May 15-16, 2015
All sessions to be held at Columbia Law School
Friday, May 15
(Author’s name in bold indicates person presenting paper)
8:00 – 8:45: Registration and Continental Breakfast
Panel IA: Consumer Bankruptcy
Panel Chair: Kathryn Fritzdixon
Will Dobbie, Paul Goldsmith-Pinkham, and Crystal Yang, “Consumer Bankruptcy and Financial Health”
Discussant: Frank McIntyre
Rajashri Chakrabarti and Nathaniel Pattison, “Auto Credit and the 2005 Bankruptcy Reform: The Impact of Eliminating Cramdowns”
Discussant: Nadia Nasser-Ghodsi
Kathryn Fritzdixon, “Do Larger Subprime Loans cause Debt Spirals? Evidence from the TN Auto Title Lending Market”
Discussant: Chrystin Ondersma
Panel IB: Criminal Procedure
Panel Chair: Murat C. Mungan
Andrew F. Daughety and Jennifer F. Reinganum, “Informal Sanctions on Prosecutors and Defendants and the Disposition of Criminal Cases”
Discussant: Anthony Nibbles
Barbara Luppi, Francesco Parisi, and Daniel Pi, “Reasonable Doubt: An Economic Analysis”
Discussant: Yehonatan Gavin
Murat C. Mungan and Jonathan Klick, “Reducing Guilty Pleas through Exoneree Compensations”
Discussant: Jennifer Reinganum
Friday (cont.)
Panel IC: Courts, Politics, and Finance
Panel Chair: Pat Akey
Yotam Kaplan, and Noam Gidron, “The Champion of a New Order: The Supreme Court and the Liberalization of the U.S. Economy”
Discussant: Rafael Franck
Abhay Aneja, Marian Moszoro, and Pablo T. Spiller, “Political Bonds: Political Hazards and the Choice of Municipal Financing Instruments”
Discussant: Suresh Naiad
Pat Akey, “Valuing Changes in Political Networks: Evidence from Campaign Contributions to Close Congressional Elections”
Discussant: Thomas Bourveau
Panel ID: Administrative Law and Legislation
Panel Chair: Eyal Amir
Jonathan S. Masur and Eric A. Posner, “Toward a Pigovian State”
Discussant: Gillian Metzger
Brian Broughman and Deborah A. Widiss, “After the Override: An Empirical Analysis of Shadow Precedent”
Discussant: Thomas Merrill
Eyal Zamir, Daphna Lewinsohn-Zamir, and Ilana Ritov, “It’s Now or Never! Using Deadlines as Nudges”
Discussant: Jed Stiglitz
Panel IE: Antitrust and Public Goods
Panel Chair: Aaron Edlin
Keith N. Hylton, “Competition and Innovation: A Framework for the Patent-Antitrust Conflict”
Discussant: TBA
Eric Helland and Seth A. Seabury, “Are Settlements in Patent Litigation Collusive? Evidence from Paragraph IV Challenges”
Discussant: Scott Hemphill
Aaron Edlin, Scott Hemphill, Herbert Hovenkamp, and Carl Shapiro, “The Actavis Inference: Theory and Practice”
Discussant: Ezra Friedman
Friday (cont.)
Panel IF: Formal Versus Informal Contracts
Panel Chair: Abraham L. Wickelgren
Stephan Tontrup, “Pacta sunt Servanda – Testing Voluntary Compliance to Contracts”
Discussant: Richard McAdams
Zev J. Eigen and David A. Hoffman, “A Fuller Understanding of Contractual Commitment”
Discussant: Dane Chorley
Abraham L. Wickelgren, “A Novel Justification for Legal Restrictions on Non-compete Clauses”
Discussant: Albert Choi
Panel IG: Corporate Governance: Theory of Organization and Governance
Panel Chair: Jesse Fried
- Andrew Hanssen and Alexander Raskovich, “The Property Rights Theory of Vertical Relations: Evidence from the Hollywood Studio Era”
Discussant: Albert Choi
Zohar Goshen and Richard Squire, “Principal Costs”
Discussant: Jesse Fried
Jesse Fried, “The Illusory Promise of Pre-emptive Rights”
Discussant: Zohar Goshen
Panel IH: Bias, Stereotypes, and Discrimination
Panel Chair: Eric A. Posner
Anat Bracha, Alma Cohen, and Lynn Conell–Price, “Affirmative Action and Stereotype Threat”
Discussant: Marco Fabbri
Prasad Krishnamurthy and Aaron Edlin, “Affirmative Action and Stereotypes in Higher Education Admissions”
Discussant: Eric Rasmusen
Adam S. Chilton and Eric A. Posner, “An Empirical Study of Political Bias in Legal Scholarship”
Discussant: F. Andrew Hansen
10:30 – 11:00: Coffee Break
Friday (cont.)
11:00 – 12:45: Session II:
Panel IIA: Mergers, Acquisitions, and Takeovers
Panel Chair: Nitzan Shilon
Xiumin Martin and Emanuel Zur, “Dodging Repatriation Tax – Evidence from Domestic and Foreign M&As”
Discussant: Yair Listokin
Lucian Bebchuk, Alon Brav, and Wei Jiang, “The Long-Term Effects of Hedge Fund Activism”
Discussant: Darius Palia
Nitzan Shilon, “The Case for Managerial Signaling in Deciding Hostile Takeovers”
Discussant: Kathryn Judge
Panel IIB: Topics in Tax Policy Design I
Panel Chair: Yehonatan Givati
David Schizer, “Limiting Tax Expenditures”
Discussant: Joshua Blank
Jacob Goldin, “Nudges, Mandates, and Taxes: Policy Design with Active and Passive Decision-Makers”
Discussant: Wojciech Kopczuk
Yehonatan Givati, “Googling a Free Lunch: The Taxation of Fringe Benefits”
Discussant: Jacob Goldin
Panel IIC: Contracts and Bargaining
Panel Chair: Lisa Bernstein
Victor Goldberg, Buffalo’s Field of Dreams: Kenford Company v. Erie County
Discussant: Dan Kelly
Benjamin Shmueli, “When Can Post-Judgment Bargaining Be Anticipated: Bridging Economic and Behavioral Approaches”
Discussant: Luigi Franzoni
Lisa Bernstein, “Private Ordering, Social Capital, and Network Governance in Procurement Contracts: A Preliminary Exploration”
Discussant: Jody Kraus
Friday (cont.)
Panel IID: Informational Efficiency in Securities Markets
Panel Chair: Merritt B. Fox
Robert J. Jackson, Jr., Wei Jiang, and Joshua Mitts, “How Quickly Do Markets Learn? Private Information Dissemination in a Natural Experiment”
Discussant: Allen Ferrell
April Klein and Tao Li, “Costs and Benefits of Acquiring Information: How Hedge Fund Managers Trade on the Freedom of Information Act”
Discussant: Robert Jackson
Merritt B. Fox, Lawrence R. Glosten and Gabriel V. Rauterberg, “The New Stock Market: Sense and Nonsense”
Discussant: Joshua Mitts
Panel IIE: International Trade and Investment
Panel Chair: Dmitriy Skougarevskiy
Jiwon Lee and Teresa Wittgenstein, “Weak vs. Strong Ties: Explaining Early Settlement in WTO Disputes”
Discussant: Ben Depoorter
Alan O. Sykes, “Economic Necessity in International Law”
Discussant: Kevin E. Davis
Wolfgang Alschner and Dmitriy Skougarevskiy, “Consistency and Legal Innovation in the BIT Universe”
Discussant: Kish Parella
Panel IIF: Patents I
Panel Chair: David S. Abrams
Michael D. Frakes and Melissa F. Wasserman, “Is the Time Allocated to Review Patent Applications Inducing Examiners to Grant Invalid Patents?: Evidence from Micro-Level Application Data”
Discussant: Kevin Collins
John R. Allison and Lisa Larrimore Ouellette, “How Courts Adjudicate Patent Definiteness and Disclosure”
Discussant: Kathy Strandburg
David S. Abrams, Ufuk Akcigit, and Jillian Popadak, “A First Empirical Look at NPE’s”
Discussant: Christopher Sprigman
Friday (cont.)
Panel IIG: Judicial Behavior I
Panel Chair: Doron Teichman
Arnaud Philippe and Aurélie Ouss, “‘No hatred or malice, fear or affection’: Media and Sentencing”
Discussant: Miguel F.P. de Figueiredo
Adi Leibovitch, “Relative Judgments”
Discussant: Max Schanzenbach
Doron Teichman, Yuval Feldman, and Amos Schurr, “Anchoring Legal Standards”
Discussant: Adi Leibovitch
Panel IIH: Empirical Studies in Criminal Law
Panel Chair: Emily Owens
Adam B. Cox and Thomas J. Miles, “Cooperating with the Cops: The Secure Communities Program and Clearance Rates”
Discussant: Crystal Yang
Emily Owens, “Testing the School-to-Prison Pipeline”
Discussant: Amanda Agan
Miguel F.P. de Figueiredo, “Throw Away the Jail or Throw Away the Key? The Effect of Punishment on Recidivism and Social Cost”
Discussant: John J. Donohue III
12:45 – 2:00: Lunch
2:00 – 3:45: Session III:
Panel IIIA: Topics in Domestic and International Taxation
Panel Chair: Elizabeth Chorvat
John R. Brooks, II, “Quasi-Public Spending on Quasi-Public Goods”
Discussant: Edward Fox
Mihir A. Desai and Dhammika Dharmapala, “Interest Deductions in a Multijurisdictional World”
Discussant: Mitchell Kane
Elizabeth Chorvat, “Looking Through Corporate Expatriations for Buried Intangibles”
Discussant: Fadi Shaheen
Friday (cont.)
Panel IIIB: Procedure and Litigation I
Panel Chair: Giuseppe Dari-Mattiacci
Dov Fox and Alex Stein, “Watersheds”
Discussant: Keith N. Hylton
Itai Ater, Yehonatan Givati, and Oren Rigbi, “The Right to Counsel: Benefits and Costs”
Discussant: Crystal Yang
Giuseppe Dari-Mattiacci and Margherita Saraceno, “Fee-shifting with Two-sided Asymmetric Information”
Discussant: William Hubbard
Panel IIIC: Lawyers and Law Firms
Panel Chair: David A. Hyman
Jamein P. Cunningham, “An Evaluation of the Federal Legal Services Program: Evidence from Crime Rates and Property Values”
Discussant: Gerd Muehlheusser
John Morley, “Why Law Firms Collapse”
Discussant: Lisa Rohrer
David A. Hyman, Mohammad Rahmati, Charles Silver, and Bernard Black, “Are Successful Plaintiffs’ Lawyers Good, or Just Lucky?”
Discussant: Ronen Avraham
Panel IIID: Precedent and Legal Rules
Panel Chair: Anup Malani
Daniel Chen, Jens Frankenreiter, and Susan Yeh, “Measuring the Effects of Legal Precedent in U.S. Federal Courts”
Discussant: Jeff Lax
Charles M. Cameron and Lewis A. Kornhauser, “Stare Decisis and Judicial Log-Rolls: A Gains-from-Trade Model”
Discussant: Scott Baker
Scott Baker and Anup Malani, “Judicial Learning and the Quality of Legal Rules”
Discussant: Jonathan Kasteller
Friday (cont.)
Panel IIIE: Executives and Litigation Risk
Panel Chair: Emanuel Zur
Suman Banerjee, Mark Humphery-Jenner, Vikram Nanda, and Mandy Tham,, “Executive Overconfidence and Securities Class Actions”
Discussant: Eric Talley
James Malm and Shawn Mobbs, “Independent Directors and Corporate Litigation”
Discussant: Michael Klausner
Hagit Levy, Ron Shalev, and Emanuel Zur, “The Effect of CFO Personal Litigation Risk on Firms’ Disclosure and Accounting Choices”
Discussant: Jared Wilson
Panel IIIF: Political Connections, Networks, Contributions
Panel Chair: Prasad Krishnamurthy
Thomas Bourveau, Renaud Coulomb, and Marc Sangnier, “Political Connections and Insider Trading”
Discussant: Yotam Kaplan
Geeyoung Min and Hye Young You, “Active Shareholders and Active Firms: Shareholder Proposal and Corporate Political Activity”
Discussant: Daniel Wolfenzon
Thomas Lambert, “Lobbying on Regulatory Enforcement Actions: Evidence from Banking”
Discussant: Prasad Krishnamurthy
Panel IIIG: Experiments
Panel Chair: Ben Depoorter
Dan Ariely, Ximena Garcia-Rada, Lars Hornuf, and Heather Mann, “The (True) Legacy of Two Really Existing Economic Systems”
Discussant: Alexander Stremitzer
Emanuela Carbonara and Marco Fabbri, “Social Influence on Third-party Punishment: an Experiment”
Discussant: Stephan Tontrup
Ben Depoorter and Stephan Tontrup, “Unenforced Laws: A Field Experiment”
Discussant: Macartan Humphreys
Panel IIIH: Judicial Behavior II
Panel Chair: W. Bentley MacLeod
Adam Feldman and Elli Menounou, “Words That Matter: Predicting Persuasive Briefs in the United States Supreme Court”
Discussant: Jed Stiglitz
Donald P. Green, Jonathon S. Krasno, Costas Panagopoulos, Michael Schwam-Baird, and Dane Thorley, “Please Recuse Yourself: A Field Experiment Exploring the Relationship between Campaign Donations and Judicial Recusal”
Discussant: Jonah Gelbach
Elliott Ash and W. Bentley MacLeod, “Incentive and Selection Effects of Judicial Elections: Theory and Evidence from State Supreme Courts”
Discussant: Daniel Chen
3:45 – 4:15: Coffee Break
4:15 – 6:00: Session IV:
Panel IVA: Financial Institutions I: Does the Regulation of Financial Institutions Improve Outcomes?
Panel Chair: Gerard Hertig
Talia Gillis, “Testing Beyond Comprehension”
Discussant: Alexei Alexandrov
Andrew F. Tuch, “Regulating Investment Bankers’ Loyalty in Mergers and Acquisitions”
Discussant: Donna Hitscherich
Ettore Croci, Gerard Hertig, and Eric Nowak, “Decision-Making during the Crisis: Why did the Treasury let Commercial Banks fail?”
Discussant: Anita Anand
Panel IVB: Topics in Tax Policy Design II
Panel Chair: Zachary Liscow
Yair Listokin, “Tax Expenditure Estimates Are Almost as Good as Revenue Estimates”
Discussant: David Kamin
Lee Anne Fennell and Richard H. McAdams, “The Distributive Deficit in Law and Economics”
Discussant: Zachary Liscow
Zachary Liscow, “How Income Taxes Should Change during Recessions”
Discussant: John R. Brooks, II
Panel IVC: Antitrust
Panel Chair: Daniel L. Rubinfeld
Michal S. Gal and Daniel L. Rubinfeld, “The Hidden Costs of Free Goods: Implications for Antitrust Enforcement”
Discussant: James Dana
Tamer Cetin and Kadir Y. Eryigit, “Measuring the Economic Effects of Deregulation: Evidence from the Turkish Airline Industry”
Discussant: Daniel L. Rubinfeld
Alexei Alexandrov and Daniel F. Spulber, “Sufficient Decisions in Multi-Sided and Multi-Product Markets”
Discussant: Pablo Spiller
Panel IVD: Employment and Labor Law
Panel Chair: Evan Starr
Alison Morantz, Kathleen Choi, and Alexander Weiss, “Filing Not Found: Which Injuries Go Unreported to Worker Protection Agencies, and Why?”
Discussant: David Hoffman
Egor Matveyev, “Assortative Matching in Managerial Labor Markets: Theory and Measurement”
Discussant: Pierre-Andre Chiappori
Evan Starr, Norman Bishara, and JJ Prescott, “Noncompetes in the US Labor Force”
Discussant: Paige Skiba
Panel IVE: Regulatory Competition
Panel Chair: Eric L. Talley
K.J. Martijn Cremers and Simone M. Sepe, “Whither Delaware? Limited Commitment and the Financial Value of Corporate Law”
Discussant: Michal Barzuza
Jared I. Wilson, “The Value of Exclusive Forum Provisions”
Discussant: Simone Sepe
Eric L. Talley, “Corporate Inversions and the Unbundling of Regulatory Competition”
Discussant: Roberta Romano
Panel IVF: Negligence
Panel Chair: Omri Ben-Shahar
Alice Guerra, Barbara Luppi, and Francesco Parisi, “Presumption of Negligence”
Discussant: Shmuel Leshem
Alon Cohen and Avraham Tabbach, “Informational Negligence Law”
Discussant: Fernando Gomez
Omri Ben-Shahar and Ariel Porat, “Personalizing Negligence Law”
Discussant: Michael Frakes
Panel IVG: Voting, Elections, Representation
Panel Chair: Abhay Aneja
Raphael Franck, “The Lawyers’ Comparative Advantage in Parliamentary Elections”
Discussant: Pat Akey
Vardges Levonyan, “What Led to the Ban on Same-Sex Marriage in California?: Structural Estimation of Voting Data on Proposition 8”
Discussant: Barak Richman
Abhay Aneja, “The Causal Effect of Political Representation on Crimes against
Ethnic Minorities: State-level Evidence from India”
Discussant: Sunita Parikh
Panel IVH: Secondary Liability and Enforcement in Securities Markets
Panel Chair: Assaf Hamdani
James J. Park, “Auditor Contributions to Securities Class Action Settlements”
Discussant: Sean Griffith
Stephen J. Choi and Adam C. Pritchard, “SEC Investigations and Securities Class Actions: An Empirical Comparison”
Discussant: Merritt B. Fox
Assaf Hamdani, “Respondeat Superior and Secondary Liability”
Discussant: David Webber
6:00 – 7:00: Cocktails
7:00: ALEA Annual Dinner
Presiding: Robert Scott, President, ALEA
Speaker: Kathryn Spier, Vice President, ALEA
Saturday, May16
8:00 – 8:30: Continental Breakfast
8:30 – 10:15: Session V:
Panel VA: Empirical Research in Taxation
Panel Chair: Kyle Rozema
Matthew Dimick, David Rueda, and Daniel Stegmueller, “The Altruistic Rich? Inequality and Other-Regarding Preferences for Redistribution in the US”
Discussant: Kyle Rozema
Edward Fox, “Do Taxes Affect Marriage? Lessons from History”
Discussant: Dhammika Dharmapala
Kyle Rozema, “Excise Taxes and the Allocation of Producer Surplus”
Discussant: Matthew Dimick
Panel VB: Torts: Data and Theory
Panel Chair: Benjamin J. McMichael
Robert Cooter and David DePianto, “Community vs Market Values of Life”
Discussant: Eric A. Posner
Benjamin Ogden and Keith N. Hylton, “Incentives to Take Care Under Contributory and Comparative Fault”
Discussant: Ezra Friedman
Benjamin J. McMichael, “Beyond Physicians: The Effect of Licensing and Liability Laws on Nurse Practitioners and Physician Assistants”
Discussant: Jill Horwitz
Panel VC: Institutional Investors
Panel Chair: Katherine Valerie Litvak
Paul Calluzzo and Simi Kedia, “Mutual Fund Board Connections and Proxy Voting”
Discussant: Quinn Curtis
Joseph McCahery, Zacharias Sautner, and Laura T. Starks, “Behind the Scenes: The Corporate Governance Preferences of Institutional Investors”
Discussant: Holger Spamann
Vladimir Atanasov, Thomas Hall, Vladimir Ivanov, and Katherine Valerie Litvak, “The Impact of Public Pension Funds on Governance of Venture Capital Funds: Which Limited Partners Limit VC Opportunism?”
Discussant: Brian Broughma
Saturday (cont.)
Panel VD: Procedure and Litigation II
Panel Chair: Minor Myers
Dan Klerman and Greg Reilly, “Forum Selling”
Discussant: Paul R. Gugliuzza
Shay Lavie, “Quotas”
Discussant: Zach Clopton
Charles R. Korsmo and Minor Myers, “Aggregation by Acquisition: Replacing Class Actions with a Market for Legal Claims”
Discussant: Avery Katz
Panel VE: Property Regimes in China
Panel Chair: Wei Zhang
Yun-chien Chang and Henry E. Smith, “The Numerus Clausus Principle, Property Customs, and the Emergence of New Property Forms”
Discussant: Henry Hansmann
Shitong Qiao, “Small Property, Big Market: A Focal Point Explanation “
Discussant: Lee Anne Fennell
Ji Li and Wei Zhang, “Weak Law v. Strong Ties: An Empirical Study of Business Investment, Law and Political Connections in China”
Discussant: Frank Upham
Panel VF: Judicial Behavior III
Panel Chair: Joshua B. Fischman
Michael A. Bailey and Matthew L. Spitzer, “Appointing Extremists
Discussant: Charles M. Cameron
Daniel L. Chen, Moti Michaeli, and Daniel Spiro, “Ideological Perfectionism on Judicial Panels”
Discussant: Anup Malani
Joshua B. Fischman and Tonja Jacobi , “The Second Dimension of the Roberts Court”
Discussant: Vardges Levonyan
Panel VG: Copyright
Panel Chair: Guy A. Rub
Paul Justin Heald, Kristofer Erickson, and Martin Kretschmer, “The Valuation of Unprotected Works: The Case of Public Domain Photographs on Wikipedia”
Discussant: Guy A. Rub
Milton Harris, S. Abraham Ravid, Ronald Sverdlove, and Suman Basuroy, “Intellectual Property Contracts: Theory and Evidence from Screenplay Sales”
Discussant: Lisa Larrimore Ouellette
Guy A. Rub, “Reconciling the Copyright-Contracts Conflict”
Discussant: Scott Baker
Panel VH: Corporate Governance: Empirical Methods
Panel Chair: Brian Galle
Emiliano M. Catan and Marcel Kahan, “The Law and Finance of Anti-Takeover Statutes”
Discussant: Darius Palia
Vladimir Atanasov and Bernard Black, “The Trouble with Instruments: Re-examining Shock-Based IV Designs”
Discussant: Wei Jiang
Brian Galle and David Walker, “Sunshine, Stakeholders, and Executive Pay: A Regression-Discontinuity Approach”
Discussant: Emiliano Catan
10:15 – 10:45: Coffee Break
10:45 – 12:30: Session VI:
Panel VIA: Financial Institutions II: The Financial Crisis in Retrospect: Can We Do Better in Policing Systemic Risk?
Panel Chair: Anthony J. Casey
Kathryn Judge, “Thirteen Months: The Role of a Modern Lender of Last Resort”
Discussant: Prasad Krishnamurthy
Wulf A. Kaal, Barbara Luppi and Sandra Paterlini, “Did the Dodd-Frank Act Impact Private Fund Performance? Evidence from 2010 to 2015”
Discussant: Katherine Valerie Litvak
Anthony J. Casey and Eric A. Posner, “A Framework for Bailout Regulation”
Discussant: Michael Simkovic
Panel VIB: Can Legal Reforms Improve the Quality of Medical Care?
Panel Chair: Jill Horwitz
Michael Frakes, Matthew Frank, and Seth Seabury, “The Impact of National Medical Liability Standards on Local Access to Physician Services”
Discussant: Kristin Madison
Paola Bertoli, Sofia Amaral Garcia, and Veronica Grembi, “Does Experience Rating Improve Obstetric Practices? Evidence from Geographical Discontinuities”
Discussant: Elliott Ash
Myungho Paik, Bernard Black, and David A. Hyman, “Damage Caps and Defensive Medicine, Revisited”
Discussant: Frank A. Sloan
Panel VIC: Liability Insurance
Panel Chair: Kyle Logue
Patricia A. Robinson, Frank A. Sloan, and Lindsey M. Eldred, “Advantageous Selection, Moral Hazard, and Insurer Sorting on Risk in the U.S. Automobile Insurance Market”
Discussant: Joshua Teitelbaum
Henrik Lando, “Optimal Rules of Misrepresentation in Insurance Law”
Discussant: Abraham L. Wickelgren
Omri Ben-Shahar and Kyle Logue, “Under the Weather: Government Insurance and the Regulation of Climate Risks”
Discussant: Brian Galle
Panel VID: Contract Theory
Panel Chair: Kevin E. Davis
Maija Halonen-Akatwijuka and Oliver D. Hart, “Short-term, Long-term, and Continuing Contracts”
Discussant: W. Bentley MacLeod
Juanjo Ganuza and Fernando Gomez, “Formal Contracts without Courts”
Discussant: Patrick Bolton
Oren Bar-Gill and Kevin E. Davis, “(Mis)perceptions of Law in Consumer Markets”
Discussant: Andrew F. Daughety
Panel VIE: Corporate Governance: Directors and Shareholders
Panel Chair: Jordan M. Barry
Yaron Nili, “Servants of Two Masters? The Feigned Hysteria over Activist-Paid Directors”
Discussant: Slava Fos
Matthew D. Cain, Jill E. Fisch, Sean J. Griffith, and Steven Davidoff Solomon, “How Corporate Governance is Priced: The Case of the Golden Leash”
Discussant: Dhammika Dharmapala
Lynne L. Dallas and Jordan M. Barry, “Long-Term Shareholders and Time-Phased Voting”
Discussant: Assaf Hamdani
Panel VIF: Judicial Behavior IV
Panel Chair: Christopher L. Griffin, Jr.
Claudine Desrieux and Romain Espinosa, “Do Employers Fear Unions in Labor Courts? Theory and Evidence from French Labor Courts”
Discussant: Dan Klerman
Guy Grossman, Oren Gazal-Ayal, Sam Pimentel, and Jeremy Weinstein, “Descriptive Representation and Judicial Outcomes in Multi-Ethnic Societies”
Discussant: Thomas J. Miles
Christopher L. Griffin, Jr., “An Empirical Assessment of Panel Effects in Quasi-Judicial Decision Making”
Discussant: Jens Frankenreiter
Panel VIG: Patents II
Panel Chair: Shawn P. Miller
Roger Smeets, “Does Patent Litigation Crowd Out Corporate R&D? An Analysis of US Public Firms”
Discussant: David S. Abrams
Ian Ayres and Amy Kapczynski , “Innovation Sticks: The Limited Case for Penalizing Failures to Innovate”
Discussant: Giuseppe Dari-Mattiaci
Mark A. Lemley and Shawn P. Miller, “If You Can’t Beat ‘Em, Join ‘Em? How Sitting by Designation Affects Judicial Behavior”
Discussant: David Schwartz
Saturday (cont.)
Panel VIH: Criminal Law: Theory and Data
Panel Chair: Shmuel Leshem
Ricard Gil and Mario Macis, “Ain’t No Rest for the Wicked”: Population, Crime, and the 2013 Government Shutdown”
Discussant: Max Schanzenbach
Berno Buechel and Gerd Muehlheusser, “Black Sheep or Scapegoats? Implementable Monitoring Policies under Unobservable Levels of Misbehavior”
Discussant: Nicolas Sahugeut
Ehud Guttel and Shmuel Leshem, “On the Credibility of Prosecutorial (and other) Threats”
Discussant: Omri Ben-Shahar
12:30 –1:45: Lunch
1:45 – 3:30: Session VII:
Panel VIIA: Crime Prevention
Panel Chair: Andrea Cann Chandrasekher
Jillian B. Carr and Jennifer L. Doleac, “Keep the Kids Inside: Juvenile Curfews, Bad Weather, and Urban Gun Violence”
Discussant: Bernardo S. da Silveira
Andrew Porter, “Libraries Fighting Crime: Spillover Effects of Public Institutions”
Discussant: Eric Helland
Andrea Cann Chandrasekher, “The Effect of Police Slowdowns on Crime”
Discussant: JJ Prescott
Panel VIIB: Corporate and Municipal Bankruptcy
Panel Chair: Vincent S.J. Buccola
Antonio E. Bernardo, Alan Schwartz, and Ivo Welch, “Contracting Externalities and Mandatory Menus in the U.S. Corporate Bankruptcy Code”
Discussant: Laura Napoli Cordes
Antonio Falato and Nellie Liang, “Do Creditor Rights Increase Employment Risk?
Evidence from Loan Covenants”
Discussant: Kenneth Ayotte
Vincent S.J. Buccola, “The Legislative Structure of Municipal Bankruptcy”
Discussant: Frederick Tung
Panel VIIC: Property Law: Theory and Applications
Panel Chair: Lee Anne Fennell
Yael R. Lifshitz, “Rethinking Original Ownership”
Discussant: Henry E. Smith
Ronit Levine-Schnur and Gideon Parchomovsky, “Is the Government Fiscally Blind? An Empirical Examination of the Effect of the Compensation Requirement on Eminent Domain Exercises”
Discussant: Katrina Wyman
Lee Anne Fennell, “Slicing Spontaneity”
Discussant: Richard Brooks
Panel VIID: Antitrust: Vertical Interactions
Panel Chair: Jonathan B. Baker
Mika Kato, “Demand-enhancing Innovation”
Discussant: Matthew L. Spitzer
Louis Kaplow, “The Meaning of Vertical Agreement and the Structure of Competition Law”
Discussant: Ian Ayres
Jonathan B. Baker, “Evaluating Appropriability Defenses for the Exclusionary Conduct of Dominant Firms in Innovative Industries”
Discussant: Keith N. Hylton
Panel VIIE: Empirical Work on Contracts
Panel Chair: Yonathan A. Arbel
Sarath Sanga, “The Contract Frontier: A Study of the Modern Joint Venture”
Discussant: Charles Sabel
Jean Beuve, Marian Moszoro, and Stéphane Saussier, “Political Contestability and Contract Rigidity: An Analysis of Procurement Contracts”
Discussant: Lisa Bernstein
Yonathan A. Arbel, “Contract Remedies in Action: Specific Performance”
Discussant: Florencia Marotta-Wurgler
Panel VIIF: Products Liability
Panel Chair: Brian Libgober
Andrzej Baniak and Peter Grajzl, “Controlling Product Risks when Consumers are Heterogeneously Overconfident: Producer Liability vs. Minimum Quality Standard Regulation”
Discussant: Juanjo Ganuza
Ezra Friedman, “The Value of A Statistical Judgment: A New Approach to the Insurer’s Duty to Settle”
Discussant: Sofia Amaral Garcia
Brian Libgober and JJ Prescott “Accident Liability in Imperfect Markets”
Discussant: Claude Fluet
Panel VIIG: Corporate Governance and Activism
Panel Chair: Kobi Kastiel
Mira Ganor, “Why do Dual-Class Firms Have Staggered Boards?”
Discussant: Steven Davidoff
Stephen J. Choi, Jill E. Fisch, Marcel Kahan, and Edward B. Rock, “Does Majority Voting Improve Board Accountability?”
Discussant: Ryan Bubb
Kobi Kastiel, “Against All Odds: Shareholder Activism in Controlled Companies”
Discussant: Richard Squire
Panel VIIH: Cross Cutting Papers
Panel Chair: Lisa Larrimore Ouellette
Ariel Porat and Omri Yadlin, “A Welfarist Perspective on Lies”
Discussant: Avery Katz
Scott Baker and Alex Raskolnikov, “Information, Strategy, and Optimal Responses to Legal Uncertainty”
Discussant: Justin McCrary
Jonathan S. Masur and Lisa Larrimore Ouellette, “Deference Mistakes”
Discussant: Scott Baker
3:30 – 4:30: Wine and Cheese Reception
Wulf Kaal 