Monday, February 26, 2018

Justice and Game Theory: DOJ inaugurates Jackson-Nash Address

Here's the announcement of a new lecture series at the U.S. Department of Justice Antitrust Division, the home of many fine economists with long government service.

Antitrust Division Establishes the “Jackson-Nash Address” and Announces Professor Alvin Roth as Inaugural Speaker

Professor Alvin Roth, Nobel laureate in economics, will address Antitrust Division attorneys, economists, and invited guests on Monday, Feb. 26, 2018.

The Antitrust Division is pleased to announce the establishment of the Jackson-Nash Address, and to announce that Professor Alvin Roth, the McCaw Professor of Economics at Stanford University, will be the inaugural speaker.  Professor Roth is the 2012 winner of the Nobel Prize for Economics for the theory of stable allocations and the practice of market design, and the author of “Who Gets What and Why.”  He will deliver his address on February 26, 2018, at The Great Hall, The Robert F. Kennedy Building, Department of Justice, 950 Pennsylvania Avenue NW, Washington, DC, at 2:00 p.m.
“The goals of the Jackson-Nash Address series are to recognize the contributions of former Supreme Court Justice Robert H. Jackson and Nobel Laureate economist John Nash, and to honor the speaker, recognizing and celebrating the role of economics in the mission of the Division,” said Assistant Attorney General Makan Delrahim.  “Professor Roth’s important contributions to game theory and market design make him an exemplary inaugural speaker.”
Justice Jackson served as Assistant Attorney General of the Antitrust Division prior to his appointment to the Supreme Court.  During his tenure at the Division, he set the stage for the expanded role of economics in antitrust, replacing vague legal standards with the “protection of competition” as the goal of antitrust law.

Professor John Nash’s research has provided the Division’s economists with the analytic tools necessary to protect competition.  In particular, Professor Nash’s strategic theory of games and his axiomatic bargaining model have had a profound effect on the Division’s enforcement mission.  The Division’s economists commonly rely on these theories to guide investigations and to help evaluate the effects of mergers, monopolization, and collusion.  
Non-Division attendees must enter through the entrance between 10th and Constitution Avenue, NW, and clear building security.  Any inquiries regarding security and logistics should be directed to Jeremy Edwards in the Office of Public Affairs at (202) 514-2007 or jeremy.m.edwards@usdoj.gov.
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Update: Assistant Attorney General Makan Delrahim Delivers Remarks for the Inaugural Jackson-Nash Address

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