Is there a "null coalescing" operator in JavaScript?

Yes, it is coming soon. See proposal here and implementation status here.

It looks like this:

x ?? y

Example

const response = {
  settings: {
    nullValue: null,
    height: 400,
    animationDuration: 0,
    headerText: '',
    showSplashScreen: false
  }
};

const undefinedValue = response.settings?.undefinedValue ?? 'some other default'; // result: 'some other default'
const nullValue = response.settings?.nullValue ?? 'some other default'; // result: 'some other default'
const headerText = response.settings?.headerText ?? 'Hello, world!'; // result: ''
const animationDuration = response.settings?.animationDuration ?? 300; // result: 0
const showSplashScreen = response.settings?.showSplashScreen ?? true; // result: false

If || as a replacement of C#'s ?? isn't good enough in your case, because it swallows empty strings and zeros, you can always write your own function:

 function $N(value, ifnull) {
    if (value === null || value === undefined)
      return ifnull;
    return value;
 }

 var whatIWant = $N(someString, 'Cookies!');

function coalesce() {
    var len = arguments.length;
    for (var i=0; i<len; i++) {
        if (arguments[i] !== null && arguments[i] !== undefined) {
            return arguments[i];
        }
    }
    return null;
}

var xyz = {};
xyz.val = coalesce(null, undefined, xyz.val, 5);

// xyz.val now contains 5

this solution works like the SQL coalesce function, it accepts any number of arguments, and returns null if none of them have a value. It behaves like the C# ?? operator in the sense that "", false, and 0 are considered NOT NULL and therefore count as actual values. If you come from a .net background, this will be the most natural feeling solution.

Update

JavaScript now supports the nullish coalescing operator (??). It returns its right-hand-side operand when its left-hand-side operand is null or undefined, and otherwise returns its left-hand-side operand.

Old Answer

Please check compatibility before using it.

---

The JavaScript equivalent of the C# null coalescing operator (??) is using a logical OR (||):

var whatIWant = someString || "Cookies!";

There are cases (clarified below) that the behaviour won't match that of C#, but this is the general, terse way of assigning default/alternative values in JavaScript.

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Clarification

Regardless of the type of the first operand, if casting it to a Boolean results in false, the assignment will use the second operand. Beware of all the cases below:

alert(Boolean(null)); // false
alert(Boolean(undefined)); // false
alert(Boolean(0)); // false
alert(Boolean("")); // false
alert(Boolean("false")); // true -- gotcha! :)

This means:

var whatIWant = null || new ShinyObject(); // is a new shiny object
var whatIWant = undefined || "well defined"; // is "well defined"
var whatIWant = 0 || 42; // is 42
var whatIWant = "" || "a million bucks"; // is "a million bucks"
var whatIWant = "false" || "no way"; // is "false"