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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

 

SUMMER INSTITUTE 2011

 

Law and Economics Workshop

 

Christine Jolls, Organizer

 

Louis Kaplow, Bentley MacLeod, and Justin Wolfers, Session Chairs

 

July 27 - 28, 2011

 

Royal Sonesta Hotel

University BC

40 Edwin H. Land Boulevard

Cambridge, Massachusetts

 

PROGRAM

 

Wednesday, July 27:

 

 

MORNING SESSION (CHAIRED BY LOUIS KAPLOW)

 

 

7:45 am

Breakfast

 

 

8:30 am

Raghavendra Rau, Judge Business School, University of Cambridge

 

(Joint with Steven Yan-Leung Cheung, City University of Hong Kong, and Aris Stouraitis, Hong Kong Baptist University)

 

Which Firms Benefit from Bribes, and How Much? Evidence from Corruption Cases Worldwide

 

 

 

Discussant: Mark Schankerman, London School of Economics

 

 

9:25 am

Leah Brooks, University of Toronto

 

(Joint with Byron Lutz, Federal Reserve Board of Governors)

 

Do We Need Eminent Domain? An Empirical Investigation of Urban Land Assembly

 

 

 

Discussant: Edward Glaeser, Harvard University and NBER

 

 

10:20 am

Break

 

 

10:40 am

Shmuel Leshem, University of Southern California Law School

 

(Joint with Ehud Guttel, Duke University Law School)

 

Buying the Right to Harm: The Economics of Buyouts

 

 

 

Discussant: Ryan Bubb, NYU School of Law

 

 

11:35 am

Lunch



 

AFTERNOON SESSION (CHAIRED BY BENTLEY MacLEOD)

Special Session on Corporate Governance:

 

 

1:15 pm

Yonca Ertimur, Fuqua School of Business, Duke University

 

(Joint with Fabrizio Ferri, Stern School, New York University)

 

Does the Director Election System Matter? Evidence from Majority Voting

 

 

 

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

 

 

2:10 pm

John Zhu, Wharton School, University of Pennsylvania

 

(Joint with Alex Edmans, Wharton School, University of Pennsylvania and NBER and Itay Goldstein, Wharton School, University of Pennsylvania)

 

Contracting With Synergies

 

 

 

Discussant: Alan Schwartz, Yale Law School

 

 

3:05 pm

Break


Special Session on Corporate Governance (continued):

 

 

3:25 pm

Viral Acharya, Stern School, New York University and NBER

 

(Joint with Marco Pagano, Centre for Studies in Economics and Finance, and Paolo Volpin, London Business School)

 

Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent

 

 

 

Discussant: Rohan Pitchford, Australian National University

 

 

4:20 pm

Jun Yang, Kelley School of Business, Indiana University

 

(Joint with Daniel Sungyeon Kim, Kelley School of Business, Indiana University)

 

Beating the Target: A Closer Look at Annual Incentive Plans

 

 

 

Discussant: Roberta Romano, Yale Law School and NBER

 

 

5:15 pm

Adjourn

 

 

6:00 pm

Dinner - Bambara Restaurant, 25 Edwin H. Land Blvd., Cambridge

 

Thursday, July 28:

8:00 am

Coffee and Pastries

 

 

8:15 am

Bard Harstad, Kellogg School of Management, Northwestern University and NBER

 

The Market for Conservation and Other Hostages

 

 

 

Discussant: Christopher Snyder, Dartmouth College and NBER

 

 

MORNING SESSION - JOINT WITH CRIME GROUP

 

 

9:00 am

Daniel S. Nagin, Carnegie Mellon University

 

G. Matthew Snodgrass, Carnegie Mellon University

 

The Effect of Incarceration on Offending: Evidence from a Natural Experiment in Pennsylvania

 

 

 

Discussant: Ilyana Kuziemko, Princeton University and NBER

 

 

10:00 am

Sarath Sanga, University of California at Berkeley

 

Officer Race and Police Outcomes

 

 

 

Discussant: Kerwin Charles, University of Chicago and NBER

 

 

11:00 am

Break

 

 

11:15 am

Benjamin A. Olken, Massachusetts Institute of Technology and NBER

 

Robin Burgess, London School of Economics

 

Stefanie Sieber, London School of Economics

 

The Political Economy of Deforestation in the Tropics

 

 

 

Discussant: Subhrendu Pattanayak, Duke University

 

 

12:15 pm

Lunch

 

 

AFTERNOON SESSION (CHAIRED BY.JUSTIN WOLFERS)


Special Session on Discrimination:

 

 

12:45 pm

Amalia R. Miller, University of Virginia

 

(Joint with David A. Matsa, Kellogg School of Management, Northwestern University)

 

A Female Style in Corporate Leadership? Evidence from Quotas

 

 

 

Discussant: Justin Wolfers, Wharton School, University of Pennsylvania and NBER

 

 

1:40 pm

Asaf Zussman, Hebrew University of Jerusalem

 

On the Sources of Discrimination against Minorities in the Marketplace: Evidence from Israel

 

 

 

Discussant: Devin Pope, Booth School, University of Chicago and NBER

 

 

2:35 pm

Break

 

 

2:55 pm

Andrew F. Daughety, Vanderbilt University

 

Jennifer F. Reinganum, Vanderbilt University

 

Search, Bargaining, and Agency in the Market for Legal Services

 

 

 

Discussant: Oliver Hart, Harvard University and NBER

 

 

3:50 pm

Daniel L. Chen, Duke University Law School

 

(Joint with David S. Abrams, University of Pennsylvania Law School)

 

A Market for Justice: A First Empirical Look at the Effect of Third Party Litigation Funding on Legal Outcomes

 

 

 

Discussant: Richard Boylan, Rice University

 

 

4:45 pm

Adjourn