NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

SUMMER INSTITUTE 2010

 

Law and Economics Workshop

 

Christine Jolls, Organizer

 

Royal Sonesta Hotel
University BC

40 Edwin H. Land Boulevard

Cambridge, Massachusetts

 

July 28 - 29, 2010

 

PROGRAM

 

TUESDAY, JULY 27:

 

 

6:00 pm

Group Dinner at Bambara Restaurant, 25 Edwin H. Land Boulevard,

 

Cambridge (across the street from the Royal Sonesta Hotel)

 

 

WEDNESDAY, JULY 28:

 

 

8:00 am

Coffee and Pastries

 

 

8:30 am

Bentley MacLeod, Columbia University and NBER

 

(Joint with Daniel Carvell, Columbia University, and Janet Currie, Columbia

 

University and NBER)

 

Accidental Death and the Rule of Joint and Several Liability

 

 

 

Discussant:  Kathryn Spier, Harvard Law School and NBER

 

 

9:25 am

Marianne Bertrand, Booth School of Business, University of Chicago,

 

and NBER

 

(Joint with Adair Morse, Booth School of Business, University of Chicago)

 

Information Disclosure, Cognitive Biases and Payday Borrowing

 

 

 

Discussant:  Brigitte Madrian, Kennedy School of Government, Harvard University, and NBER

 

 

10:20 am

Break

 

 

 

Special Session on Consumer Behavior

 

 

10:35 am

Marco Ottaviani, Kellogg School of Management, Northwestern

 

University

 

(Joint with Roman Inderst, Johann Wolfgang Goethe University Frankfurt and Imperial College London)

 

How (Not) to Pay for Advice

 

 

 

Discussant:  Oliver Hart, Harvard University and NBER

 

 

11:30 am

Jonathan Zinman, Dartmouth College

 

(Joint with Victor Stango, UC-Davis and NBER)

 

Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Penalty Fees

 

 

 

Discussant:  Paul Oyer, Stanford Graduate School of Business and NBER


 

12:25 pm

Lunch

 

 

1:15 pm

Asaf Zussman, The Hebrew University of Jerusalem

 

(Joint with Moses Shayo, The Hebrew University of Jerusalem)

 

Judicial Ingroup Bias in the Shadow of Terrorism

 

 

 

Discussant:  Christine Jolls, Yale Law School and NBER

 

 

2:10 pm

Louis Kaplow, Harvard Law School and NBER

 

On the Optimal Burden of Proof

 

 

 

Discussant:  Suzanne Scotchmer, UC-Berkeley and NBER

 

 

3:05 pm

Break

 

 

3:20 pm

Andrew F. Daughety and Jennifer Reinganum, Vanderbilt

 

University

 

A Dynamic Model of Lawsuit Joinder and Settlement

 

 

 

Discussant:  Bruno Deffains, Université Paris X

 

 

4:15 pm

Adjourn

 

 

6:30 pm

Clambake, Harvard Faculty Club, 20 Quincy Street, Cambridge, MA

 

 

THURSDAY, JULY 29:

 

 

8:00 am

Coffee and Pastries

 

 

8:30 am

Irma Clots-Figueras, Universidad Carlos III de Madrid

 

(Joint with Ciro Avitabile, University of Naples Federico II, and Paolo Masella, University of Mannheim)

 

The Effect of Birthright Citizenship on Parental Integration Outcomes

 

 

 

Discussant:  Joseph Doyle, Sloan School, MIT, and NBER

 

 

9:25 am

Tomasz Piskorski, Columbia Business School

 

(Joint with Christopher Mayer, Columbia Business School and NBER; Edward Morrison, Columbia Law School; and Arpit Gupta, Columbia Law School)

 

Mortgage Modification and Strategic Default: Evidence from a Legal Settlement with Countrywide

 

 

 

Discussant:  Monica Singhal, Kennedy School of Government, Harvard University, and NBER

 

 

10:20 am

Break

 

 

10:35 am

Michelle J. White, UC-San Diego and NBER

 

(Joint with Wenli Li, Federal Reserve Bank of Philadelphia, and Ning Zhu, UC-Davis)

 

Did Bankruptcy Reform Cause Mortgage Defaults to Rise?

 

 

 

Discussant:  Paul Willen, Federal Reserve Bank of Boston and NBER

 

 

11:30 am

Giovanni Mastrobuoni, Collegio Carlo Alberto

 

Everybody Stay Cool, This Is a Robbery

 

 

 

Discussant:  Jens Ludwig, School of Social Service Administration, University of Chicago, and NBER

 

 

12:25 pm

Lunch

 

 

 

Special Session on Corporate Governance

 

 

1:15 pm

Camelia Kuhnen, Kellogg School of Management, Northwestern University

 

(Joint with Alexandra Niessen, University of Mannheim)

 

Is Executive Compensation Shaped by Public Attitudes?

 

 

 

Discussant:  Darius Palia, Rutgers Business School

 

 

2:10 pm

Alex Edmans, Wharton School, University of Pennsylvania

 

(Joint with Xavier Gabaix, Stern School, New York University, and NBER)

 

The Effect of Risk on the CEO Market

 

 

 

Discussant:  Richard Holden, Booth School of Business, University of Chicago, and NBER

 

 

3:05 pm

Break

 

 

3:20 pm

Samuel Lee, Stern School, New York University

 

(Joint with Petra Persson, Columbia University)

 

Authority Versus Loyalty: Social Incentives and Modes of Governance

 

 

 

Discussant:  Allen Ferrell, Harvard Law School

 

 

4:15 pm

Yuhai Xuan, Harvard Business School

 

(Joint with Chen Lin, City University of Hong Kong; Yue Ma, Lingnan

 

University, Hong Kong; and Paul Malatesta, University of Washington)

 

Ownership Structure and the Cost of Corporate Borrowing

 

 

 

Discussant:  Yair Listokin, Yale Law School

 

 

5:10 pm

Adjourn