!
laweconcenter.org/events/subst...
Prospect theory is wrong as a theory of choice between lotteries. And we've already had the evidence for decades!
A new paper by Bouchouicha, Oprea, Vieider, and Wu shows how.
Basically, everyone assume valuation experiments were just like choice experiments www.dropbox.com/scl/fi/y0spy...
A new paper by Bouchouicha, Oprea, Vieider, and Wu shows how.
Basically, everyone assume valuation experiments were just like choice experiments www.dropbox.com/scl/fi/y0spy...
November 20, 2024 at 12:08 PM
Prospect theory is wrong as a theory of choice between lotteries. And we've already had the evidence for decades!
A new paper by Bouchouicha, Oprea, Vieider, and Wu shows how.
Basically, everyone assume valuation experiments were just like choice experiments www.dropbox.com/scl/fi/y0spy...
A new paper by Bouchouicha, Oprea, Vieider, and Wu shows how.
Basically, everyone assume valuation experiments were just like choice experiments www.dropbox.com/scl/fi/y0spy...
Economic Forces is free to read. You don’t have to keep making these mistakes www.economicforces.xyz/p/dont-ask-p...
November 18, 2024 at 12:49 PM
Economic Forces is free to read. You don’t have to keep making these mistakes www.economicforces.xyz/p/dont-ask-p...
Yesterday’s WaPo oped on inflation is completely confused.
E.g. pic 1: thats exactly what we’d see from a demand increase too
Pic 2: No. The price level would be higher, not permanent inflation. In fact, we’d see deflation if it was all supply www.washingtonpost.com/opinions/202...
E.g. pic 1: thats exactly what we’d see from a demand increase too
Pic 2: No. The price level would be higher, not permanent inflation. In fact, we’d see deflation if it was all supply www.washingtonpost.com/opinions/202...
November 18, 2024 at 12:43 PM
Yesterday’s WaPo oped on inflation is completely confused.
E.g. pic 1: thats exactly what we’d see from a demand increase too
Pic 2: No. The price level would be higher, not permanent inflation. In fact, we’d see deflation if it was all supply www.washingtonpost.com/opinions/202...
E.g. pic 1: thats exactly what we’d see from a demand increase too
Pic 2: No. The price level would be higher, not permanent inflation. In fact, we’d see deflation if it was all supply www.washingtonpost.com/opinions/202...
Politicians have turned their backs on economics, but economic forces haven't changed.
My list of eight core economic insights about policy—not partisan talking points, but hard-won lessons about how people and markets respond to incentives. www.economicforces.xyz/p/economics-...
My list of eight core economic insights about policy—not partisan talking points, but hard-won lessons about how people and markets respond to incentives. www.economicforces.xyz/p/economics-...
November 14, 2024 at 1:49 PM
Politicians have turned their backs on economics, but economic forces haven't changed.
My list of eight core economic insights about policy—not partisan talking points, but hard-won lessons about how people and markets respond to incentives. www.economicforces.xyz/p/economics-...
My list of eight core economic insights about policy—not partisan talking points, but hard-won lessons about how people and markets respond to incentives. www.economicforces.xyz/p/economics-...
When I get my first invite code
May 17, 2023 at 5:55 PM
When I get my first invite code
Yesterday I gave a talk at my alma mater, St Olaf. It was a blast to talk with the faculty and students.
Plus I got to check out the new football facilities, modest by D1 standards but extravagant compared to my time.
Plus I got to check out the new football facilities, modest by D1 standards but extravagant compared to my time.
May 9, 2023 at 12:19 PM
Yesterday I gave a talk at my alma mater, St Olaf. It was a blast to talk with the faculty and students.
Plus I got to check out the new football facilities, modest by D1 standards but extravagant compared to my time.
Plus I got to check out the new football facilities, modest by D1 standards but extravagant compared to my time.
Flipping between Twitter, Bluesky, Notes, Slack, Discord, instead of working
May 4, 2023 at 3:09 PM
Flipping between Twitter, Bluesky, Notes, Slack, Discord, instead of working
