Richard O. Zerbe

University of Washington - Daniel J. Evans School of Public Affairs

Professor of Public Affairs, Adjunct Professor of Law, Editor, Research in Law and Economics

Box 353055

Seattle, WA 98125

United States

University of Washington - School of Law

William H. Gates Hall

Box 353020

Seattle, WA 98105-3020

United States

  • University of Washington - Daniel J. Evans School of Public Affairs

    • Email
    • Tel: 206-616-5470
SCHOLARLY PAPERS

38

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Scholarly Papers (38)

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1.

The Failure of Market Failure

Journal of Policy Analysis and Management: Vol 18, No 4, 558-578, 1999
Number of pages: 21 Posted: 16 Jul 2014
Richard O. Zerbe and Howard E. McCurdy
University of Washington - Daniel J. Evans School of Public Affairs and American University
Downloads 528 (75,221)
Citation 3

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2.

The Path to Profitability: Reinvigorating the Neglected Phase of Merger Analysis

George Mason Law Review, Vol. 17, No. 1, p. 39, 2009, Seattle University School of Law Research Paper 10-30
Number of pages: 80 Posted: 31 Mar 2007 Last Revised: 26 Oct 2010
John B. Kirkwood and Richard O. Zerbe
Seattle University School of Law and University of Washington - Daniel J. Evans School of Public Affairs
Downloads 192 (219,592)
Citation 1

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mergers, entry barriers, antitrust law

3.

Justice and the Evolution of the Common Law

Number of pages: 51 Posted: 22 Nov 2005
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 176 (236,713)

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justice, efficiency, common law, evolution, moral, Kaldor Hicks, benefit, cost

4.

An Aggregate Measure for Benefit Cost Analysis

Ecological Economics, Forthcoming
Number of pages: 24 Posted: 30 Nov 2005
Richard O. Zerbe, Yoram Bauman and Aaron Finkle
University of Washington - Daniel J. Evans School of Public Affairs, Whitman College and California State University, San Marcos - Economics
Downloads 158 (259,232)

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benefit-cost, moral sentiments, potential compensation test

5.

Trading Gains and Losses in Antitrust: Why Losses Should Count More than Gains — An Implication of Behavioral Economics for Antitrust Losses

Antitrust Bulletin, Vol. 60, No. 2, Pp. 150-67 (2015)
Number of pages: 32 Posted: 02 Jul 2015 Last Revised: 02 Jun 2016
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 128 (305,682)

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antitrust law, damages, economic efficiency, law and economics, behavioral economics, benefit-cost analysis (BCA), cost-benefit analysis (CBA), Kaldor-Hicks, Value Function, Prospect Theory

6.

The Legal Foundation of Cost-Benefit Analysis

Charleston Law Review, Vol. 2, No. 1, Pp. 93-184 (2007)
Number of pages: 92 Posted: 06 Jun 2016
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 121 (318,577)
Citation 1

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benefit-cost, analysis, cost-benefit, economic, law, CBA, Kaldor, WTP, equity, moral

7.

The Sherman Act is a No-Fault Monopolization Statute: A Textualist Demonstration

American University Law Review, Vol. 70, 2020 Forthcoming, University of Baltimore School of Law Legal Studies Research Paper Forthcoming
Number of pages: 92 Posted: 21 Apr 2020 Last Revised: 21 Apr 2021
Robert H. Lande and Richard O. Zerbe
University of Baltimore - School of Law and University of Washington - Daniel J. Evans School of Public Affairs
Downloads 119 (322,260)

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monopoly, monopolize, monopolization, no-fault, no-fault monopolization, attempted monopolization, textualism, textualist, Sherman Act, Section 2, anticompetitive, dominant firm, high tech, high tech monopoly, high tech platform, digital platform, antitrust, Facebook, Scalia, Google

8.

Should Moral Sentiments Be Incorporated into Benefit-Cost Analysis? An Example of Long-Term Discounting

Policy Sciences, Forthcoming
Number of pages: 20 Posted: 09 Jun 2005
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 109 (342,555)
Citation 1

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Benefit-cost analysis, cost-benefit analysis, moral sentiments, discount rates, moral harm, Kaldor-Hicks

9.

(Almost) Everybody Wins: A True Pareto Justification for Practical Welfare Economics and Benefit-Cost Analysis

Number of pages: 34 Posted: 15 Jul 2014
Richard O. Zerbe and Tyler Scott
University of Washington - Daniel J. Evans School of Public Affairs and University of Washington
Downloads 98 (367,607)
Citation 1

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10.

Climate Change Common Law Nuisance Suits: A Legal-Efficiency Analysis

Environmental Law, Forthcoming
Number of pages: 18 Posted: 20 Aug 2019
Victor Byers Flatt and Richard O. Zerbe
University of Houston Law Center and University of Washington - Daniel J. Evans School of Public Affairs
Downloads 96 (372,331)

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climate, climate change, climate change litigation, nuisance, common law, economic efficiency, strict liability, regulation, pre-emption

11.

Calculating the Social Opportunity Cost Discount Rate

Journal of Benefit-Cost Analysis: Vol. 2: Iss. 3, Article 8, 2011
Number of pages: 10 Posted: 15 Jul 2014
David Burgess and Richard O. Zerbe
University of Western Ontario and University of Washington - Daniel J. Evans School of Public Affairs
Downloads 92 (382,372)
Citation 1

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discount rate, benefit-cost, economics

12.

Appropriate Discounting for Benefit-Cost Analysis

Journal of Benefit-Cost Anlaysis: Vol. 2: Iss. 2, Article 2, 2011
Number of pages: 20 Posted: 15 Jul 2014
David Burgess and Richard O. Zerbe
University of Western Ontario and University of Washington - Daniel J. Evans School of Public Affairs
Downloads 86 (398,528)
Citation 1

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Discount rate, benefit-cost, economics

13.

Anticonsumer Effects of Union Mergers: An Antitrust Solution

Duke Law Journal, Vol. 46, p. 197, 1996, University of Baltimore School of Law Legal Studies Research Paper
Number of pages: 37 Posted: 19 May 2008 Last Revised: 04 Oct 2016
Robert H. Lande and Richard O. Zerbe
University of Baltimore - School of Law and University of Washington - Daniel J. Evans School of Public Affairs
Downloads 56 (499,418)

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Antitrust, Unions, Mergers, Consumers, Consumer Protection

14.

Well-Defined Economic Efficiency and the Common Law: The Rise, Fall and Rebirth of Economic Efficiency Applied to Law

Number of pages: 27 Posted: 12 Jun 2019 Last Revised: 15 Jun 2019
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 54 (507,619)
Citation 2

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efficiency, common law, well-defined efficiency

15.

The Law And Economics Of Cannibalism: The Limits Of Valuation Criteria And Benefit-Cost Analysis

Number of pages: 21 Posted: 11 Dec 2019
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 51 (520,598)

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16.

Ronald Coase, The British Tradition, and The Future of Economic Method

Steven G. Medema, ed., Coasean Economics: Law and Economics and the New Institutional Economics (Boston: Kluwer Academic Publishers, 1997), pp. 209-38
Number of pages: 31 Posted: 07 Jul 2015
Richard O. Zerbe and Steven G. Medema
University of Washington - Daniel J. Evans School of Public Affairs and Duke University - Department of Economics
Downloads 49 (529,440)
Citation 3

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Coase, Coasean, Coasian, W.A.S. Hewins, economic theory, institutions, methodology

17.

An Empirical and Theoretical Comparison of Alternative Predation Rules

Texas Law Review, Vol. 61, No. 4, Pp. 655-715, 1982
Number of pages: 62 Posted: 17 Sep 2021
Richard O. Zerbe and Donald Cooper
University of Washington - Daniel J. Evans School of Public Affairs and Independent
Downloads 36 (594,591)

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antitrust, competition law

18.

Culture and Fairness in the Development of Institutions in the California Gold Fields

Journal of Economic History, 61, pp 114-143, 2001
Number of pages: 30 Posted: 16 Jul 2014
Richard O. Zerbe and C. Leigh Anderson
University of Washington - Daniel J. Evans School of Public Affairs and University of Washington - Daniel J. Evans School of Public Policy and Governance
Downloads 29 (636,803)
Citation 3

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19.

Ethical Benefit Cost Analysis as Art and Science: Ten Rules for Benefit-Cost Analysis

Downloads 26 (657,288)

Ethical Benefit Cost Analysis as Art and Science: Ten Rules for Benefit-Cost Analysis

Evans School of Public Affairs Working Paper No. 2008-06
Number of pages: 41 Posted: 16 Jul 2014
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 21 (716,897)

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Benefit-cost analysis

Ethical Benefit-Cost Analysis as Art and Science - Ten Rules for Benefit-Cost Analysis

University of Pennsylvania Journal of Law & Social Change, Vol. 12, No. 1, Pp. 73-106 (2009), Evans School of Public Affairs Working Paper No. 2008-06, Reprinted (with minor edits) in Principles and Standards for Benefit-Cost Analysis (Scott Farrow & Richard O. Zerbe eds., Edward Elgar Publishing, 2013), pp. 264-93
Number of pages: 33 Posted: 18 Feb 2022 Last Revised: 01 Mar 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 5 (875,527)

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benefit-cost analysis, cost-benefit analysis. ethics, public policy

20.

An Aggregate Measure for Benefit-Cost Analysis

Ecological Economics, Vol. 58, 2006
Number of pages: 13 Posted: 15 Jul 2014
Richard O. Zerbe, Yoram Bauman and Aaron Finkle
University of Washington - Daniel J. Evans School of Public Affairs, Sightline Institute and Willamette University
Downloads 23 (679,344)

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Benefit-cost, Moral sentiments, Potential compensation test

21.

Is There Cultural Progress?

C. Leigh Anderson & Janet W. Looney, eds., Making Progress: Essays in Progress & Public Policy (Lanham, MD: Lexington Books, 2002), pp. 191-217.
Number of pages: 29 Posted: 12 Jul 2015
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 21 (694,890)

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cultural progress, cultural diversity, cultural anthropology, cultural relativism, cooperative ability, empathy, cooperation

22.

Benefits and Costs of Intensive Foster Care Services: The Casey Family Programs Compared to State Services

Contemporary Economic Policy, 2009, DOI: 10.1111/j.1465-7287.2008.00136.x
Number of pages: 13 Posted: 16 Jul 2014
Richard O. Zerbe, Robert D. Plotnick, Ronald C. Kessler, Peter J. Pecora, Eva Hiripi, Kirk O'Brien, Jason Williams, Diana English and James White
University of Washington - Daniel J. Evans School of Public Affairs, University of Washington - Daniel J. Evans School of Public Policy and Governance, Harvard Medical School, University of Washington, University of Heidelberg - German Cancer Research Center, Casey Family Programs, University of Alaska Anchorage, University of Washington and Portland State University
Downloads 18 (718,671)

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23.

Can Law and Economics Stand the Purchase of Moral Satisfaction?

Richard O. Zerbe (2002), Can law and economics stand the purchase of moral satisfaction?, in Timothy Swanson (ed.) An Introduction to the Law and Economics of Environmental Policy: Issues in Institutional Design (Research in Law and Economics, Volume 20), Emerald Group Publishing Limited, pp.135-172
Number of pages: 45 Posted: 17 Jul 2014
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 17 (727,094)

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economic efficiency, Kaldor Hicks, potential compensation, discount rates, compensation, standing

24.

A Preference for an Aggregate Measure: A Reply to Sagoff

Ecological Economics, Vol. 60, 2006
Number of pages: 3 Posted: 16 Jul 2014
Richard O. Zerbe, Yoram Bauman and Aaron Finkle
University of Washington - Daniel J. Evans School of Public Affairs, Sightline Institute and Willamette University
Downloads 16 (735,394)

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25.

Vertical Status Seeking and Social Unrest

Number of pages: 21 Posted: 03 May 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 9 (800,608)

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social unrest, status seeking, horizontal status

26.

Status as a Cause of the United States Civil War

Number of pages: 18 Posted: 05 Mar 2022 Last Revised: 10 May 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 8 (810,758)

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status, income inequality, caste, slavery, Civil War

27.

The Rewards of a Balanced Culture

Number of pages: 18 Posted: 29 Mar 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 5 (841,826)

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vertical and horizontal status, balanced status, costs and benefits, inequality

28.

The End of Market Failure

Regulation, Vol. 23, No. 2, Pp. 10-14, 2000
Number of pages: 5 Posted: 03 Aug 2000 Last Revised: 04 Apr 2022
Richard O. Zerbe and Howard E. McCurdy
University of Washington - Daniel J. Evans School of Public Affairs and American University
Downloads 5 (841,826)

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29.

What Should Be the Return on Public Sector Investment?

Regulation, Vol. 36, No. 4, 2013-14
Number of pages: 4 Posted: 11 Apr 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 4 (853,072)

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Rate of Return, investment, government investment, cost-benefit analysis, benefit-cost analysis

30.

The Concept of Standing in Benefit-Cost Analysis

Teaching Benefit-Cost Analysis (Published by Edward Elgar; Scott Farrow, ed., 2018)
Number of pages: 10 Posted: 06 Apr 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 4 (853,072)

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31.

Benefit-Cost Analysis in the Chehalis Basin

Regulation, Vol. 36, No. 2, Pp. 20-25, 2013
Number of pages: 6 Posted: 24 May 2022
Ryan Scott, Richard O. Zerbe and Tyler Scott
University of Washington, University of Washington - Daniel J. Evans School of Public Affairs and University of Georgia
Downloads 2 (877,942)

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32.

Seattle Taxis: Deregulation Hits a Pothole

Regulation, vol. 7, no. 6, pp. 43-48 (Nov. 1983)
Number of pages: 6 Posted: 02 May 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs
Downloads 2 (877,942)

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deregulation, taxis, local government

33.

Benefits and Costs of Intensive Foster Care Services: The Casey Family Programs Compared to State Services

Contemporary Economic Policy, Vol. 27, Issue 3, pp. 308-320, July 2009
Number of pages: 13 Posted: 08 Oct 2009
Richard O. Zerbe, Robert D. Plotnick, Ronald C. Kessler, Peter J. Pecora, Eva Hiripi, Kirk O'Brien, Jason Williams, Diana English and James White
University of Washington - Daniel J. Evans School of Public Affairs, University of Washington - Daniel J. Evans School of Public Policy and Governance, Harvard Medical School, University of Washington, University of Heidelberg - German Cancer Research Center, Casey Family Programs, University of Alaska Anchorage, University of Washington and Portland State University
Downloads 2 (877,942)

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34.

Consumer's Guide to Regulatory Impact Analysis: Ten Tips for Being an Informed Policy Maker

Journal of Benefit-Cost Analysis, Vol. 8, No. 2, Pp. 187-204 (2017)
Posted: 03 Apr 2022
Susan E. Dudley, Richard B. Belzer, Glenn C. Blomquist, Timothy Brennan, Christopher Carrigan, Joseph J. Cordes, Louis Anthony (Tony) Cox, Arthur G. Fraas, John Graham, George Gray, James K. Hammitt, Kerry Krutilla, Randall Lutter, Brian Mannix, Stuart Shapiro, Anne E. Smith, W. Kip Viscusi and Richard O. Zerbe
George Washington University, Washington University in St. Louis - D.C. Satellite Office, University of Kentucky - Department of Economics, affiliation not provided to SSRN, George Washington University - Trachtenberg School of Public Policy and Public Administration, George Washington Institute of Public Policy (GWIP), Cox Associates, Inc., Resources for the Future, Indiana University Bloomington - School of Public & Environmental Affairs (SPEA), George Washington University, Harvard University, Indiana University Bloomington - School of Public & Environmental Affairs (SPEA), University of Virginia - Frank Batten School of Leadership and Public Policy, George Washington University, Rutgers, The State University of New Jersey - Edward J. Bloustein School of Planning and Public Policy, Marsh & McLennan Companies - Washington, D.C. Office, Vanderbilt University - Law School and University of Washington - Daniel J. Evans School of Public Affairs

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Regulatory Impact Analysis, policy

35.

The Costs and Benefits of Early Regulation of the Railroads

Bell Journal of Economics, Vol. 11, No. 1, pp. 343-50 (1980)
Posted: 03 Mar 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs

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law and economics, regulation, legal history, cost-beneift analysis, social welfare, social costs

36.

Conclusion: Principles and Standards for Benefit-Cost Analysis

Principles and Standards for Benefit-Cost Analysis (Scott Farrow & Richard O. Zerbe eds., Edward Elgar Publishing, 2013), pp. 364-443
Posted: 01 Mar 2022
Richard O. Zerbe, Tyler Davis, Nancy Garland and Tyler Scott
University of Washington - Daniel J. Evans School of Public Affairs, University of Washington, Independent and University of Georgia

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cost-benefit analysis, benefit-cost analysis, social programs

37.

Introduction: Economic Welfare Applied to Law with Costly Markets

Efficiency in Law and Economics (Richard O. Zerbe ed., Edward Elgar Publishing, 2014), pp. ix-xxx
Posted: 10 Feb 2022
Richard O. Zerbe
University of Washington - Daniel J. Evans School of Public Affairs

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economic efficiency, law and economics, cost-benefit analysis, economic analysis of law

38.

A Practitioner's Guide to Benefit-Cost Analysis

Fred Thompson & Mark T. Green, eds., Handbook of Public Finance (New York: Marcel Dekker, Inc., 1998), pp. 221-68.
Posted: 17 Sep 2021
Richard O. Zerbe and Jonathan A. Lesser
University of Washington - Daniel J. Evans School of Public Affairs and Navigant Consulting

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benefit-cost, public finance, analysis, policy, welfare, cost-benefit, discount rate, efficiency