External Law & Economics Workshop

Professor Ryan Bubb

This lunchtime faculty workshop features recent scholarship in law and economics. If you would like to be added to the workshop e-mail list, please e-mail lara.maraziti@nyu.edu.

Spring 2024 Schedule of Presenters

January 24, 2024, 1:10 – 2:30 p.m.
Elisabeth de Fontenay, Duke University School of Law   
Title: "Law and Courts in an Age of Debt"
Location: Vanderbilt Hall Room 208

January 31, 2024, 1:10 – 2:30 p.m.
Arpit GuptaNYU Stern School of Business
Title: "The Costs of Housing Regulation: Evidence From Generative Regulatory Measurement"
Location: Vanderbilt Hall Room 208 

February 14, 2024, 1:10 – 2:30 p.m.
Jennifer Dlugosz, Board of Governors of the Federal Reserve System  
Title: "Flight to Safety in the Regional Bank Crisis of 2023"
Location: Vanderbilt Hall Room 208

February 21, 2024, 1:10 – 2:30 p.m.
Andrew Baker, University of California, Berkeley   
Title: "Valuation Follies" 
Location: Vanderbilt Hall Room 208

February 28, 2024, 1:10 – 2:30 p.m.
Brian D. Feinstein, The Wharton School, University of Pennsylvania 
Title: "Strategic Subdelegation"  
Location: Vanderbilt Hall Room 208

April 3, 2024, 1:10 – 2:30 p.m.
Haggai Porat, Harvard Law School    
Title: "Bargaining with Algorithms: An Experiment on Algorithmic Price Discrimination and Consumer and Data Protection Laws"   
Location: Vanderbilt Hall Room 208

April 10, 2024, 1:10 – 2:30 p.m.
Vikramaditya Khanna, University of Michigan Law School
Title: "Hidden in Plain Sight?: The Connections Between Corporate Law and Corporate Liability" 
Location: Vanderbilt Hall Room 208

 

Fall 2023 Schedule of Presenters

September 13, 2023, 1:10 – 2:30 p.m. 
Nathan Atkinson, University of Wisconsin Law School
Title: Ranked Choice Voting and Political Polarization 
Location: Vanderbilt Hall Room 208

September 20, 2023, 1:10 – 2:30 p.m.
Charles C.Y. Wang, Harvard Business School
Title: Governance Transparency and Firm Value: Evidence from Korean Chaebols 
Location: Vanderbilt Hall Room 208

October 4, 2023, 1:10 – 2:30 p.m.
Natasha Sarin, Yale Law School 
Title: "The coming fiscal cliff: A blueprint for tax reform in 2025" 
Location: Vanderbilt Hall Room 208

October 11, 2023, 1:10 – 2:30 p.m.
Jeffrey Gordon, Columbia University Law School  
Title: "Too Many Mergers? The Golden Parachute as a Driver of M&A Activity in the 21st Century" 
Location: Vanderbilt Hall Room 208

October 25, 2023, 1:10 – 2:30 p.m.
Eric Hilt, Wellesley College   
Title: "The Value of Ratings: Evidence from their Introduction in Securities Markets" 
Location: Vanderbilt Hall Room 208

November 1, 2023, 1:10 – 2:30 p.m.
Adam Badawi, UC Berkeley School of Law    
Title: "Loopholes in Complex Contracts"
Location: Vanderbilt Hall Room 208

November 15, 2023, 1:10 – 2:30 p.m.
Gideon Parchomovsky, University of Pennsylvania Law School    
Title: "Patent Scores"   
Location: Vanderbilt Hall Room 208

 

Spring 2023 Schedule of Presenters

January 25, 2023, 1:10 – 2:30 p.m.
David Schoenherr, Princeton University   
Title: "The Economics of Legal Uncertainty"
Location: Vanderbilt Hall Room 208

February 8, 2023, 1:10 – 2:30 p.m.
Jared Ellias, Harvard Law School
Title: "Employee Bankruptcy Trauma" 
Location: Vanderbilt Hall Room 208 

February 15, 2023, 1:10 – 2:30 p.m.
Charles C.Y. Wang, Harvard University  
Title: "Governance Transparency and Firm Value: Evidence from Korean Chaebols"
Location: Vanderbilt Hall Room 208

March 1, 2023, 1:10 – 2:30 p.m.
Greg Buchak, Stanford University    
Title: "The Impact of Money in Politics on Labor and Capital: Evidence from Citizens United v. FEC"
Location: Vanderbilt Hall Room 208

March 29, 2023, 1:10 – 2:30 p.m.
David Weisbach, The University of Chicago Law School  
Title: "Trade, Leakage, and the Design of a Carbon Tax"
Title: "Optimal Unilateral Carbon Policy" 
Location: Vanderbilt Hall Room 208

April 12, 2023, 1:10 – 2:30 p.m.
Ryan Bubb, New York University School of Law    
Title: "Differentiation through Legal Uncertainty" (with Giuseppe Dari-Mattiacci). 
Location: Vanderbilt Hall Room 208

April 19, 2023, 1:10 – 2:30 p.m.
Oren Bar-Gill, Harvard Law School
Title: "Algorithmic Harm in Consumer Markets" 
Location: Vanderbilt Hall Room 208

 

Fall 2022 Schedule of Presenters

August 31, 2022, 1:10 – 2:30 p.m.
Louis Kaplow, Harvard Law School  
Title: "Competition Policy in a Simple General Equilibrium Model"  
Location: Vanderbilt Hall Room 208

September 21, 2022, 1:10 – 2:30 p.m.
Vincent Buccola, The Wharton School, University of Pennsylvania
Title: "The Loan Market Response to Dropdown and Uptier Transactions" 
Location: Vanderbilt Hall Room 208 

September 28, 2022, 1:10 – 2:30 p.m.
Crystal Yang, Harvard Law School  
Title: "Algorithmic Recommendations and Judicial Decisions"
Location: Vanderbilt Hall Room 208

October 19, 2022, 1:10 – 2:30 p.m.
Jules H. van Binsbergen, The Wharton School of the University of Pennsylvania   
Title: "The Impact of Impact Investing"
Location: Vanderbilt Hall Room 208

November 2, 2022, 1:10 – 2:30 p.m.
Meirav Furth-Matzkin, UCLA School of Law  
Title: "Discriminatory Enforcement of Consumer Contracts: Evidence from the Retail Market" 
Location: Vanderbilt Hall Room 208

November 9, 2022, 1:10 – 2:30 p.m.
Brian Broughman, Vanderbilt University Law School  
Title: "Risk-Seeking Governance" 
Location: Vanderbilt Hall Room 208

November 30, 2022, 1:10 – 2:30 p.m.
Thomas Wollmann, University of Chicago Booth School of Business
Title: "A New Era of Midnight Mergers: Antitrust Risk and Investor Disclosures"  
Location: Vanderbilt Hall Room 208

 

Spring 2022 Schedule of Presenters

February 2, 2022, 12:45 – 2:10 p.m.
Michael Livermore, University of Virginia School of Law  
Title: "Representation and Voice on the U.S. Federal Judiciary" 
Location: Vanderbilt Hall 208

February 16, 2022, 12:45 – 2:10 p.m.
Roberto Tallarita, Harvard Law School  
Title: "The Limits of Portfolio Primacy" 
Location: Vanderbilt Hall 208 

March 2, 2022, 12:45 – 2:10 p.m.
Zach Liscow, Yale Law School 
Title: "Inequality Snowballing"
Location: Vanderbilt Hall 208

March 9, 2022, 12:45 – 2:10 p.m.
Barak Richman, Duke Law School   
Title: "Macromedical Regulation"
Location: Vanderbilt Hall 208

March 23, 2022, 12:45 – 2:10 p.m.
Talia Gillis, Columbia Law School  
Title: "On the Fairness of Machine-Assisted Human Decisions" 
Location: Vanderbilt Hall 208

April 6, 2022, 12:45 – 2:10 p.m.
Murat Mungan, George Mason Law School  
Title: "Optimal Review of Conduct with Informative Prior Audits" 
Location: Vanderbilt Hall 208

April 20, 2022, 12:45 – 2:10 p.m.
Elizabeth Kempf, University of Chicago Booth School of Business
Title: "The Political Polarization of U.S. Firms"
Location: Vanderbilt Hall 208

 

Fall 2021 Schedule of Presenters

September 1, 2021, 12:45 – 2:00 p.m.
Holger Spamann, Harvard Law School 
Title: "Indirect Investor Protection: The Investment Ecosystem and Its Legal Underpinnings"
Location: Vanderbilt Hall 208

September 22, 2021, 12:45 – 2:00 p.m.
Steve Shavell, Harvard Law School  
Title: "On the Law of the Household: The Principles Used by Parents in Disciplining Their Children"
Location: Online (Remote)

September 29, 2021, 12:45 – 2:00 p.m.
Hunt Allcott, New York University
Title: "An Economic View of Corporate Social Impact"
Location: Vanderbilt Hall 208

October 13, 2021, 12:45 – 2:00 p.m.
Clifford Holderness, Boston College Carroll School of Management  
Title: "The Distribution of Voting Rights to Shareholders"
Location: Vanderbilt Hall 208

October 27, 2021, 12:45 – 2:00 p.m.
Giri Parameswaran, Haverford College  
Title: "An Economic Analysis of Criminal Intent and Willful Blindness"
Location: Vanderbilt Hall 208

November 10, 2021, 12:45 – 2:00 p.m.
Cailin Slattery, Columbia Business School 
Title: "Legislation, Deregulation and Litigation: The 1970-1990 Demand Shift for U.S. Legal Services"
Location: Vanderbilt Hall 208

December 1, 2021, 12:45 – 2:00 p.m.
Ofer Eldar, Duke University School of Law
Title: "The Rise of Dual-Class Stock IPOs"
Location: Vanderbilt Hall 208

 

Spring 2021 Schedule of Presenters

January 20, 2021, 1:30–2:45 p.m.
Mitch Polinsky, Stanford Law School 
Title: "Deterrence and the Adjustment of Sentences During Imprisonment" 
Location: Online (Remote)

February 3, 2021, 1:30–2:45 p.m.
Michel Maréchal, University of Zurich 
Title: "The Right to be Heard: A Randomized Controlled Trial on Economizing Procedural Justice" 
Location: Online (Remote)

February 17, 2021, 1:30–2:45 p.m.
Kelly Shue, Yale University
Title: “The Gender Gap in Housing Returns”
Location: Online (Remote)

March 3, 2021, 1:30–2:45 p.m.
Michelle Lowry, Drexel University
Title: "Bucking the Trend: Why do IPOs Choose Controversial Governance Structures and Why Do Investors Let Them"
Location: Online (Remote) 

March 10, 2021, 1:30–2:45 p.m.
Eric Talley, Columbia Law School
Title: "Cleaning Corporate Governance"
Location: Online (Remote)

March 24, 2021, 1:30–2:45 p.m.
Peter Koudijs, Stanford University
Title: "Shareholder Liability and Bank Failure" 
Location: Online (Remote)

March 31, 2021, 1:30–2:45 p.m.
Elliott Ash, ETH Zurich
Title: "Ideas Have Consequences: The Impact of Law and Economics on American Justice" 
Location: Online (Remote)

April 21, 2021, 1:30–2:45 p.m.
Oren Bar-Gill, Harvard Law School 
Title: "Manipulation By Mislaid Priorities" 
Location: Online (Remote)

 

Fall 2020 Schedule of Presenters

September 2, 2020, 1:30–2:45 p.m.
Davidson Heath, University of Utah  
Title: "Do Index Funds Monitor?" 
Location: Online (Remote)

September 16, 2020, 1:30–2:45 p.m.
Ian Appel, Boston College Carroll School of Management  
Title: "Environmental Externalities of Hedge Fund Activism"   
Location: Online (Remote)

September 30, 2020, 1:30–2:45 p.m.
Sonja Starr, The University of Chicago Law School 
Title: "Do Employers' Neighborhoods Predict Racial Discrimination?"
Location: Online (Remote)

October 14, 2020, 1:30-2:45 p.m.
Robert Bartlett & Frank Partnoy, University of California, Berkeley 
Title: "The Ratio Problem"
Location: Online (Remote)

October 28, 2020, 1:30-2:45 p.m. 
Justin McCrary, Columbia University 
Title: "Price Regulation in Financial Markets"
Location: Online (Remote)

November 11, 2020, 1:30–2:45 p.m.
Patrick Corrigan, University of Notre Dame 
Title: "The Initial Maximum Pricing Range Estimate Decision in IPOs: Is Low-balling or High-balling the Optimal Strategy?"
Location: Online (Remote)

December 2, 2020, 1:30–2:45 p.m.
Adam Chilton, The University of Chicago Law School  
Title: "Designing Supreme Court Term Limits"
Location: Online (Remote)

 

Spring 2020 Schedule of Presenters

January 15, 2020, 12:45–2:00 p.m.
Sean Griffith, Fordham Law School 
Title: "Opt-In Stewardship: Toward an Optimal Delegation of Mutual Fund Voting Authority" 
Location: Vanderbilt Hall 208

January 29, 2020, 12:45–2:00 p.m.
Elizabeth Pollman, University of Pennsylvania Law School 
Title: "Private Company Lies"
Location: Vanderbilt Hall 208

February 19, 2020, 12:45–2:00 p.m.
Manisha Padi, University of California, Berkeley School of Law
Title: "Fiduciary Duty and the Market for Financial Advice"
Location: Vanderbilt Hall 208

March 4, 2020, 12:45–2:00 p.m.
Youssef Benzarti, University of California, Santa Barbara
Title: "Playing Hide and Seek: How Lenders Respond to Borrower Protection"
Location: Vanderbilt Hall 208

March 11, 2020, 12:45–2:00 p.m.
Ian Appel, Boston College, Carroll School of Management
Title: "Environmental Externalities of Activism"
Location: Vanderbilt Hall 208

April 1, 2020, 12:45–2:00 p.m.
Adam Chilton, University of Chicago Law School
Title: TBD
Location: Vanderbilt Hall 208

April 15, 2020, 12:45–2:00 p.m.
Justin McCrary, Columbia University School of Law
Title: TBD
Location: Vanderbilt Hall 208

 

Fall 2019 Schedule of Presenters

August 28, 2019, 12:45–2:00 p.m.
Abhay Aneja, University of California, Berkeley School of Law
Title: "The Effect of Political Power on Labor Market Inequality: Evidence from the 1965 Voting Rights Act"
Location: Vanderbilt Hall 208

September 11, 2019, 12:45–2:00 p.m.
Matthew Adler, Duke University School of Law
Title: "Fair Innings? The Utilitarian and Prioritarian Value of Risk Reduction over a Whole Lifetime"
Location: Vanderbilt Hall 208

October 2, 2019, 12:45–2:00 p.m.
Stefan Hunt, Chief Data and Digital Insights Officer at the Competition and Markets Authority (CMA)
Title: “From Maps to Apps: The Power of Machine Learning and Artificial Intelligence for Regulators, and Competition Agencies”
Location: Vanderbilt Hall 208

October 16, 2019, 12:45–2:00 p.m.
Julian Nyarko, Stanford Law School
Title: "Stickiness and Incomplete Contracts"
Location: Vanderbilt Hall 208

October 23, 2019, 12:45–2:00 p.m.
Andrew Hayashi, University of Virginia School of Law
Title: "Consumer Law Myopia"
Location: Vanderbilt Hall 208

November 6, 2019, 12:45–2:00 p.m.
Dorothy Lund, University of Southern California Gould School of Law
Title: "Nonvoting Shares and Efficient Corporate Governance"
Location: Vanderbilt Hall 208

December 4, 2019, 12:45–2:00 p.m.
Nadya Malenko, Boston College Carroll School of Management
Title: "Trading and Shareholder Voting"
Location: Vanderbilt Hall 208

 

Spring 2019 Schedule of Presenters

January 16, 12:45–2:00 p.m.
Paul Goldsmith-Pinkham, Yale School of Management
Title: “Predictably Unequal? The Effects of Machine Learning on Credit Markets”
Location: Vanderbilt Hall 208

February 6, 12:45–2:00 P.M.
Gabriel Rauterberg, University of Michigan Law School
Title: “Contracting Over Control: Shareholder Agreements in Newly Public Companies”
Location: Vanderbilt Hall 208

February 20, 12:45–2:00 P.M.
Vyacheslav Fos, Boston College Carroll School of Management
Title: “The Threat of Intervention”
Location: Vanderbilt Hall 208

March 6, 12:45–2:00 P.M.
Zohar Goshen, Columbia Law School
Title: “The Death of Corporate Law”
Location: Vanderbilt Hall 208

April 3, 12:45–2:00 P.M.
Michael Frakes, Duke Law School
Title: “Is Great Information Good Enough? Evidence from Physicians as Patients”
Location: Vanderbilt Hall 208

April 17, 12:45–2:00 p.m.
Daniel Hemel, University of Chicago Law School
Title: “Free Speech and Cheap Talk”
Location: Vanderbilt Hall 208

April 24, 12:45–2:00 p.m.
Adriana Robertson, University of Toronto Faculty of Law
Title: “Passive in Name Only: Delegated Management and "Index" Investing” (draft)
Location: Vanderbilt Hall 208

 

Fall 2018 Schedule of Presenters

August 29, 12:45–2:00 p.m.
William Hubbard, University of Chicago Law School
Title: “Stalling, Conflict, and Settlement”
Location: Vanderbilt Hall 208

September 26, 12:45–2:00 P.M. 
Eric Talley, Columbia Law School
Title: “Informed Trading and Cybersecurity Breaches”
Location: Vanderbilt Hall 208

October 10, 12:45–2:00 P.M.
Yuval Feldman, Bar-Ilan University
Title: "The Law of Good People" 
Location: Vanderbilt Hall 208

October 24, 12:45–2:00 P.M.
Sarath Sanga, Northwestern University School of Law
Title: "Network Effects in Corporate Governance"
Location: Vanderbilt Hall 208

November 7, 12:45–2:00 P.M.
Molly Brady, University of Virginia School of Law
Title: "The Forgotten History of Metes and Bounds"
Location: Vanderbilt Hall 208

November 28, 12:45–2:00 p.m.
Zach Liscow, Yale Law School
Title: "Infrastructure Costs"
Location: Vanderbilt Hall 208

December 5, 12:45–2:00 p.m.
Scott Baker, Washington University School of Law
Title:  "Analogical Persuasion"
Location: Vanderbilt Hall 208

Spring 2018 Schedule of Presenters

January 17, 12:452:00 p.m.
Martin Schmalz, University of Michigan, Stephen M. Ross School of Business  
Title: "Anti-Competitive Effects Of Common Ownership"
Location: Vanderbilt Hall 202
 
January 31, 12:452:00 p.m.
Henry Smith, Harvard Law School 
Title: "Sizing Up Private Law"
Location: Vanderbilt Hall 202
 
February 14, 12:452:00 p.m. 
John Pfaff, Fordham University
Title: "Locked Up: The True Causes of Mass Incarceration"
Location: Vanderbilt Hall 202
 
February 28, 12:452:00 p.m. 
Matthew Jennejohn, Brigham Young University Law School
Title: "Disrupting Relational Contracts"
Location: Vanderbilt Hall 202
 
March 7, 12:452:00 p.m. 
John Roemer, Yale University
Title: “How We Cooperate”
Location: Vanderbilt Hall 202
 
March 21, 12:452:00 p.m. 
Matthew Adler, Duke Law School  
Title: "A Better Calculus for Regulators: From Cost-Benefit Analysis to the Social Welfare Function"
Location: Vanderbilt Hall 202
 
April 4, 12:452:00 p.m. 
Simone Sepe, The University of Arizona James E. Rogers College of Law
Title: "Shadow Pills and Long-Term Firm Value" 
Location: Vanderbilt Hall 202
 
April 25, 12:452:00 p.m.  
Steven Davidoff-Solomon, University of California, Berkeley School of Law
Title: "Passive Investors" 
Location: Vanderbilt Hall 202

 

Fall 2017 Schedule of Presenters

August 30, 12:45–2:00 p.m.
Martijn Cremers, University of Notre Dame
Title: “Hedge Fund Activism and Long-Term Firm Value”
Location: Vanderbilt Hall 208
 
September 13, 12:45–2:00 P.M.
Adair Morse, University of California at Berkeley, Haas School of Business
Title: "How Pervasive is Corporate Fraud?"
Location: Vanderbilt Hall 208
 
September 27, 12:45–2:00 P.M.
Alon Brav, Duke University, The Fuqua School of Business
Title: "How Does Hedge Fund Activism Reshape Corporate Innovation?"  
Location: Vanderbilt Hall 208
 
October 11, 12:45–2:00 P.M.
Florian Ederer, Yale University, School of Management
Title: "Common Ownership, Competition, and Top Management Incentives"
Location: Vanderbilt Hall 208
 
October 25, 12:45–2:00 P.M.
Oren Bar-Gill, Harvard Law School  
Title: "Disclosure Rules in Contract Law"
Location: Vanderbilt Hall 208
 
November 8, 12:45–2:00 p.m.
Jillian Grennan, Duke University, Fuqua School of Business
Title: "The Deleveraging of U.S. Firms and Institutional Investors' Role" 
Location: Vanderbilt Hall 208
 
November 29, 12:45–2:00 p.m.
Maya Sen, Harvard University, John F. Kennedy School of Government
Title: "Influence and Ideology in the American Judiciary: Evidence from Supreme Court Law Clerks"  
Location: Vanderbilt Hall 208
 
 

Spring 2017 Schedule of Presenters

January 25, 12:452:00 p.m.
Petra Moser, NYU Stern School of Business, Department of Economics  
Copyrights and Creativity: Evidence from Italian Operas
Location: Vanderbilt Hall 202
 
February 15, 12:452:00 p.m.
Jonah Gelbach, University of Pennsylvania Law School
The Reduced Form of Litigation Models and the Plaintiff's Win Rate
Location: Vanderbilt Hall 202
 
February 22, 12:452:00 p.m. 
Jonathan Masur, University of Chicago Law School
Should Regulation Be Countercyclical?
Location: Vanderbilt Hall 202
 
March 8, 12:452:00 p.m. 
Robert Jackson, Columbia Law School 
Activist Directors and Information Leakage
Location: Vanderbilt Hall 202
 
April 5, 12:452:00 p.m. 
Veronica Santarosa, University of Michigan Law School
Don’t Cry for Argentina (or other Sovereign Borrowers): Lessons from a Previous Era of Sovereign Debt Contract Enforcement
Contracts without Courts: The Value of Contractual Protection in an Era of Absolute Sovereign Immunity
Location: Vanderbilt Hall 202
 
April 12, 12:452:00 p.m.  
Anthony Casey, The University of Chicago Law School
Distributional Rules and the Bankruptcy Partition
Location: Vanderbilt Hall 202
 
April 19, 12:452:00 p.m.    
Peter Conti-Brown, The Wharton School of the University of Pennsylvania
The Banker’s Thumb: The Institutional and Evolutionary History of Bank Supervision in the U.S., from the Civil War to Global Financial Crisis
Location: Vanderbilt Hall 202

 

Fall 2016 Schedule of Presenters

August 31, 12:452:00 p.m.
Jesse Fried, Harvard Law School
Title: Cheap-Stock Tunneling Around Pre-emptive Rights
Location: Vanderbilt Hall 202

September 14, 12:452:00 P.M.
Eric Posner, University of Chicago Law School
Title: Property Is Another Name for Monopoly
Location: Vanderbilt Hall 202

September 28, 12:452:00 P.M.
Jed Stiglitz, Cornell Law School
Title: Democratic Distrust and Administrative Lawmaking 
Location: Vanderbilt Hall 202

October 12, 12:452:00 P.M.
Abraham Wickelgren, University of Texas School of Law
Title: Cost of Completion versus Diminution of Value Damages for Deliberate Breach: An Economic Analysis
Location: Vanderbilt Hall 202

October 26, 12:452:00 P.M.
Albert Choi, University of Virginia 
Title: Optimal Fee-Shifting Bylaws
Location: Vanderbilt Hall 202

November 9, 12:452:00 P.M.
Robert Bartlett, University of California Berkeley School of Law
Title:  How Rigged Are Stock Markets?  Evidence from Microsecond Timestamps
Location: Vanderbilt Hall 202