2010 Meeting of the American Law and Economics Association

Summary of All Sessions

Click here for an index of all participants

#Date/TimeLocationTypeJELTitlePapersOrganizer
1May 7, 2010
2:15-3:45
N/A invited   Antitrust II3
2May 7, 2010
2:15-3:45
N/A invited   Behavioral Law and Economics Session3
3May 7, 2010
2:15-3:45
N/A invited   Compliance/Internal controls3
4May 7, 2010
2:15-3:45
N/A invited   Corporate Bankruptcy3
5May 7, 2010
2:15-3:45
N/A invited   Crime, Labor, Health 43
6May 7, 2010
2:15-3:45
N/A invited   Dynamics of Judicial Decisionmaking3
7May 7, 2010
2:15-3:45
N/A invited   Information and Contract Design3
8May 7, 2010
2:15-3:45
N/A invited   Intellectual Property3
9May 7, 2010
2:15-3:45
N/A invited   Medical Malpractice3
10May 7, 2010
2:15-3:45
N/A invited   Mergers and Acquisitions3
11May 7, 2010
4:00-5:30
N/A invited   Bankruptcy: Empirical Studies of Consumer Bankruptcy3
12May 7, 2010
4:00-5:30
N/A invited   Crime, Labor, Health 53
13May 7, 2010
4:00-5:30
N/A invited   Int'l Law3
14May 7, 2010
4:00-5:30
N/A invited   Investment and Contract Design3
15May 7, 2010
4:00-5:30
N/A invited   Judicial Theory3
16May 7, 2010
4:00-5:30
N/A invited   Litigation and Case Selection3
17May 7, 2010
4:00-5:30
N/A invited   Modifying the Written Agreement3
18May 7, 2010
4:00-5:30
N/A invited   Oganizations, Law, and the Labor Market Session3
19May 7, 2010
4:00-5:30
N/A invited   Contracts (Sales/remedies) 3
20May 7, 2010
9:00-10:30
N/A invited   Law & Finance (disclosure)3
21May 7, 2010
9:00-10:30
N/A invited   Analytical Methods3
22May 7, 2010
9:00-10:30
N/A invited   Contracts (Theory, interpretation of standard terms)3
23May 7, 2010
9:00-10:30
N/A invited   Corporate Governance:3
24May 7, 2010
9:00-10:30
N/A invited   Crime, Labor, Health 13
25May 7, 2010
9:00-10:30
N/A invited   Human Capital and Legal Services3
26May 7, 2010
9:00-10:30
N/A invited   Law, Economics and Inequality3
27May 7, 2010
9:00-10:30
N/A invited   Legal Markets3
28May 7, 2010
9:00-10:30
N/A invited   Tax & Regulation3
29May 7, 2010
9:00-10:30
N/A invited   The Mortgage Crisis3
30May 7, 2010
10:45-12:15
N/A invited   Law & Finance (Theory)3
31May 7, 2010
10:45-12:15
N/A invited   Adjudicator Behavior3
32May 7, 2010
10:45-12:15
N/A invited   Antitrust I 2
33May 7, 2010
10:45-12:15
N/A invited   Contract Breach and Remedies3
34May 7, 2010
10:45-12:15
N/A invited   Corporate: CEO Compensation 3
35May 7, 2010
10:45-12:15
N/A invited   Crime, Labor, Health 23
36May 7, 2010
10:45-12:15
N/A invited   Discrimination Session2
37May 7, 2010
10:45-12:15
N/A invited   Environmental Law3
38May 7, 2010
10:45-12:15
N/A invited   Experimental 3
39May 7, 2010
10:45-12:15
N/A invited   Health and Individual Well-Being3
40May 8, 2010
1:30-3:00
N/A invited   Appelate Court Panels3
41May 8, 2010
1:30-3:00
N/A invited   Comparative Law3
42May 8, 2010
1:30-3:00
N/A invited   Crime, Labor, Health 33
43May 8, 2010
1:30-3:00
N/A invited   DISTRIBUTIVE RULES3
44May 8, 2010
1:30-3:00
N/A invited   Legal Reasoning and Court Errors3
45May 8, 2010
1:30-3:00
N/A invited   Torts II3
46May 8, 2010
1:30-3:00
N/A invited   Wellbeing, Happiness, and Economics Outcomes3
47May 8, 2010
1:30-3:00
N/A invited   Bargaining, delegation and ex ante efficiency3
48May 8, 2010
1:30-3:00
N/A invited   Household/Family/Gender3
49May 8, 2010
9:00-10:30
N/A invited   Civil Rights & Affirmative Action3
50May 8, 2010
9:00-10:30
N/A invited   Contract and Intellectual Property3
51May 8, 2010
9:00-10:30
N/A invited   Corporate: Compensation and/or Turnover3
52May 8, 2010
9:00-10:30
N/A invited   Crime, Labor, Health 63
53May 8, 2010
9:00-10:30
N/A invited   Law & Finance3
54May 8, 2010
9:00-10:30
N/A invited   Operation of Courts 3
55May 8, 2010
9:00-10:30
N/A invited   Property Right Design3
56May 8, 2010
9:00-10:30
N/A invited   Regulation & Federalism3
57May 8, 2010
9:00-10:30
N/A invited   Securities Litigation3
58May 8, 2010
9:00-10:30
N/A invited   Regulation of Business3
59May 8, 2010
10:45-12:15
N/A invited   Cost-Benefit Analysis3
60May 8, 2010
10:45-12:15
N/A invited   Courts & Politics3
61May 8, 2010
10:45-12:15
N/A invited   Law & Finance (Regulation)3
62May 8, 2010
10:45-12:15
N/A invited   Litigation and Reputation3
63May 8, 2010
10:45-12:15
N/A invited   Property & Environmental3
64May 8, 2010
10:45-12:15
N/A invited   Relational Contracts3
65May 8, 2010
10:45-12:15
N/A invited   Securities Litigation II3
66May 8, 2010
10:45-12:15
N/A invited   STANDARD OF PROOF3
67May 8, 2010
10:45-12:15
N/A invited   Takeovers (& insider trading)3
68May 8, 2010
10:45-12:15
N/A invited   Torts I3
 

68 sessions, 202 papers


 

2010 Meeting of the American Law and Economics Association

Complete List of All Sessions

  

Session 1: Antitrust II

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

Predatory Pricing
   Presented by: Aaron Edlin, UC Berkeley
 

Trust, Salience, and Deterrence: Evidence From an Antitrust Experiment
   Presented by: Sven-Olof Fridolfsson, Research Institute of Industrial Ec.
 

Competition Policy and Financial Distress
   Presented by: Ezra Friedman, Northwestern University
  

Session 2: Behavioral Law and Economics Session

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

Behavioral Antitrust: A New Approach to the Rule of Reason after Leegin
JEL codes: D21, D23, K21
   Presented by: Avishalom Tor, University of Haifa
 

Monitoring Costs and the Law of Franchise Tying Contracts: A Behavioral Perspective
   Presented by: Uri Benoliel, Academic Center of Law & Business
 

Pricing Misperception: Explaining Pricing Structure in the Cellular Service Market
   Presented by: Rebecca Stone, US Court of Appeals for the Seventh Circuit
  

Session 3: Compliance/Internal controls

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

The Value of SOX Internal Control Disclosures in the Market for Corporate Control
JEL codes: G3, G34
   Presented by: Emanuel Zur, Baruch College
 

Regulatory Monitoring Under the Sarbanes-Oxley Act
   Presented by: Cindy2 Alexander2, SEC
 

Institutionalizing Self-Regulation: The Effect of Commitment, Threat and Surveillance
   Presented by: Jodi Short, Georgetown University Law Center
  

Session 4: Corporate Bankruptcy

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

Car Trouble
[slides]
   Presented by: Douglas Baird, University of Chicagp
 

SALES OR PLANS: A COMPARATIVE ACCOUNT OF THE “NEW” CORPORATE REORGANIZATION
   Presented by: Stephen Lubben, Seton Hall University School of Law
 

Share Auctions and the Division of Value in Corporate Reorganizations
   Presented by: Gustav Sigurdsson, The Wharton School, Univ of Pennsylvania
  

Session 5: Crime, Labor, Health 4

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

The Effects of School Desegregation on Crime
JEL codes: I2;J15;J18;K42
   Presented by: Jens Ludwig, University of Chicago
 

Intended and Unintended Consequences of Prison Reform
   Presented by: H. Mocan, LSU
 

Evaluating the Youth Criminal Justice Act With Perpetrator Self-report Data
   Presented by: Lihui Zhang, University of Regina
  

Session 6: Dynamics of Judicial Decisionmaking

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

The Judicial Business Cycle
JEL codes: E02, K34, K41
   Presented by: Nancy Staudt, Northwestern University
 

A Theory of Rational Jurisprudence
   Presented by: Scott Baker, Washington University in St. Louis
 

Tracking Inconsistent Judicial Behavior
   Presented by: Anthony Niblett, University of Chicgao
  

Session 7: Information and Contract Design

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

Product Use Information and the Limits of Voluntary Disclosure
   Presented by: Oren Bar-Gill, New York University
 

OPTIMAL LIABILITY SHARING AND COURT ERRORS: AN EXPLORATORY ANALYSIS
   Presented by: Marcel Boyer, University of Montreal
 

Productive Entrepreneurship and Economic Development with Limited Contract Enforcement
   Presented by: Rasim Uras, Washington Univesrity in St. Louis
  

Session 8: Intellectual Property

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

Should Copyright Of Academic Works Be Abolished?
JEL codes: K11, O34
   Presented by: Steven Shavell, Harvard University
 

Understanding the Doctrine of Patentable Subject Matter
[slides]
   Presented by: Jing-Yuan CHIOU, IMT Lucca
 

Choosing the Scope of Trade Secret Law when Secrets Complement Patents
   Presented by: Elisabetta Ottoz, University of Torino
  

Session 9: Medical Malpractice

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

Does Sorry Work? The Impact of Apology Laws on Medical Malpractice
JEL codes: K32
   Presented by: Elaine Liu, University of Houston
 

Does Proactive Disclosure of Medical Error Prompt or Prevent Medical Malpractice Suits?
[slides]
   Presented by: Lorens Helmchen, University of Illinois at Chicago
 

Defensive Medicine and Obstetric Practices
   Presented by: Michael Frakes, Harvard Law School
  

Session 10: Mergers and Acquisitions

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 2:15 - 3:45
 

Do Shareholders Listen? M&A Advisor Opinions and Shareholder Voting
JEL codes: G34, G24, G38
   Presented by: Jie Cai, Drexel University
 

The Powerful and Pervasive Effects of Ownership on M&A
   Presented by: John Coates IV,
 

Agency Costs of Idiosyncratic Volatility, Corporate Governance, and Investment
   Presented by: Dalida Kadyrzhanova, University of Maryland
  

Session 11: Bankruptcy: Empirical Studies of Consumer Bankruptcy

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

Lawyers Steer Clients toward Lucrative Filings: Evidence from Consumer Bankruptcies
JEL codes: K35
   Presented by: Frank McIntyre, Brigham Young University
 

Race, Gender and Political Ideology in Personal Bankruptcy Outcomes
   Presented by: Paige Skiba, Vanderbilt
 

Debt, Financial Distress, and Bankruptcy over the Life Course
   Presented by: Ronald Mann, Columbia Law School
  

Session 12: Crime, Labor, Health 5

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

Strict Liability for Medical Injuries? The Impact of Increasing Malpractice Liability on Obstetrician Behavior
JEL codes: K13, I18, L11
   Presented by: Brian Chen, Stanford University
 

How Do the Elderly Fare in Medical Malpractice Litigation? Evidence from Texas, 1988-2007
   Presented by: Bernard Black, University of Texas
 

Tort Liability and the Market for Prescription Drugs
   Presented by: Eric Helland, CMC/RAND
  

Session 13: Int'l Law

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

International Soft Law
JEL codes: K33
   Presented by: Andrew Guzman,
 

The Economics of Climate Enforcement
   Presented by: Anu Bradford, University of Chicago
 

A Liberal Theory of Compliance with International Law
   Presented by: Joel Trachtman,
  

Session 14: Investment and Contract Design

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

Breach Remedies Inducing Hybrid Investments
JEL codes: K12, L22, J41.
   Presented by: Alexander Stremitzer, Yale University
 

Optimal Contract Design with Unilateral Market Option
[slides]
   Presented by: ANTONIO NICITA, University of Siena CLEIS
 

Can Contracts Solve the Hold-Up Problem? Experimental Evidence
   Presented by: Eva Hoppe, University of Cologne
  

Session 15: Judicial Theory

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

The Business of Judicial Elections
JEL codes: K4
   Presented by: Joanna Shepherd, Emory University
 

Judicial Review as a Constraint on Tyranny of the Majority
   Presented by: F. Andrew Hanssen, Colby College
 

Litigation and Legal Evolution: Does Procedure Matter? (Gordon Tullock’s Case Against the Common Law – Revisited)
   Presented by: Barbara Luppi, University of Modena and Reggio Emilia
  

Session 16: Litigation and Case Selection

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

Trial and Settlement: A Study of High-Low Agreements
JEL codes: K0, K41
   Presented by: J.J. Prescott, University of Michigan
 

Trial Selection Theory: A Unified Model
   Presented by: Keith Hylton,
 

The Regressive Effect of Legal Uncertainty
   Presented by: Uri Weiss, The Hebrew University
  

Session 17: Modifying the Written Agreement

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

EMPTY PROMISES
   Presented by: Oren Bar-Gill, New York University
 

Does Anyone Read the Fine Print? Testing a Law and Economics Approach to Standard Form Contracts
   Presented by: Florencia Marotta-Wurgler, NYU Law School
 

Explaining Adversarial Boilerplate Language in the Battle of the Forms: Are Consequential Damages in the U.C.C. Gap Fillers a Penalty Default Rule?
[slides]
   Presented by: Ryan Griffee, Pepperdine University
  

Session 18: Oganizations, Law, and the Labor Market Session

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

STRATEGIC BEHAVIOR AND ORGANIZATIONAL STRUCTURE IN RELIGIOUS BODIES: HOW IT IMPACTS ON THE AGE OF LEADERS
   Presented by: Donald Wittman, University of California, Santa Cruz
 

The Incentives Matrix: The Comparative Effectiveness of Rewards, Liabilities, Duties, and Protections for Reporting Illegality
   Presented by: orly lobel, university of san diego
 

Great Expecations: Law, Employment Contracts, and Labor Market Performance
   Presented by: W. MacLeod, Columbia University
  

Session 19: Contracts (Sales/remedies)

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 4:00 - 5:30
 

The Right to Withdraw in Contract Law
   Presented by: Omri Ben-Shahar, University of Chicago Law School
 

A rationale for the Limitation Period in Sales Law
   Presented by: Henrik Lando, Copenhagen Business School
 

On and Off Contract Remedies
   Presented by: Alexander Stremitzer, Yale University
  

Session 20: Law & Finance (disclosure)

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

The Implications of Hedge Fund Activism on the Target Firm’s Existing Bondholders
JEL codes: G30, G34
   Presented by: Emanuel Zur, Baruch College
 

Shareholder Activism and CEO Pay
   Presented by: Fabrizio Ferri, Stern School of Business NYU
 

Inefficiencies in the Information Thicket: A Case Study of Derivative Disclosures During the Financial Crisis
   Presented by: Robert Bartlett III, University of California, Berkeley
  

Session 21: Analytical Methods

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

The Flawed Probabilistic Foundation of Law & Economics
   Presented by: Alex Stein, Cardozo Law School
 

Academic Scribblers and Defunct Economists: Development Economics and the Law
   Presented by: Robert Cooter, University of California
 

Beyond Individualism in Law and Economics
   Presented by: Robert Ahdieh, Emory Law School
  

Session 22: Contracts (Theory, interpretation of standard terms)

Session Organizer: ,
Session Chair: Omri Ben-Shahar, University of Chicago Law School
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

Bayesian Contractual Interpretation
   Presented by: Yair Listokin, Yale University
 

Market Conditions and Non-price Terms in Contracts
   Presented by: Albert Choi, University of Virginia
 

Optimal Remedies for Bilateral Contract
   Presented by: Barbara Luppi, University of Modena and Reggio Emilia
  

Session 23: Corporate Governance:

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

Regulatory Dualism as a Development Strategy: Corporate Reform in Brazil, the U.S., and the EU
   Presented by: Henry Hansmann, Yale University
 

Offensive Shareholder Activism in US Public Companies 1900-1949
   Presented by: John Armour, University of Oxford
 

What Happens in Nevada?
   Presented by: Michal Barzuza, Univeristy of Virginia
  

Session 24: Crime, Labor, Health 1

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

Responses to More Severe Punishment in the Courtroom: Evidence from Truth-in-Sentencing Laws
JEL codes: K00, K41, K14
   Presented by: Libor Dusek, CERGE-EI
 

Defendant Cooperation and Electronic Surveillance as Substitutes in Criminal Prosecutions
   Presented by: Thomas Miles, University of Chicago
 

The Effect of Order-Maintenance Policing on Serious and Non-Serious Crime: Evidence from a Quasi-Experiment
   Presented by: Andrea Chandrasekher, Northwestern University Law School
  

Session 25: Human Capital and Legal Services

Session Organizer: ,
Session Chair: Alon Klement, Interdisciplinary Center Herzliya
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

Overworking in court: Evidence from young lawyers' hours of work
JEL codes: K41, L14, J44
   Presented by: Rosa Ferrer, Universitat Pompeu Fabra
 

Not Just Being There: An Economic Analysis of Fact Witness Payment
   Presented by: Ezra Friedman, Northwestern University
 

Judges, Courts and Economic Development: the Impact of Judicial Human Capital on the Efficiency and Accuracty of the Court System
   Presented by: Gwendolyn Ball, University of Illinois
  

Session 26: Law, Economics and Inequality

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

What have Calabresi & Melamed got to do with Family Affairs? Women Using Tort Law in Order to Defeat Jewish and Shari’a Law
   Presented by: Benjamin Shmueli, Sha'arei Mishpat College
 

The Persistence of Skin Color Discrimination for Immigrants
   Presented by: Joni Hersch, Vanderbilt University
 

Egalitarian Economic Inequality
   Presented by: Terry O'Reilly, Willamette University
  

Session 27: Legal Markets

Session Organizer: ,
Session Chair: George Triantis, Harvard law school
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

The Death of Big Law
JEL codes: K10, K22, K41
   Presented by: Larry Ribstein,
 

When Would a Lawyer Work for a Fixed Fee?
   Presented by: Flóra Felsö, University of Amsterdam
 

Law for a Flat World: Legal Infrastructure and the New Economy
   Presented by: Gillian Hadfield, USC
  

Session 28: Tax & Regulation

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

The Corporate Pyramid Fable
JEL codes: D21, G35, N82,
   Presented by: Steven Bank, UCLA School of Law
 

Certainty and Uncertainty in the Taxation of Risky Returns
   Presented by: Thomas Brennan, Northwestern University
 

Regulatory Arbitrage
   Presented by: Victor Fleischer, University of Colorado
  

Session 29: The Mortgage Crisis

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 9:00 - 10:30
 

Regulatory Remedies for Banking Crises: Lessons from Japan
JEL codes: G15, G21, G28
   Presented by: Suparna Chakraborty, Baruch College, CUNY
 

Did Bankruptcy Reform Cause Mortgage Default to Rise?
   Presented by: Michelle White, Univ of Calif San Diego
 

Mortgage Default Risk: Recent Evidence from NYC
   Presented by: Michael Gedal, New York University
  

Session 30: Law & Finance (Theory)

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

A Carrot and Stick approach to Discipline Self -dealing by Controlling Shareholders
   Presented by: Maria Isabel Saez,
 

Incentives in the Market for Mortgage-Backed Securities
   Presented by: Bernard Black, University of Texas
 

Credit Default Swaps and The Empty Creditor Problem
   Presented by: Patrick Bolton, Columbia University
  

Session 31: Adjudicator Behavior

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

How Much Does Law Matter? Theory and Evidence from Single Subject Adjudication
   Presented by: Michael Gilbert, University of Virginia
 

The Decision to Award Punitive Damages: An Empirical Study
   Presented by: Theodore Eisenberg, Cornell University
 

Does Deference Promote Principled Dynamic Interpretations of Statutes?
[slides]
   Presented by: Mark Humphèry, Columbia University; University of New South Wales
  

Session 32: Antitrust I

Session Organizer: ,
Session Chair: Keith Hylton,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

Robust Exclusion Through Loyalty Discounts
   Presented by: Abraham Wickelgren, University of Texas at Austin
 

Rethinking Antitrust Sanctions
   Presented by: Joshua Wright, George Mason University
  

Session 33: Contract Breach and Remedies

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

VIEWING UNCONSCIONABILITY THROUGH A MARKET LENS
   Presented by: Ariel Porat, Tel Aviv University
 

Ex-Ante or Ex-post Expectation Damages?
   Presented by: Ronen Avraham, University of Texas at Austin
 

A Comparative Analysis of Good Faith Purchase
   Presented by: Alan Schwartz, Yale University
  

Session 34: Corporate: CEO Compensation

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

Blockholders on Boards and CEO Compensation, Turnover and Firm Valuation
JEL codes: G32, G34, J33
   Presented by: Anup Agrawal, University of Alabama
 

Aggregate Shareholder Value, Stock Prices, and the Optimal Design of Executive Pay
   Presented by: Jesse Fried, Harvard Law School
 

To Each According to His Ability? A Cross-Sectional Analysis of the Market for CEO Talent
   Presented by: Antonio Falato, Federal Reserve Board
  

Session 35: Crime, Labor, Health 2

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

The Distortionary Effect of Evidence on Primary Behavior
   Presented by: Alex Stein, Cardozo Law School
 

Complementary use of administrative and criminal fines in enforcing environmental regulations
   Presented by: Katarina Svatikova, Erasmus University Rotterdam
 

Recidivism and Uncertainty in Deterrence
   Presented by: Gregory DeAngelo, UC Denver
  

Session 36: Discrimination Session

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

Racial Disparities in Federal Sentencing: A Quantile Regression Approach
JEL codes: K14, K40
   Presented by: Beth Freeborn, College of William and Mary
 

Does Affirmative Action Create Educational Mismatches in Law School?
   Presented by: Doug Williams, University of the South
  

Session 37: Environmental Law

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

Discontinuous Behavioral Responses to Recycling Laws and Plastic Water Bottle Deposits
[slides]
JEL codes: K23 K32 Q50 Q58
   Presented by: W. Kip Viscusi, Vanderbilt University
 

TAX POLICY ANALYSIS OF CLIMATE CHANGE
   Presented by: Yoram Margalioth, Tel Aviv University
 

Air Toxics in the Board Room: An Empirical Study of EPA's Hazardous Air Pollutant Rules
   Presented by: Katherine Barnes, University of Arizona
  

Session 38: Experimental

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

PUNISHMENT DESPITE REASONABLE DOUBT - A PUBLIC GOODS EXPERIMENT WITH UNCERTAINTY OVER CONTRIBUTIONS
JEL codes: D03, H41, K14
   Presented by: Kristoffel Grechenig, Max Planck Institute for Research on Collective Goods
 

Breach is for Suckers
   Presented by: Tess Wilkinson-Ryan, University of Pennsylvania Law School
 

Judicial Errors and Crime Deterrence: Theory and Experimental Evidence
   Presented by: Matteo Rizzolli, University of Milan - Bicocca
  

Session 39: Health and Individual Well-Being

Session Organizer: ,
Session type: invited
Date: May 7, 2010
Time: 10:45 - 12:15
 

Valuing Foreign Lives
   Presented by: David Dana, Northwestern University
 

Private Regulation
   Presented by: Ronen Avraham, University of Texas at Austin
 

Internalities and Paternalism: Applying the Compensation Criterion to Multiple Selves across Tim
   Presented by: Eric Rasmusen, Indiana University
  

Session 40: Appelate Court Panels

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Left, Right, and Center: Strategic Information Acquisition and Diversity in Judicial Panels
JEL codes: K4; H1
   Presented by: Eric Talley, UC Berkeley
 

WHY (AND WHEN) JUDGES DISSENT: A THEORETICAL AND EMPIRICAL ANALYSIS
   Presented by: william landes, university of chicago
 

Panel Effects as Social Interactions
   Presented by: Joshua Fischman, University of Virginia
  

Session 41: Comparative Law

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Plea Bargaining: A Comparative Legal and Economic Analysis
   Presented by: Yehonatan Givati, Harvard Univeristy
 

Self-Assessment of Takings Compensation: An Empirical Study
[slides]
   Presented by: Yun-chien Chang, Academia Sinica
 

Southern "Home Cooking" and the Quality of American State Courts
   Presented by: Giorgio Zanarone, Colegio Universitario de Estudios Financieros
  

Session 42: Crime, Labor, Health 3

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Everybody Stay Cool, This Is a Robbery
JEL codes: K40, K42, H11
   Presented by: Giovanni Mastrobuoni, Collegio Carlo Alberto
 

Casey at the Bat (And in the Field?): An Economic Analysis of Baseball's Designated Hitter Rule
[slides]
   Presented by: Steve Calandrillo, University of Washington
 

Cooperation's Cost
   Presented by: Miriam Baer, Brooklyn Law School
  

Session 43: DISTRIBUTIVE RULES

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Luxury in Ancient Rome: Scope, Timing and Enforcement of Sumptuary Laws
JEL codes: D70, K00, N00
   Presented by: Giuseppe Dari-Mattiacci,
 

A Difficulty in the Concept of Affirmative Action: Evidence from Females in Legislatures
   Presented by: Dino Falaschetti, Florida State University
 

The Partisan Consequences of the Voting Rights Act
   Presented by: Adam Cox, University of Chicago Law School
  

Session 44: Legal Reasoning and Court Errors

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Analogical Legal Reasoning: Theory and Evidence
   Presented by: Joshua Teitelbaum, Georgetown University
 

Does Private Selection Improve the Accuracy of Arbitrators' Decisions?
   Presented by: Alon Klement, Interdisciplinary Center Herzliya
 

Why Do Judges Read Statutes?
   Presented by: Alexander Volokh, Emory Law School
  

Session 45: Torts II

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Endogenous Assets and Liability: Why Softer Standards Are More Efficient
JEL codes: K13, K23, L51,
   Presented by: Fernando Gomez, Universitat Pompeu Fabra
 

Comparative Negligence as a Buffer against Erroneus Standards
   Presented by: Giuseppe Dari-Mattiacci,
 

Doing their duty: An empirical analysis of the unintended effect of Tarasoff v Regents on homicidal activity
   Presented by: Griffin Edwards, Emory University
  

Session 46: Wellbeing, Happiness, and Economics Outcomes

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Well-Being Analysis
   Presented by: Jonathan Masur, University of Chicago Law School
 

Inequality and Subjective Well-Being
[slides]
   Presented by: Justin Wolfers, University of Pennsylvania
 

Happiness Studies and Legal Policy
   Presented by: Peter Huang, Temple University
  

Session 47: Bargaining, delegation and ex ante efficiency

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Prosecutorial Risk Attitudes, Time Constraints and Plea Bargaining
   Presented by: Serra Boranbay, Princeton University
 

Ex Ante Efficiency and Ex Post Equality
[slides]
   Presented by: Chris Wonnell, University of San Diego
 

A Property Rights Approach to Legislative Delegation
   Presented by: Peter Grajzl, Washington and Lee University
  

Session 48: Household/Family/Gender

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 1:30 - 3:00
 

Diverging family structure and “rational” behavior: The decline in marriage as a disorder of choice
[slides]
JEL codes: J12, J13, J15
   Presented by: Amy Wax,
 

E-marriage: Breaking the Marriage Monopoly
   Presented by: Adam Candeub, MSU
 

Intrahousehold Competition Over Time and Legal Regimes
[slides]
   Presented by: Michael Hanlon, University of Washington
  

Session 49: Civil Rights & Affirmative Action

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Let My People Go: Ethnic In-Group Bias in Judicial Decisions – Evidence from a Randomized Natural Experiment
JEL codes: K41, K42, J15
   Presented by: Oren Gazal, University of Haifa
 

Using Brazil's Racial Continuum to Examine the Short-Term Effects of Affirmative Action in Higher Education
   Presented by: Andrew Francis, Emory University
 

Affirmative Action Bans and the "Chilling Effect"
[slides]
   Presented by: Richard Sander, UCLA
  

Session 50: Contract and Intellectual Property

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Rewarding innovation efficiently: research spill-overs and exclusive IP rights
   Presented by: Luigi Franzoni, Universita di Bologna
 

CONTRACTUAL COMPLEXITY OF R&D ALLIANCES – A two-dimensional analysis of the determinants of contractual complexity
   Presented by: John Hagedoorn, University Maastricht
 

Intellectual Property as a Law of Organization
   Presented by: Jonathan Barnett, Univ. of Southern California
  

Session 51: Corporate: Compensation and/or Turnover

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

CEO Tenure, Performance and Turnover in S&P 500 Companies
JEL codes: K22, M12, M51
   Presented by: John Coates IV,
 

Why Do Insiders Hedge Their Ownership? An Empirical Examination
   Presented by: Swaminathan Kalpathy, Southern Methodist University
 

Internal Managerial Promotions: Incentives, CEO Influence and Firm Valuation
   Presented by: Shawn Mobbs, University of Alabama
  

Session 52: Crime, Labor, Health 6

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Institutional Requirements for Effective Imposition of Fines
JEL codes: K14, K42, D02
   Presented by: Anne Piehl, Rutgers University
 

Enforcement Strategies, Compliance Programs, and the Intermediary Gatekeepers
   Presented by: Sharon Oded, Erasmus University Rotterdam, NL
 

Coordinated Private and Public Enforcement of Law: Deterrence under Qui Tam
   Presented by: David Kwok, University of California, Berkeley
  

Session 53: Law & Finance

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Recourse and Residential Mortgage Default: Theory and Evidence from U.S. States
JEL codes: G21;G28;K11;R20
   Presented by: Andra Ghent, Baruch College
 

Investment in Financial Structured Products from Rational and Behavioral Choice Perspectives
   Presented by: Moran Ofir, New York University
 

Worthless Warnings? Testing the Effectiveness of Disclaimers in Mutual Fund Advertisements
   Presented by: Ahmed Taha, Wake Forest Law School
  

Session 54: Operation of Courts

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Are Judges Tied to the Past? Evidence of the Judicial Sunk-Cost Effect in Appellate Decision-making
   Presented by: Shay Lavie, Harvard Law School
 

The Plaintiff’s Role in Enforcing a Court Ruling: Evidence from a Labor Court in Mexico
   Presented by: Joyce Sadka, CIE-ITAM
 

Too many balls in the air: The impact of task juggling on workers’ productivity
   Presented by: Nicola Persico, New York University
  

Session 55: Property Right Design

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Unscheduled Appointments
JEL codes: D23, D45, K23
   Presented by: Alan Miller, California Institute of Technology
 

Economic Organization and the Lease-Ownership Decision in Water
   Presented by: Dean Lueck, The University of Arizona
 

Sequential Musical Creation and Sample Licensing
   Presented by: Peter DiCola, Northwestern University Law School
  

Session 56: Regulation & Federalism

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Interjurisdictional Linkages and the Scope for Interventionist Legal Harmonization
JEL codes: D02, D82, K40
   Presented by: Peter Grajzl, Washington and Lee University
 

State Finance in Times of Crisis
   Presented by: Brian Galle, Florida State University
 

THE INSTITUTIONAL DYNAMICS OF TRANSITION RELIEF
[slides]
   Presented by: Jonathan Nash, Emory University
  

Session 57: Securities Litigation

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

The Price of Pay to Play in Securities Class Actions
JEL codes: K22; K41
   Presented by: Adam Pritchard, University of Michigan School of Law
 

Real Time Information and Group Litigation Decisions
   Presented by: W. Kip Viscusi, Vanderbilt University
 

IS “PAY-TO-PLAY” DRIVING PUBLIC PENSION FUND ACTIVISM IN SECURITIES CLASS ACTIONS? AN EMPIRICAL STUDY
   Presented by: David Webber, New York University School of Law
  

Session 58: Regulation of Business

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 9:00 - 10:30
 

Entrepreneurship, Compensation and the Corporation
JEL codes: M52, K22
   Presented by: Henry Manne,
 

Public Policy and Business Creation in the United States
   Presented by: Douglas Cumming, York University
 

Shareholders and Stakeholders: How do Directors Decide?
[slides]
   Presented by: Amir Licht, Interdisciplinary Center Herzliya
  

Session 59: Cost-Benefit Analysis

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

Against Feasibility Analysis
   Presented by: Jonathan Masur, University of Chicago Law School
 

Relational Governance and Contract Damages: Evidence from Franchising
   Presented by: Adam Badawi, University of Chicago
 

The Sum of Its Parts: A Comprehensive Analysis of Rezonings in New York City
   Presented by: Vicki Been, New York University
  

Session 60: Courts & Politics

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

BUILDING REPUTATION IN CONSTITUTIONAL COURTS: PARTY AND JUDICIAL POLITICS
   Presented by: Nuno Garoupa, University of Illinois at Urbana-Champai
 

When Do Voters Punish Corrupt Politicians? Experimental Evidence from Brazil
   Presented by: Miguel de Figueiredo, Yale Law School
 

Language, Legal Origins, and Culture before the Courts: Cross‐Citations between Supreme Courts in Europe
   Presented by: Martin Gelter, Fordham Law School
  

Session 61: Law & Finance (Regulation)

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

A New Capital Regulation for Large Financial Institutions
JEL codes: G01,G21,G24,G28
   Presented by: Oliver Hart, Harvard University
 

If You Misrate, then You Lose: Improving Credit Rating Accuracy Through Incentive Compensation
   Presented by: Yair Listokin, Yale University
 

Avoiding Eight-Alarm Fires in the Political Economy of Systemic Risk Management
   Presented by: Jeffrey Gordon,
  

Session 62: Litigation and Reputation

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

A Dynamic Model of Lawsuit Joinder and Settlement
JEL codes: K41, D82
   Presented by: Andrew Daughety, Vanderbilt University
 

Patent Settlements as a Barrier to Entry
   Presented by: Anne Duchene, Drexel University
 

The Effect of Litigation on Venture Capitalist Reputation
   Presented by: Kate Litvak, Northwestern University School of Law
  

Session 63: Property & Environmental

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

An Empirical Analysis of Cost Recovery in Superfund Cases: Implications for Brownfields and Joint and Several Liability
JEL codes: K32, K41, Q53
   Presented by: Howard Chang, University of Pennsylvania
 

Land Demarcation and Agriculture in 19th Century California
   Presented by: Dean Lueck, The University of Arizona
 

Tradable Environmental Allowances: Property, Non-Property, or Quasi-Property?
   Presented by: Daniel Kelly, Harvard Law School
  

Session 64: Relational Contracts

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

Contract Adaptation under Legal Constraints
JEL codes: D23; L14; L22
   Presented by: Giorgio Zanarone, Colegio Universitario de Estudios Financieros
 

Household Relational Contract, Fertility and Divorce
   Presented by: Matthias Fahn, Munich Graduate School of Economics
 

Implicit Contracting Close to Anonymity
   Presented by: Andrei Bremzen, New Economic School
  

Session 65: Securities Litigation II

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

The Supreme Court’s Impact on Securities Class Actions: An Empirical Assessment of Tellabs
JEL codes: K22; K41
   Presented by: Adam Pritchard, University of Michigan School of Law
 

SHORT SELLING AND THE NEWS: A PRELIMINARY REPORT ON AN EMPIRICAL STUDY
   Presented by: Merritt Fox,
 

Uninvited U.S. Investors? Economic Consequences of Involuntary Cross-listings
   Presented by: Lukas Roth, University of Alberta
  

Session 66: STANDARD OF PROOF

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

How Should Prosecutors Be Evaluated?
JEL codes: K41, D82
   Presented by: Bryan McCannon, Wake Forest University
 

Toward a General Theory of Standards of Proof
   Presented by: Fredrick Vars, University of Alabama
 

The Interplay between Admissibility of Expert Evidence and the Standard of Proof
[slides]
   Presented by: Nancy McCarthy, George Mason University
  

Session 67: Takeovers (& insider trading)

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

Insider Trading in Takeover Targets
JEL codes: G14, G18, G34
   Presented by: Anup Agrawal, University of Alabama
 

RUNUP OF ACQUIRER STOCK IN PUBLIC AND PRIVATE ACQUISITIONS
   Presented by: Douglas Cumming, York University
 

Golden Parachutes and the Wealth of Shareholders
   Presented by: Alma Cohen, Harvard University
  
Index of Participants

Legend: C=chair, P=Presenter, D=Disscussant

Session 68: Torts I

Session Organizer: ,
Session type: invited
Date: May 8, 2010
Time: 10:45 - 12:15
 

Ex-ante Investment, Ex-post Remedy, and Product Liability
   Presented by: Xinyu Hua, HKUST
 

The Reasonable Person Standard: Trading Off Static and Dynamic Efficiency
   Presented by: Tim Friehe, University of Konstanz
 

Insolvency and Biased Standards - The Case for Proportional Liability
   Presented by: Alexander Stremitzer, Yale University
#ParticipantRoles in Conference
1Agrawal, AnupP34, P67
2Ahdieh, RobertP21
3Alexander2, Cindy2P3
4Armour, JohnP23
5Avraham, RonenP39, P33
6Badawi, AdamP59
7Baer, MiriamP42
8Baird, DouglasP4
9Baker, ScottP6
10Ball, GwendolynP25
11Bank, StevenP28
12Bar-Gill, OrenP7, P17
13Barnes, KatherineP37
14Barnett, JonathanP50
15Bartlett III, RobertP20
16Barzuza, MichalP23
17Been, VickiP59
18Ben-Shahar, OmriP19, C22
19Benoliel, UriP2
20Black, BernardP12, P30
21Bolton, PatrickP30
22Boranbay, SerraP47
23Boyer, MarcelP7
24Bradford, AnuP13
25Bremzen, AndreiP64
26Brennan, ThomasP28
27Cai, JieP10
28Calandrillo, SteveP42
29Candeub, AdamP48
30Chakraborty, SuparnaP29
31Chandrasekher, AndreaP24
32Chang, Yun-chienP41
33Chang, HowardP63
34Chen, BrianP12
35CHIOU, Jing-YuanP8
36Choi, AlbertP22
37Coates IV, JohnP10, P51
38Cohen, AlmaP67
39Cooter, RobertP21
40Cox, AdamP43
41Cumming, DouglasP58, P67
42Dana, DavidP39
43Dari-Mattiacci, GiuseppeP45, P43
44Daughety, AndrewP62
45de Figueiredo, MiguelP60
46DeAngelo, GregoryP35
47DiCola, PeterP55
48Duchene, AnneP62
49Dusek, LiborP24
50Edlin, AaronP1
51Edwards, GriffinP45
52Eisenberg, TheodoreP31
53Fahn, MatthiasP64
54Falaschetti, DinoP43
55Falato, AntonioP34
56Felsö, FlóraP27
57Ferrer, RosaP25
58Ferri, FabrizioP20
59Fischman, JoshuaP40
60Fleischer, VictorP28
61Fox, MerrittP65
62Frakes, MichaelP9
63Francis, AndrewP49
64Franzoni, LuigiP50
65Freeborn, BethP36
66Fridolfsson, Sven-OlofP1
67Fried, JesseP34
68Friedman, EzraP1, P25
69Friehe, TimP68
70Galle, BrianP56
71Garoupa, NunoP60
72Gazal, OrenP49
73Gedal, MichaelP29
74Gelter, MartinP60
75Ghent, AndraP53
76Gilbert, MichaelP31
77Givati, YehonatanP41
78Gomez, FernandoP45
79Gordon, JeffreyP61
80Grajzl, PeterP47, P56
81Grechenig, KristoffelP38
82Griffee, RyanP17
83Guzman, AndrewP13
84Hadfield, GillianP27
85Hagedoorn, JohnP50
86Hanlon, MichaelP48
87Hansmann, HenryP23
88Hanssen, F. AndrewP15
89Hart, OliverP61
90Helland, EricP12
91Helmchen, LorensP9
92Hersch, JoniP26
93Hoppe, EvaP14
94Hua, XinyuP68
95Huang, PeterP46
96Humphèry, MarkP31
97Hylton, KeithP16, C32
98Kadyrzhanova, DalidaP10
99Kalpathy, SwaminathanP51
100Kelly, DanielP63
101Klement, AlonC25, P44
102Kwok, DavidP52
103landes, williamP40
104Lando, HenrikP19
105Lavie, ShayP54
106Licht, AmirP58
107Listokin, YairP22, P61
108Litvak, KateP62
109Liu, ElaineP9
110lobel, orlyP18
111Lubben, StephenP4
112Ludwig, JensP5
113Lueck, DeanP55, P63
114Luppi, BarbaraP15, P22
115MacLeod, W.P18
116Mann, RonaldP11
117Manne, HenryP58
118Margalioth, YoramP37
119Marotta-Wurgler, FlorenciaP17
120Mastrobuoni, GiovanniP42
121Masur, JonathanP46, P59
122McCannon, BryanP66
123McCarthy, NancyP66
124McIntyre, FrankP11
125Miles, ThomasP24
126Miller, AlanP55
127Mobbs, ShawnP51
128Mocan, H.P5
129Nash, JonathanP56
130Niblett, AnthonyP6
131NICITA, ANTONIOP14
132O'Reilly, TerryP26
133Oded, SharonP52
134Ofir, MoranP53
135Ottoz, ElisabettaP8
136Persico, NicolaP54
137Piehl, AnneP52
138Porat, ArielP33
139Prescott, J.J.P16
140Pritchard, AdamP57, P65
141Rasmusen, EricP39
142Ribstein, LarryP27
143Rizzolli, MatteoP38
144Roth, LukasP65
145Sadka, JoyceP54
146Saez, Maria IsabelP30
147Sander, RichardP49
148Schwartz, AlanP33
149Shavell, StevenP8
150Shepherd, JoannaP15
151Shmueli, BenjaminP26
152Short, JodiP3
153Sigurdsson, GustavP4
154Skiba, PaigeP11
155Staudt, NancyP6
156Stein, AlexP21, P35
157Stone, RebeccaP2
158Stremitzer, AlexanderP19, P14, P68
159Svatikova, KatarinaP35
160Taha, AhmedP53
161Talley, EricP40
162Teitelbaum, JoshuaP44
163Tor, AvishalomP2
164Trachtman, JoelP13
165Triantis, GeorgeC27
166Uras, RasimP7
167Vars, FredrickP66
168Viscusi, W. KipP37, P57
169Volokh, AlexanderP44
170Wax, AmyP48
171Webber, DavidP57
172Weiss, UriP16
173White, MichelleP29
174Wickelgren, AbrahamP32
175Wilkinson-Ryan, TessP38
176Williams, DougP36
177Wittman, DonaldP18
178Wolfers, JustinP46
179Wonnell, ChrisP47
180Wright, JoshuaP32
181Zanarone, GiorgioP41, P64
182Zhang, LihuiP5
183Zur, EmanuelP3, P20

 

This program was last updated on 2010-05-27 15:19:53 EDT