NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Law and Economics Archive

NBER Papers in Law and Economics


2007
w13702 Lucian A. Bebchuk
Zvika Neeman

Investor Protection and Interest Group Politics

w13701 Lucian A. Bebchuk
Martijn Cremers
Urs Peyer

CEO Centrality

w13700 Alma Cohen
Rajeev Dehejia
Dmitri Romanov

Do Financial Incentives Affect Fertility?

w13687 Edward L. Glaeser
Cass R. Sunstein

Extremism and Social Learning

w13599 W. Kip Viscusi
Joni Hersch

The Mortality Cost to Smokers

w13564 Steven Shavell
Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation

w13563 Steven Shavell
On Optimal Legal Change, Past Behavior, and Grandfathering

w13562 Aaron Edlin
Andrew Gelman
Noah Kaplan

Voting as a Rational Choice: Why and How People Vote to Improve the Well-Being of Others

w13561 Tomas J. Philipson
Eric Sun

Is the Food and Drug Administration Safe and Effective?

w13540 Oliver Hart
Hold-up, Asset Ownership, and Reference Points

w13481 Oliver D. Hart
Reference Points and the Theory of the Firm

w13480 Edward P. Lazear
Paul Oyer

Personnel Economics

w13459 John M. de Figueiredo
Brian S. Silverman

How Does the Government (Want to) Fund Science? Politics, Lobbying and Academic Earmarks

w13458 Michael Greenstone
Is the "Surge" Working? Some New Facts

w13330 Raj Chetty
Adam Looney
Kory Kroft

Salience and Taxation: Theory and Evidence

w13321 Pablo T. Spiller
Rafael Gely

Strategic Judicial Decision Making

w13291 Joseph J. Doyle
Jr.

Child Protection and Adult Crime: Using Investigator Assignment to Estimate Causal Effects of Foster Care

w13267 Oren Bar-Gill
Lucian A. Bebchuk

Consent and Exchange

w13265 Michelle J. White
Bankruptcy Reform and Credit Cards

w13257 Jeffrey A. Miron
Elina Tetelbaum

Does the Minimum Legal Drinking Age Save Lives?

w13256 Jerry Thursby
Anne Fuller
Marie Thursby

US Faculty Patenting: Inside and Outside the University

w13253 Ricard Gil
Pablo T. Spiller

The Organizational Implications of Creativity: The US Film Industry in Mid-XXth Century

w13230 Christine Jolls
Employment Law and the Labor Market

w13229 Kristin F. Butcher
Anne Morrison Piehl

Why are Immigrants' Incarceration Rates so Low? Evidence on Selective Immigration, Deterrence, and Deportation

w13213 Christopher Avery
Christine Jolls
Richard Posner
Alvin E. Roth

The New Market for Federal Judicial Law Clerks

w13206 Joseph Price
Justin Wolfers

Racial Discrimination Among NBA Referees

w13142 Robert A. Pollak
Bargaining Around the Hearth

w13141 Carl Shapiro
Patent Reform: Aligning Reward and Contribution

w13109 Timothy Guinnane
Ron Harris
Naomi R. Lamoreaux
Jean-Laurent Rosenthal

Putting the Corporation in its Place

w13093 Eric Hilt
When did Ownership Separate from Control? Corporate Governance in the Early Nineteenth Century

w13067 William Adams
Liran Einav
Jonathan Levin

Liquidity Constraints and Imperfect Information in Subprime Lending

w12952 Yael V. Hochberg
Paola Sapienza
Annette Vissing-Jorgensen

A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002

w12944 Betsey Stevenson
Justin Wolfers

Marriage and Divorce: Changes and their Driving Forces

w12932 Patrick Bayer
Randi Hjalmarsson
David Pozen

Building Criminal Capital behind Bars: Peer Effects in Juvenile Corrections

w12913 Nicola Gennaioli
Andrei Shleifer

Overruling and the Instability of Law

w12902 Dennis W. Carlton
Randal C. Picker

Antitrust and Regulation

w12879 Christine Jolls
Behavioral Law and Economics

w12875 Benjamin E. Hermalin
Michael S. Weisbach

Transparency and Corporate Governance

w12867 Louis Kaplow
Carl Shapiro

Antitrust

w12860 David H. Autor
William R. Kerr
Adriana D. Kugler

Do Employment Protections Reduce Productivity? Evidence from U.S. States

w12831 Alberto Abadie
Alexis Diamond
Jens Hainmueller

Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California's Tobacco Control Program

w12821 Howard C. Kunreuther
Erwann O. Michel-Kerjan

Climate Change, Insurability of Large-scale Disasters and the Emerging Liability Challenge

w12818 Raymond Fisman
Peter Moustakerski
Shang-Jin Wei

Outsourcing Tariff Evasion: A New Explanation for Entrepot Trade


2006
w12811 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky Directors

w12807 Simeon Djankov
Oliver Hart
Caralee McLiesh
Andrei Shleifer

Debt Enforcement Around the World

w12803 Allan Begosh
John Goldsmith
Ed Hass
Randall W. Lutter
Clark Nardinelli
John A. Vernon

Black Box Warnings and Drug Safety: Examining the Determinants and Timing of FDA Warning Labels

w12798 Michael S. Weisbach
Optimal Executive Compensation vs. Managerial Power: A Review of Lucian Bebchuk and Jesse Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation"

w12776 A. Mitchell Polinsky
Steven Shavell

Mandatory Versus Voluntary Disclosure of Product Risks

w12771 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky CEOs

w12706 Oliver Hart
John Moore

Contracts as Reference Points

w12702 Alvin E. Roth
Repugnance as a Constraint on Markets

w12679 Nicola Gennaioli
Andrei Shleifer

Judicial Fact Discretion

w12676 Joseph H. Golec
John A. Vernon

European Pharmaceutical Price Regulation, Firm Profitability, and R&D Spending

w12625 Ram Singh
On the Existence and Efficiency of Equilibria Under Liability Rules

w12622 Charles Calomiris
Thanavut Pornrojnangkool

Relationship Banking and the Pricing of Financial Services

w12607 Theodore J. Joyce
Further Tests of Abortion and Crime: A Response to Donohue and Levitt (2001,2004, 2006)

w12604 Christopher R. Knittel
Victor Stango

Strategic Incompatibility in ATM Markets

w12582 W. Kip Viscusi
Richard J. Zeckhauser

National Survey Evidence on Disasters and Relief: Risk Beliefs, Self-Interest, and Compassion

w12578 Darius Lakdawalla
Eric Talley

Optimal Liability for Terrorism

w12519 Steven D. Levitt
Joseph J. Doyle

Evaluating the Effectiveness of Child Safety Seats and Seat Belts in Protecting Children from Injury

w12490 Jennifer Hunt
How Corruption Hits People When They Are Down

w12478 Janet Currie
W. Bentley MacLeod

First Do No Harm?: Tort Reform and Birth Outcomes

w12410 Jonathan Gruber
Daniel M. Hungerman

The Church vs the Mall: What Happens When Religion Faces Increased Secular Competition?

w12409 Jens Ludwig
Jeffrey R. Kling

Is Crime Contagious?

w12375 Alberto Alesina
Paola Giuliano

Divorce, Fertility and the Shot Gun Marriage

w12348 W. Kip Viscusi
Patricia Born

The Catastrophic Effects of Natural Disasters on Insurance Markets

w12339 Louis Kaplow
Optimal Control of Externalities in the Presence of Income Taxation

w12312 Raymond Fisman
Edward Miguel

Cultures of Corruption: Evidence From Diplomatic Parking Tickets

w12294 W. Kip Viscusi
Rational Discounting for Regulatory Analysis

w12253 Leigh L. Linden
Jonah E. Rockoff

There Goes the Neighborhood? Estimates of the Impact of Crime Risk on Property Values From Megan's Laws

w12239 Louis Kaplow
Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency

w12209 Pablo T. Spiller
Sanny Liao

Buy, Lobby or Sue: Interest Groups' Participation in Policy Making - A Selective Survey

w12148 Stephen M. Maurer
Suzanne Scotchmer

Open Source Software: The New Intellectual Property Paradigm

w12132 Tomas J. Philipson
Richard A. Posner

Antitrust in the Not-For-Profit Sector

w12157 Paul Oyer
The Macro-Foundations of Microeconomics: Initial Labor Market Conditions and Long-Term Outcomes for Economists

w12128 Edward Glaeser
Giacomo Ponzetto
Andrei Shleifer

Why Does Democracy Need Education?

w12093 Raghuram G. Rajan
Competitive Rent Preservation, Reform Paralysis, and the Persistence of Underdevelopment

w12086 Patricia Born
W. Kip Viscusi
Tom Baker

The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses

w12061 Louis Kaplow
Taxation

w12035 Michael D. Bordo
Peter L. Rousseau

Legal-Political Factors and the Historical Evolution of the Finance-Growth Link

w12010 Rafael Rob
Joel Waldfogel

Piracy on the Silver Screen

w11992 Sergio Godoy
Joseph Stiglitz

Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries: 11 Years Later

w11989 Justin Wolfers
Diagnosing Discrimination: Stock Returns and CEO Gender

w11987 John J. Donohue
Steven D. Levitt

Measurement Error, Legalized Abortion, and the Decline in Crime: A Response to Foote and Goetz (2005)

w11982 John J. Donohue III
Justin Wolfers

Uses and Abuses of Empirical Evidence in the Death Penalty Debate

w11965 Atila Abdulkadiroglu
Parag Pathak
Alvin E. Roth
Tayfun Sonmez

Changing the Boston School Choice Mechanism

w11935 W. Kip Viscusi
Joel Huber

Hyperbolic Discounting of Public Goods

w11916 Orley Ashenfelter
Measuring the Value of a Statistical Life: Problems and Prospects


2005
w11883 Simeon Djankov
Rafael LaPorta
Florencio Lopez-de-Silanes
Andrei Shleifer

The Law and Economics of Self-Dealing

w11863 W. Kip Viscusi
Richard Zeckhauser

The Perception and Valuation of the Risks of Climate Change: A Rational and Behavioral Blend

w11817 Paul Oyer
Salary or Benefits?

w11793 David G. Blanchflower
Jon Wainwright

An Analysis of the Impact of Affirmative Action Programs on Self-Employment in the Construction Industry

w11789 Edward L. Glaeser
Paternalism and Psychology

w11781 Steven Shavell
Liability for Accidents

w11780 A. Mitchell Polinsky
Steven Shavell

The Theory of Public Enforcement of Law

w11738 Christine Jolls
Cass R. Sunstein

Debiasing through Law

w11737 Philip J. Cook
Jens Ludwig
Sudhir Venkatesh
Anthony A. Braga

Underground Gun Markets

w11727 David S. Evans
Albert L. Nichols
Richard Schmalensee

U.S. v. Microsoft: Did Consumers Win?

w11667 Howard F. Chang
Hilary Sigman

The Effect of Joint and Several Liability Under Superfund on Brownfields

w11659 Thomas J. Kniesner
W. Kip Viscusi
Christopher Woock
James P. Ziliak

How Unobservable Productivity Biases the Value of a Statistical Life

w11631 John J. Donohue III
The Law and Economics of Antidiscrimination Law

w11595 Jennifer Hunt
Why Are Some Public Officials more Corrupt Than Others?

w11591 Steven D. Levitt
Evidence that Seat Belts are as Effective as Child Safety Seats in Preventing Death for Children Aged Two and Up

w11536 Michelle J. White
Economic Analysis of Corporate and Personal Bankruptcy Law

w11532 Yooki Park
Suzanne Scotchmer

Digital Rights Management and the Pricing of Digital Products

w11502 Ross Levine
Law, Endowments, and Property Rights

w11478 Michael Greenstone
Paul Oyer
Annette Vissing-Jorgensen

Mandated Disclosure, Stock Returns, and the 1964 Securities Acts Amendments

w11318 Roland G. Fryer
Paul S. Heaton
Steven D. Levitt
Kevin M. Murphy

Measuring the Impact of Crack Cocaine

w11317 Matias Iaryczower
Pablo Spiller
Mariano Tommasi

Judicial Lobbying: The Politics of Labor Law Constitutional Interpretation

w11284 Steven Shavell
Contracts, Holdup, and Legal Intervention

w11265 Nicola Gennaioli
Andrei Shleifer

The Evolution of Precedent

w11227 A. Mitchell Polinsky
Daniel L. Rubinfeld

A Damage-Revelation Rationale for Coupon Remedies

w11213 Suzanne Scotchmer
Affirmative Action in Hierarchies

w11108 Nada Wasi
Michelle J. White

Property Tax Limitations and Mobility: The Lock-in Effect of California's Proposition 13

w11086 Charles T. Clotfelter
Helen F. Ladd
Jacob L. Vigdor

Federal Oversight, Local Control, and the Specter of "Resegregation" in Southern Schools

w11078 Simeon Djankov
Caralee McLiesh
Andrei Shleifer

Private Credit in 129 Countries


2004
w10972 Bruce Hay
Kathryn E. Spier

Manufacturer Liability for Harms Caused by Consumers to Others

w10947 Nicola Persico
Petra Todd

Using Hit Rate Tests to Test for Racial Bias in Law Enforcement: Vehicle Searches in Wichita

w10946 Robert Bornholz
James J. Heckman

Measuring Disparate Impacts and Extending Disparate Impact Doctrine to Organ Transplantation

w10943 Xinyu Hua
Kathryn E. Spier

Information and Externalities in Sequential Litigation

w10874 Rafael Rob
Joel Waldfogel

Piracy on the High C's: Music Downloading, Sales Displacement, and Social Welfare in a Sample of College Students

w10859 Alberto Abadie
Poverty, Political Freedom, and the Roots of Terrorism

w10825 Daniel P. Kessler
Daniel L. Rubinfeld

Empirical Study of the Civil Justice System

w10821 Edward L. Glaeser
Raven Saks

Corruption in America

w10795 Orley Ashenfelter
Kathryn Graddy

Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's

w10791 Matthew Gentzkow
Edward L. Glaeser
Claudia Goldin

The Rise of the Fourth Estate: How Newspapers Became Informative and Why It Mattered

w10775 Edward L. Glaeser
Claudia Goldin

Corruption and Reform: An Introduction

w10761 A. Mitchell Polinsky
The Optimal Use of Fines and Imprisonment When Wealth is Unobservable

w10760 A. Mitchell Polinsky
Optimal Fines and Auditing When Wealth is Costly to Observe

w10754 Steven Shavell
The Appeals Process and Adjudicator Incentives

w10742 Lucian Arye Bebchuk
Jesse M. Fried

Stealth Compensation Via Retirement Benefits

w10740 Christine Jolls
J.J. Prescott

Disaggregating Employment Protection: The Case of Disability Discrimination

w10709 Katherine Baicker
Amitabh Chandra

The Effect of Malpractice Liability on the Delivery of Health Care

w10708 Christine Jolls
The Role and Functioning of Public-Interest Legal Organizations in the Enforcement of the Employment Laws

w10589 Raquel Fernandez
Alessandra Fogli
Claudia Olivetti

Preference Formation and the Rise of Women's Labor Force Participation: Evidence from WWII

w10588 John M. de Figueriedo
The Timing, Intensity, and Composition of Interest Group Lobbying: An Analysis of Structural Policy Windows in the States

w10587 Lucian Bebchuk
Alma Cohen

The Costs of Entrenched Boards

w10553 John M. de Figueiredo
James J. Kim

When Do Firms Hire Lobbyists? The Organization of Lobbying at the Federal Communications Commission

w10546 Stephen M. Maurer
Suzanne Scotchmer

Profit Neutrality in Licensing: The Boundary between Antitrust Law and Patent Law

w10528 Christine Jolls
Identifying the Effects of the Americans with Disabilities Act Using State-Law Variation: Preliminary Evidence on Educational Participation Effects

w10499 David G. Blanchflower
Andrew J. Oswald

Money, Sex, and Happiness: An Empirical Study

w10490 Louis Kaplow
On the (Ir)Relevence of Distribution and Labor Supply Distortion of Government Policy

w10460 Naci Mocan
What Determines Corruption? International Evidence from Micro Data

w10401 Orley Ashenfelter
Michael Greenstone

Estimating the Value of a Statistical Life: The Importance of Omitted Variables and Publication Bias

w10350 Rachel M. Hayes
Paul Oyer
Scott Schaefer

Co-Worker Complemetarity and the Stability of Top Management Teams

w10346 B. Zorina Khan
Technological Innovations and Endogenous Changes in U.S. Legal Institutions, 1790-1920

w10341 Steven Shavell
Minimum Asset Requirements and Compulsory Liability Insurance As Solutions to the Judgment-Proof Problem

w10312 Edward L. Glaeser
Eric A. Hanushek
John M. Quigley

Opportunities, Race, and Urban Location: The Influence of John Kain

w10308 Michelle J. White
Asbestos and the Future of Mass Torts

w10271 B. Zorina Khan
Does Copyright Piracy Pay? The Effects of U.S. International Copyright Laws on the Market for Books, 1790-1920

w10269 Andrei Shleifer
Does Competition Destroy Ethical Behavior?

w10266 Thomas J. Kniesner
James P. Ziliak
W. Kip Viscusi

Life-Cycle Consumption and the Age-Adjusted Value of Life

w10222 Paul Oyer
Scott Schaefer

Why Do Some Firms Give Stock Options to All Employees?: An Empirical Examination of Alternative Theories

w10221 Paul Oyer
Scott Schaefer

Compensating Employees Below the Executive Ranks: A Comparison of Options, Restricted Stock, and Cash

w10203 Edward L. Glaeser
Psychology and the Market

w10199 Joseph E. Aldy
W. Kip Viscusi

Age Variations in Workers' Value of Statistical Life


2003
w10190 Lucian Arye Bebchuk
Why Firms Adopt Antitakeover Arrangements

w10175 Betsey Stevenson
Justin Wolfers

Bargaining in the Shadow of the Law: Divorce Laws and Family Distress

w10162 A. Mitchell Polinsky
Daniel L. Rubinfeld

Remedies for Price Overcharges: The Deadweight Loss of Coupons and Discounts

w10129 James Heckman
Carmen Pages

Law and Employment: Lessons from Latin America and the Caribbean

w10126 Thorsten Beck
Ross Levine

Legal Institutions and Financial Development

w10094 Steven Shavell
On the Writing and the Interpretation of Contracts

w10037 Daron Acemoglu
The Form of Property Rights: Oligarchic vs. Democratic Societies

w10014 Justin Wolfers
Did Unilateral Divorce Laws Raise Divorce Rates? A Reconciliation and New Results

w10005 Louis Kaplow
Concavity of Utility, Concavity of Welfare, and Redistribution of Income

w9942 Joel Waldfogel
Lu Chen

Does Information Undermine Brand? Information Intermediary Use and Preference for Branded Web Retailers

w9938 Roland G. Fryer
Steven D. Levitt

The Causes and Consequences of Distinctively Black Names

w9882 Rafael La Porta
Florencio Lopez-de-Silane
Andrei Shleifer

What Works in Securities Law?

w9842 Louis Kaplow
Public Goods and the Distribution of Income

w9805 Felix Oberholzer-Gee
Joel Waldfogel
Matthew White

Social Learning and Coordination in High-Stakes Games: Evidence from Friend or Foe

w9775 Rafael LaPorta
Florencio Lopez-de-Silane
Christian Pop-Eleches
Andrei Shleifer

Judicial Checks and Balances

w9756 Simeon Djankov
Rafael La Porta
Florencio Lopez-de-Silane
Andrei Shleifer
Juan Botero

The Regulation of Labor

w9733 Edward L. Glaeser
Matthew E. Kahn

Sprawl and Urban Growth

w9700 Steven Shavell
Economic Analysis of Welfare Economics, Morality and the Law

w9699 Steven Shavell
Economic Analysis of the General Structure of the Law

w9698 Steven Shavell
Economic Analysis of Public Law Enforcement and Criminal Law

w9697 Steven Shavell
Economic Analysis of Litigation and the Legal Process

w9696 Steven Shavell
Economic Analysis of Contract Law

w9695 Steven Shavell
Economic Analysis of Property Law

w9694 Steven Shavell
Economic Analysis of Accident Law

w9622 Louis Kaplow
Steven Shavell

Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice

w9608 Simeon Djankov
Edward L. Glaeser
Rafael La Porta
Florencio Lopez-de-Silane
Andrei Shleifer

The New Comparative Economics

w9603 Jeffrey A. Groen
Michelle J. White

In-State versus Out-of State Students: The Divergence of Interest between Public Universities and State Governments

w9602 Alma Cohen
Rajeev Dehejia

The Effect of Automobile Insurance and Accident Liability Laws in Traffic Fatalities

w9596 Louis Kaplow
Transition Policy: A Conceptual Framework

w9540 Dana P. Goldman
Neeraj Sood
Arleen Leibowitz

The Reallocation of Compensation in Response to Health Insurance Premium Increases

w9532 John J. Donohue III
Steven D. Levitt

Further Evidence that Legalized Abortion Lowered Crime: A Reply to Joyce

w9493 Andrei Shleifer
Will the Sovereign Debt Market Survive?

w9487 W. Kip Viscusi
Joseph E. Aldy

The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World

w9483 Steven Shavell
Economic Analysis of Accident Law

w9449 Steven D. Levitt
Testing Theories of Discrimination: Evidence from "Weakest Link"

w9425 David H. Autor
John J. Donohue III
Stewart J. Schwab

The Costs of Wrongful-Discharge Laws

w9422 Steven D. Levitt
How Do Markets Function? An Empirical Analysis of Gambling on the National Football League

w9414 Brian A. Jacob
Steven D. Levitt

Catching Cheating Teachers: The Results of an Unusual Experiment in Implementing Theory

w9413 Brian A. Jacob
Steven D. Levitt

Rotten Apples: An Investigation of the Prevalence and Predictors of Teacher Cheating

w9409 Stephen Ansolabehere
John M. de Figueiredo
James M. Snyder

Why Is There So Little Money in Politics?


2002
w9380 Lucian Bebchuk
Alma Cohen
Allen Ferrell

Does the Evidence Favor State Competition in Corporate Law?

w9379 Thorsten Beck
Asli Demirguc-Kunt
Ross Levine

Law and Finance: why Does Legal Origin Matter?

w9362 Michelle J. White
Explaining the Flood of Asbestos Litigation: Consolidation, Bifurcation, and Bouquet Trials

w9342 Louis Kaplow
Why Measure Inequality?

w9340 Wei Fan
Michelle J. White

Personal Bankruptcy and the Level of Entrepreneurial Activity

w9336 Ian Ayres
John J. Donohue III

Shooting Down the More Guns, Less Crime Hypothesis

w9335 Steven Shavell
Minimum Asset Requirements

w9302 Michelle J. White
The "Arms Race" on American Roads: The Effect of Heavy Vehicles on Traffic Safety and the Failure of Liability Rules

w9282 Karla Hoff
Joseph E. Stiglitz

After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies

w9150 Edward L. Glaeser
Andrei Shleifer

The Injustice of Inequality

w9171 Edward L. Glaeser
The Political Economy of Hatred

w9156 Oren Bar-Gill
Michal Barzuza
Lucian Bebchuk

The Market for Corporate Law

w9153 Edward L. Glaeser
Bruce I. Sacerdote
Jose A. Scheinkman

The Social Multiplier

w9114 Suzanne Scotchmer
The Political Economy of Intellectual Property Treaties

w9107 Lucian Bebchuk
Alma Cohen

Firms' Decisions Where to Incorporate

w9089 Thorsten Beck
Asli Demirguc-Kunt
Ross Levine

Law, Endowment, and Finance

w9078 Lucian Arye Bebchuk
The Case Against Board Veto in Corporate Takeovers

w9068 Lucian Arye Bebchuk
Jesse M. Fried
David I. Walker

Managerial Power and Rent Extraction in the Design of Executive Compensation

w9064 John M. de Figueiredo
Brian S. Silverman

Academic Earmarks and the Returns to Lobbying

w9010 Jeremy Berkowitz
Michelle J. White

Bankruptcy and Small Firms' Access to Credit

w8997 Orley Ashenfelter
Kathryn Graddy

Art Auctions: A Survey of Empirical Studies

w8989 Henry Hansmann
Daniel Kessler
Mark McClellan

Ownership Form and Trapped Capital in the Hospital Industry

w8981 John M. de Figueiredo
Rui J.P. de Figueiredo

The Allocation of Resources by Interest Groups: Lobbying, Litigation and Administrative Regulation

w8974 Lucian Arye Bebchuk
John C. Coates IV
Guhan Subramanian

The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy

w8921 Edward L. Glaeser
The Governance of Not-For-Profit Firms

w8873 Caroline M. Hoxby
School Choice and School Productivity (or Could School Choice be a Tide that Lifts All Boats?)

w8855 Caroline M. Hoxby
The Cost of Accountability

w8749 Robert Moffitt
The Temporary Assistance for Needy Families Program

w8703 Lucian Arye Bebchuk
Assaf Hamdani

Optimal Defaults for Corporate Law Evolution


2001
w8696 Edward L. Glaeser
Jesse M. Shapiro

Cities and Warfare: The Impact of Terrorism on Urban Form

w8688 Louis Kaplow
Steven Shavell

Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System

w8661 Lucian Arye Bebchuk
Jesse M. Fried
David I. Walker

Executive Compensation in America: Optimal Contracting or Extraction of Rents?

w8650 Edward L. Glaeser
Andrei Shleifer

The Rise of the Regulatory State

w8638 Avner Bar-Ilan
Bruce Sacerdote

The Response to Fines and Probability of Detection in a Series of Experiments

w8633 Lucian Bebchuk
Oliver Hart

Takeover bids vs. Proxy Fights in Contests for Corporate Control

w8613 Edward L. Glaeser
Public Ownership in the American City

w8489 Ilyana Kuziemko
Steven D. Levitt

An Empirical Analysis of Imprisoning Drug Offenders

w8479 Eric A. Hanushek
John F. Kain
Steven G. Rivkin

Disruption versus Tiebout Improvement: The Costs and Benefits of Switching Schools

w8388 Lucian Arye Bebchuk
Ex Ante Costs of Violating Absolute Priority in Bankruptcy

w8377 Raquel Fernandez
Education, Segregation and Marital Sorting: Theory and an Application to UK Data

w8276 Lucian Arye Bebchuk
Jesse M. Fried

A New Approach to Valuing Secured Claims in Bankruptcy

w8272 Edward L. Glaeser
Andrei Shleifer

Legal Origins

w8252 Felix Oberholzer-Gee
Joel Waldfogel

Electoral Acceleration: The Effect of Minority Population on Minority Voter Turnout

w8235 Lucian Arye Bebchuk
Omri Ben-Shahar

Pre-Contractual Reliance

w8184 Edward L. Glaeser
Andrei Shleifer

A Case for Quantity Regulation

w8148 Lucian Arye Bebchuk
Allen Ferrell

A New Approach to Takeover Law and Regulatory Competition

w8117 Edward L. Glaeser
Matthew E. Kahn

Decentralized Employment and the Transformation of the American City

w8089 Lucian Arye Bebchuk
David I. Walker

The Overlooked Corporate Finance Problems of a Microsoft Breakup

w8080 Bruce Sacerdote
Edward L. Glaeser

Education and Religion


2000
w8034 Edward L. Glaeser
Bruce Sacerdote

The Social Consequences of Housing

w8004 John Donohue
Steven Levitt

The Impact of Legalized Abortion on Crime

w7944 Lisa George
Joel Waldfogel

Who Benefits Whom in Daily Newspaper Markets?

w7798 Mark Duggan
Steven D. Levitt

Winning Isn't Everything: Corruption in Sumo Wrestling

w7728 Edward L. Glaeser
David Laibson
Bruce Sacerdote

The Economic Approach to Social Capital

w7726 John M. de Figueiredo
Emerson H. Tiller

The Structure and Conduct of Corporate Lobbying: How Firms Lobby the Federal Communications Commission

w7232 Lucian Arye Bebchuk
Allen Ferrell

Federalism and Takeover Law: The Race to Protect Managers from Takeovers

w6509 Lucian Arye Bebchuk
Howard F. Chang

The Effect of Offer-of-Settlement Rules on the Terms of Settlement

w6919 Lucian Arye Bebchuk
Christine Jolls

Managerial Value Diversion and Shareholder Wealth

w7614 Lucian Arye Bebchuk
Using Options to Divide Value in Corporate Bankruptcy

w7537 Daniel P. Kessler
Mark B. McClellan

Medical Liability, Managed Care, and Defensive Medicine

w7533 Daniel P. Kessler
Mark B. McClellan

How Liability Law Affects Medical Productivity

w7475 Randall S. Kroszner
Thomas Stratmann

Does Political Ambiguity Pay? Corporate Campaign Contributions and the Rewards to Legislator Reputation

w7469 Bruce Sacerdote
Peer Effects with Random Assignment: Results for Dartmouth Roommates


1999
w7454 Daniel P. Kessler
Lawrence Katz

Prevailing Wage Laws and Construction Labor Markets

w7391 Joel Waldfogel
Preference Externalities: An Empirical Study of Who Benefits Whom in Differentiated Product Markets

w7319 Randall S. Kroszner
Philip E. Strahan

Bankers on Boards: Monitoring, Conflicts of Interest, and Lender Liability

w7210 Steven D. Levitt
Jack Porter

Sample Selection in the Estimation of Air Bag and Seat Belt Effectiveness

w7203 Lucian Arye Bebchuk
A Rent-Protection Theory of Corporate Ownership and Control

w7121 John F. Helliwell
Robert D. Putnam

Education and Social Capital

w7106 Lucian Arye Bebchuk
Steven Shavell

Reconsidering Contractual Liability and the Incentive to Reveal Information

w7086 Mark Schankerman
Suzanne Scotchmer

Damages and Injunctions in the Protection of Proprietary Research Tools

w7080 Steven T. Berry
Joel Waldfogel

Mergers, Station Entry, and Programming Variety in Radio Broadcasting

w7051 Louis Kaplow
Steven Shavell

Any Non-Individualistic Social Welfare Function Violates the Pareto Principle

w6993 A. Mitchell Polinsky
Steven Shavell

The Economic Theory of Public Enforcement of Law

w6960 Louis Kaplow
Steven Shavell

Economic Analysis of Law

w6956 Steven Shavell
Tanguy van Ypersele

Rewards versus Intellectual Property Rights

w6954 Rajeev Dehejia
Program Evaluation as a Decision Problem

w6945 A. Mitchell Polinsky
Steven Shavell

Corruption and Optimal Law Enforcement

w6944 Steven D. Levitt
Jack Porter

Estimating the Effect of Alcohol on Driver Risk Using Only Fatal Accident Statistics

w6938 Lucian Arye Bebchuk
Marcel Kahan

The 'Lemons Effect' in Corporate Freeze-Outs

w6934 Aaron S. Edlin
Per-Mile Premiums for Auto Insurance


1998
w6784 John J. Donohue III
Steven D. Levitt

The Impact of Race on Policing, Arrest Patterns, and Crime

w6602 Edward L. Glaeser
Daniel P. Kessler
Anne Morrison Piehl

What Do Prosecutors Maximize? An Analysis of Drug Offenders and Concurrent Jurisdiction

w6592 Steven D. Levitt
Sudhir Alladi Venkatesh

An Economic Analysis of a Drug-Selling Gang's Finances

w6488 Jeffrey Milyo
Joel Waldfogel

The Effect of Price Advertising and Prices: Evidence in the Wake of 44 Liquormart

w6484 Daniel Kessler
Steven D. Levitt

Using Sentence Enhancements to Distinguish between Deterrence and Incapacitation

w6474 Lucian Arye Bebchuk
Negative Expected Value Suits

w6473 Lucian Arye Bebchuk
Chapter 11

w6472 Lucian Arye Bebchuk
Jesse Fried

The Uneasy Case for the Priority of Secured Claims in Bankruptcy: Further Thoughts and a Reply to Critics

w6409 Joel Waldfogel
Reconciling Asymmetric Information and Divergent Expectations Theories of Litigation

w6361 Jose Meade
Joel Waldfogel

Do Sentencing Guidelines Raise the Cost of Punishment?

w6346 Daniel P. Kessler
Mark McClellan

The Effects of Malpractice Pressure and Liability Reforms on Physicians' Perceptions of Medical Care


1997
w6297 Jean O. Lanjouw
Mark Schankerman

Stylized Facts of Patent Litigation: Value, Scope and Ownership

w6274 Raghuram G. Rajan
Luigi Zingales

Power in a Theory of the Firm

w6261 Daniel P. Kessler
Anne Morrison Piehl

The Role of Discretion in the Criminal Justice System

w6259 A. Mitchell Polinsky
Steven Shavell

On the Disutility and Discounting of Imprisonment and the Theory of Deterrence

w6191 Steven D. Levitt
Juvenile Crime and Punishment

w6086 Aaron S. Edlin
Benjamin E. Hermalin

Contract Renegotiation in Agency Problems

w6057 Steven T. Berry
Joel Waldfogel

Public Radio in the United States: Does It Correct Market Failure or Cannibalize Commercial Stations?

w5007 Aaron S. Edlin
Stefan Reichelstein

Holdups, Standard Breach Remedies, and Optimal Investment

w5916 Orley Ashenfelter
David Ashmore
Randall Filer

Contract Form and Procurement Costs: The Impact of Compulsory Multiple Contractor Laws in Construction


1996
w5649 Theodore Eisenberg
Henry S. Farber

The Litigious Plaintiff Hypothesis: Case Selection and Resolution

w4287 Louis Kaplow
Steven Shavell

Accuracy in the Assessment of Damages

w5584 Lucian Arye Bebchuk
Luigi Zingales

Corporate Ownership Structures: Private versus Social Optimality

w5528 Steven Berry
Joel Waldfogel

Free Entry and Social Inefficiency in Radio Broadcasting

w5466 Daniel P. Kessler
Mark McClellan

Do Doctors Practice Defensive Medicine?

w5461 Steven Shavell
Kathryn Spier

Threats without Binding Commitment

w4290 Louis Kaplow
Optimal Insurance Contracts When Establishing The Amount of Losses is Costly

w4868 Louis Kaplow
A Note on Subsidizing Gifts


1995
w4788 Lucian Arye Bebchuk
Efficient and Inefficient Sales of Corporate Control

w3958 Louis Kaplow
A Model of the Optimal Complexity of Rules

w4989 Thomas J. Campbell
Daniel P. Kessler
George B. Shepherd

The Causes and Effects of Liability Reform: Some Empirical Evidence


1994
w4915 Aaron S. Edlin
Cadillac Contracts and Up-Front Payments: Efficient Investment Under Expectation Damages

w4910 Richard B. Freeman
Crime and the Job Market

w4835 Jean Olson Lanjouw
Economic Consequences of a Changing Litigation Environment: The Case of Patents

w4457 Louis Kaplow
Steven Shavell

The Efficiency of the Legal System versus the Income Tax in Redistributing Income

w4203 Louis Kaplow
Steven Shavell

Accuracy in the Determination of Liability

w3822 Louis Kaplow
Steven Shavell

Optimal Law Enforcement with Self-Reporting of Behavior

w4731 Lucian Arye Bebchuk
Howard F. Chang

An Analysis of Fee-Shifting Based on the Margin of Victory: On FrivolousSuits, Meritorious Suits and the Role of Rule 11

w4263 Louis Kaplow
Shifting Plaintiffs' Fees versus Increasing Damage Awards


1993
w3634 A. Mitchell Polinsky
Yeon-Koo Che

Decoupling Liability: Optimal Incentives for Care and Litigation

w4586 A. Mitchell Polinsky
Steven Shavell

Should Liability be Based on the Harm to the Victim or the Gain to the Injurer?

w3739 A. Mitchell Polinsky
Daniel L. Rubinfeld

A Model of Optimal Fines for Repeat Offenders

w4551 Daniel Nagin
Joel Waldfogel

The Effect of Convicton on Income Through the Life Cycle

w4508 Joel Waldfogel
The Selection Hypothesis and the Relationship between Trial and Plaintiff Victory

w4507 A. Mitchell Polinsky
Daniel L. Rubinfeld

Optimal Awards and Penalties when the Probability of Prevailing Varies Among Plaintiffs


1992
w4196 Patric H. Hendershott
Jesse M. Abraham

Patterns and Determinants of Metropolitan House Prices, 1977-91

w4079 Lucian Arye Bebchuk
Louis Kaplow

Optimal Sanctions When Individuals are Imperfectly Informed About the Probability of Apprehension

w3868 Louis Kaplow
Steven Shavell

Private Versus Socially Optimal Provision of Ex Ante Legal Advice

w4176 A. Mitchell Polinsky
Steven Shavell

Optimal Cleanup and Liability After Environmentally Harmful Discharges

w4078 Lucian Arye Bebchuk
Louis Kaplow

Optimal Sanctions When the Probability of Apprehension Varies Among Individuals

w4012 Steven Shavell
Suit Versus Settlement When Parties Seek Nonmonetary Judgements


1991
w3232 A. Mitchell Polinsky
Steven Shavell

A Note on Optimal Fines When Wealth Varies Among Individuals

w3696 Lucian Arye Bebchuk
Steven Shavell

Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale

w3005 Louis Kaplow
Steven Shavell

Legal Advice about Acts Already Commited


1990
w3560 Steven Shavell
Individual Precautions to Prevent Theft: Private Versus Socially OptimalBehavior


1989
w3062 Steven Shavell
Specific Versus General Enforcement of Law

w3061 Steven Shavell
A Note on Optimal Deterrence When Individuals Choose Among Harmful Acts


1988
w1834 A. Mitchell Polinsky
Daniel L. Rubinfeld

The Welfare Implications of Costly Litigation in the Theory of Liability

w2174 A. Mitchell Polinsky
Optimal Liability when the Injurer's Information about the Victim's Loss is Imperfect


1986
w2114 A. Mitchell Polinsky
Daniel L. Rubinfeld

A Note on Optimal Public Enforcement with Settlements and Litigation Costs


1984
w0742 A. Mitchell Polinsky
Steven Shavell

Pigouvian Taxation with Administrative Costs

w0714 A. Mitchell Polinsky
Risk Sharing through Breach of Contract Remedies


1983
w1220 Steven Shavell
A Model of the Socially Optimal Use of Liability and Regulation

w1219 Steven Shavell
Uncertainty Over Causation and the Determination of Civil Liability

w1218 Steven Shavell
Liability for Harm Versus Regulation of Safety

w0746 Charles E. McLure
Jr.

Tax Exporting and the Commerce Clause: Reflections on Commonwealth Edison


1982
w0939 Steven Shavell
Torts in Which Victim and Injurer Act Sequentially

w0937 A. Mitchell Polinsky
William P. Rogerson

Products Liability, Consumer Misperceptions, and Market Power

w0932 A. Mitchell Polinsky
Steven Shavell

The Optimal Use of Fines and Imprisonment


1981
w0741 Steven Shavell
The Social versus the Private Incentive to Bring Suit in a Costly Legal System

w0727 Steven Shavell
On the Design of Contracts and Remedies for Breach

w0338 A. Mitchell Polinsky
Private versus Public Enforcement of Fines

w0662 Steven Shavell
Suit and Settlement vs. Trial: A Theoretical Analysis under Alternative Methods for the Allocation of Legal Costs

r0136 A. Mitchell Polinsky
Steven Shavell

The Optimal Tradeoff Between the Probability and Magnitude of Fines


1980
w0420 A. Mitchell Polinsky
Strict Liability versus Negligence in a Market Setting

w0286 A. Mitchell Polinsky
On the Choice Between Property Rules and Liability Rules

r0084 Steven Shavell
Strict Liability Versus Negligence

w0463 A. Mitchell Polinsky
Resolving Nuisance Disputes: The Simple Economics of Injunctive and Damage Remedies


1978
w0263 William M. Landes
Richard A. Posner

Adjudication as a Private Good

w0227 William M. Landes
Richard A. Posner

Salvors, Finders, Good Samaritans and Other Rescuers: An Economic Study of Law and Altruism


1977
w0217 William M. Landes
Richard A. Posner

Altruism in Law and Economics

w0210 William M. Landes
An Economic Study of U.S. Aircraft Hijacking, 1960-1976


Generated Wed Nov 25 04:33:00 2009

 
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