Eric Fruits, Ph.D.

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Eric Fruits, Ph.D.

Eric Fruits, Ph.D.

@ericfruits

Director of Economic Research @LawEconCenter. Adjunct Professor @Portland_State. Expert witness and consultant in economics, finance & statistics.

Portland, OR เข้าร่วม Haziran 2008
702 กำลังติดตาม2.4K ผู้ติดตาม
Eric Fruits, Ph.D. รีทวีตแล้ว
Mario Zúñiga
Mario Zúñiga@MZunigaP·
#CompetitionLaw #Germany 🚨📢 Did you know about the recent “fuel market intervention package” rushed through the German parliament this week? I think it deserves serious scrutiny from the antitrust/Competition community. It’s presented as an “urgent” response to rising gas prices from the Middle East conflict. However, the competition law changes buried inside it are far broader than that. A 🧵👇1/9
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Eric Fruits, Ph.D.
Eric Fruits, Ph.D.@ericfruits·
Portland is moving toward two new transportation charges without a public vote: a Transportation Utility Fee (TUF) added to utility bills and a Street Damage Restoration Fee (SDRF) imposed through street-opening permits. If City Council sticks to its schedule, these taxes could be on the book before the next Arts Tax filing deadline. Your first chance to testify is April 2. Think of the first one as a Laundromat Tax. The commercial TUF is based on water usage—not road use. A business like a car wash or laundromat would pay exponentially more than an office building with hundreds of commuters, despite having a much smaller impact on our streets. The second can be thought of as a Sewer Repair Tax. Over 54% of the "trenching" penalized by the new SDRF fee is done by the city’s own water and sewer bureaus. This means you’ll likely see your utility bills climb even higher as these departments pass the costs back to us. Read the whole thing over at The Oregon Ledger.
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Eric Fruits, Ph.D. รีทวีตแล้ว
Int'l Ctr Law & Econ
Int'l Ctr Law & Econ@LawEconCenter·
ICYMI: A recent issue brief by @Julian_Morris evaluates proposals to cap credit card interest rates. Economic theory and evidence demonstrate that price ceilings do not eliminate risk, but rather cause credit rationing and push borrowers into costlier alternatives. 🔗 ⬇️
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Eric Fruits, Ph.D.@ericfruits·
@PGunigantiAT My doc calls this the nocebo effect. If you are told about the side effects of a medication, you're more likely to get the side effects.
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Pallavi Guniganti
Pallavi Guniganti@PGunigantiAT·
The reduction in efficacy is kind of wild to think about as a possible harm basis for FTC BCP action if ads denigrating a competitor product contain any false or deceptive material.
Anup Malani@anup_malani

Claritin ads didn't improve Claritin's effectiveness. But here's what surprised us: Zyrtec ads — which contained negative claims about Claritin — reduced Claritin's efficacy by roughly 20%. A competitor's ad made the drug physically work less.

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Eric Fruits, Ph.D. รีทวีตแล้ว
Herbert hovenkamp
Herbert hovenkamp@Sherman1890·
Lazar Radic has a very good post in TOTM on the war against consumer preferences that has become the EU's Digital Markets Act. A good warning to those in the USA thinking about reviving any movement to pass something similar. truthonthemarket.com/2026/03/19/the…
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Int'l Ctr Law & Econ
Int'l Ctr Law & Econ@LawEconCenter·
ICYMI: In a recent issue brief, @Julian_Morris identifies a structural threat to democratic accountability: Democratically Deficient Organizations (DoDOs). These intergovernmental bodies and NGOs wield policy-shaping authority while escaping voter scrutiny. Full paper below ⬇️
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Eric Fruits, Ph.D. รีทวีตแล้ว
Int'l Ctr Law & Econ
Int'l Ctr Law & Econ@LawEconCenter·
ICYMI: In Truth on the Market, Sabrina Pekarovic analyzes the EC’s €120 million fine against X under the DSA. The enforcement action relies on structural presumptions about user understanding. This approach departs from the U.S. requirement for demonstrated consumer harm. 🔗 ⬇️
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Eric Fruits, Ph.D. รีทวีตแล้ว
Int'l Ctr Law & Econ
Int'l Ctr Law & Econ@LawEconCenter·
ICYMI: In a recent TL;DR, @ericfruits examines the unintended consequences of imposing "fairness" mandates on grocery pricing. Heavy-handed regulations designed to protect competitors often lead to higher checkout costs for everyday consumers. Read the full analysis below ⬇️
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Eric Fruits, Ph.D.@ericfruits·
This is a game-changer if you're a public school parent flooded with emails longer than an SEO-optimized recipe website.
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Eric Fruits, Ph.D.
Eric Fruits, Ph.D.@ericfruits·
That app that translates English to LinkedIn slop is magic. But most people use it wrong. Sure, you get LOLs reading the slop. But, there's a missing 2nd step. Translate the LinkedIn slop back to English, and you get clear, straight-to-the-point prose.
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Eric Fruits, Ph.D. รีทวีตแล้ว
Int'l Ctr Law & Econ
Int'l Ctr Law & Econ@LawEconCenter·
Global regulators are forcing Apple to unbundle its digital platforms. In Truth on the Market, @laz_radic explains how such mandates ignore evidence that platform integration lowers transaction costs and delivers reliable user experiences. Full article below ⬇️
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Eric Fruits, Ph.D.
Eric Fruits, Ph.D.@ericfruits·
@cremieuxrecueil And, that's why Zoomers and younger Millennials are much more prone to zero-sum thinking. Their formative years were seemingly dominated by back-to-back recessions and COVID.
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Crémieux
Crémieux@cremieuxrecueil·
This paper just came out in the American Economic Review. One of my favorite findings was that people who experienced more economic growth while growing up had less "zero-sum" attitudes as adults.
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Crémieux@cremieuxrecueil

A new paper on correlates of zero-sum thinking just came out and it has everything: race, sex, politics, class, mobility, and even deep roots! Here are my favorite graphs from the paper. But first: how was zero-sum thinking measured? The answer is as a set of four questions on whether things are zero-sum with respect to ethnicity ("If one ethnic group becomes richer, this generally comes at the expense of other groups in the country"), citizenship ("If those without American citizenship do better economically, this will generally come at the expense of American citizens"), trade ("In international trade, if one country makes more money, then it is generally the case that the other country makes less money"), and income ("If one group becomes wealthier, it is usually the case that this comes at the expense of other groups"). Endorsement of these ideas is considered zero-sum thinking. Because these can feel political, you might think that would compromise the results. And true! Measurement invariance wasn't tested, but removing mechanically-related questions didn't seem to change this paper's findings much. Onto the graphs! The first one I liked was on the demographics of zero-sum thinking. It's a young and middle-aged person's game, but it's also a game for Hispanics and Blacks, but not Asians, for Democrats and not Republicans, for urbanites, somewhat for ruralites, and not as much for suburbanites, and there are U-shaped relationships with income and education. There are lots of findings in the break-downs of these categories, like that Democrats who voted for Trump were often highly zero-sum thinkers, or that zero-sum thinking is simultaneously related to - The belief that luck trounces effort - The perception that mobility is high - Universalist values - A belief in the importance of tradition - Generalized trust A second finding I found extremely interesting was that people who experienced more growth in the first twenty years of their lives had less zero-sum values. Because of the correlation between growth and zero-sum thinking over time and compositional changes that covary with those changes, it's important to do some post-stratification to see if this result really holds up. If it does, it has fascinating implications. The paper is really chock-full of fun facts, like that, globally, right-wingedness is related to less zero-sum thinking, but in some countries, the relationship is nullified or reversed. Another finding was that being anti-immigrant and pro-redistribution was related to zero-sum thinking among Democrats, and even more strongly, among Republicans. Yet another finding was that parental, grandparental, and great-grandparental mobility was negatively related to zero-sum thinking. A more immigrant-focused finding was that later-generation immigrants are closer to non-immigrant levels of zero-sum thinking. That is, they become more zero-sum! More likely there's selection at play, but regardless, immigrants are less zero-sum and this held up in the 2nd and 3rd generations, too. It was also found that county foreigner shares were unrelated to zero-sum thinking in respondent's generation or their parent's generation, but they were negatively related in their grandparent's generation. Another intergenerational transmission of values question had to do respondents' self-identification of having ancestors who experienced different bouts of slavery. The descendants of African slaves, Holocaust survivors, indentured servants, interned Japanese Americans, and enslaved Amerindians were more likely to be zero-sum thinkers. The same was not true for the descendants of prisoners of war. Unlike with immigration, the zero-sum correlates of enslavement seem more robust. For example, a person's county enslaved share in 1860, their parent's county enslaved share in 1860, and their grandparent's county enslaved share in 1860 all correlated with zero-sum sentiment. This remained true for people, their parents, and their grandparents if they moved out of the American South! Additionally, these findings also held true for each level when it came to county Confederate culture. In other words, the transmission of values, even with controls for demographics, state, and race was robust! This study paints a vivid picture of the correlates of zero-sum thinking in the present day, internationally, and with respect to their roots in the deep past. I definitely recommend reading it! Go check it out: nber.org/papers/w31688

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Eric Fruits, Ph.D.@ericfruits·
Q: Could Multnomah County's tax base actually be growing? A: Maybe, but not likely.
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Eric Fruits, Ph.D. รีทวีตแล้ว
Int'l Ctr Law & Econ
Int'l Ctr Law & Econ@LawEconCenter·
A new federal legislative framework for AI proposes a light-touch approach. In Truth on the Market, @kristianstout writes that the proposal correctly targets demonstrated harms over speculative risks and relies on existing agencies rather than a centralized regulator. 🔗 ⬇️
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Eric Fruits, Ph.D. รีทวีตแล้ว
kristian stout
kristian stout@kristianstout·
The White House AI framework largely gets the fundamentals right: light-touch federal policy, focus on harms, and avoiding a 50-state patchwork. But the real test will be Congress. My take: truthonthemarket.com/2026/03/20/a-s…
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Eric Fruits, Ph.D.
Eric Fruits, Ph.D.@ericfruits·
I might know more about Portland street renamings than just about anyone else. And this whole Cesar E. Chavez Blvd. renaming thing is going to be a mess. 1. A street must be renamed after a prominent person, so going back to 39th is out, unless ... 2. We rename it after Heinrich XXXIX Reuss of Köstritz (1891–1946) and shorten the street name to “39th”, but ... 3. "The name of the street proposed for renaming may not be changed if the existing name is of historic significance," and ... 4. Cesar Chavez is of more historic significance than he was two days ago, so ... 5. Cesar E. Chavez Blvd. cannot be renamed under current city code. Half of the city council seats are up for grabs this year. This is gonna be fun.
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