Showing archive for: “Empirical Legal Studies”
The Future of Law and Economics Part 4: Potential Solutions
In a series of posts (Part I, Part II and Part III), I’ve sketched out how the trend toward increasing detachment in L&E scholarship might reduce the influence of the L&E movement at the retail level and become its ultimate undoing. I must say, writing this series has been a lot of fun but has ... The Future of Law and Economics Part 4: Potential Solutions
Most Cited Antitrust Law Professors
Dave Hoffman aptly describes the contours of a lot of the blog debate over Brian Leiter’s citation rankings of law professors by specialty: Objection: “But you didn’t measure X…” Leiter: “True. Let a hundred flowers bloom, and do your own data collection!” I’ve got to say, I’m not sure that I really understand any of ... Most Cited Antitrust Law Professors
Antitrust Activity and Distinguishing Influence from Quality
From the Economic Times: The European Union’s antitrust agency is becoming more influential just as its US counterparts have grown more cautious and inactive, experts say. The European Commission’s recent success in forcing Microsoft to carry out antitrust sanctions underscores the differences, and academic researchers say the US is also hanging back in merger challenges. ... Antitrust Activity and Distinguishing Influence from Quality
Junk Social Science in the Medical Bankruptcy Debate
My GMU colleague Todd Zywicki and Gail Heriot (USD) have an op-ed in the Washington Times exposing Harvard Professors David Himmelstein and Elizabeth Warren’s study on medical debt and bankruptcy, presented to Congress earlier this week, as “one of the most misleading pieces of research ever placed before Congress — no small dishonor.” The punchline ... Junk Social Science in the Medical Bankruptcy Debate
Congratulations to Kate Litvak!
Kate Litvak (UT Law, and friend of TOTM) , whose excellent paper (discussed around the blogosphere here and here), “The Effect of the Sarbanes-Oxley Act on Non-US Companies Cross-Listed in the US,” has been selected as the best paper for the forthcoming special issue of the Journal of Corporate Finance associated with the Boundaries of ... Congratulations to Kate Litvak!
Morrison at ELS Blog
Ed Morrison (Columbia) has a great series of guest blogs at the always worth reading ELS Blog on a few research questions in bankruptcy and torts as well as a methodological entry. I am a little bit late with the link (his guest stint ended December 8th ), but I really enjoyed the posts. Here ... Morrison at ELS Blog
Update: Vandy's PhD in Law and Economics
A few months ago, Keith posted regarding the announcement of Vanderbilt’s new PhD program in Law and Economics. The post generated a lively discussion in the comments (and a follow up post here on GMU’s own Law and Econ program). Much of the discussion focused on the following questions: what would such a program should ... Update: Vandy's PhD in Law and Economics
Thoughts on Walker on Backdating
Professor Ribstein responds to David Walker’s backdating article, which Bill highlighted here at TOTM a few weeks ago. Larry’s take? This is a useful paper as far as it goes. The problem is that it has missed a significant chunk of the “literature” on this rapidly developing topic that has developed in our rapidly developing ... Thoughts on Walker on Backdating
Henderson on Executive Compensation in Bankruptcy
Todd Henderson’s paper finds that compensation arrangements of solvent and insolvent firms are similar to each other. The empirical strategy involves the assumption that firms in bankruptcy are a useful control group for testing agency theory explanations of executive compensation because those costs are significantly lower for insolvent firms. I don’t know enough about bankruptcy ... Henderson on Executive Compensation in Bankruptcy
I look pretty young but I'm just backdated, yeah
The WSJ this weekend has a long piece on the issue of stock option backdating, “The Perfect Payday.” Here’s the tagline: Some CEOs reap millions by landing stock options when they are most valuable. Luck–or something else? It’s an interesting article, much of which is devoted to debunking the assertion that backdating of options grants ... I look pretty young but I'm just backdated, yeah
