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Full-Text Articles in Law
Nudge-Proof: Distributive Justice And The Ethics Of Nudging, Jessica L. Roberts
Nudge-Proof: Distributive Justice And The Ethics Of Nudging, Jessica L. Roberts
Michigan Law Review
A review of Cass R. Sunstein, The Ethics of Influence: Government in the Age of Behavioral Science.
The Myth Of The Ideal Investor, Elisabeth De Fontenay
The Myth Of The Ideal Investor, Elisabeth De Fontenay
Seattle University Law Review
Critiques of specific investor behavior often assume an ideal investor against which all others should be compared. This ideal investor figures prominently in the heated debates over the impact of investor time horizons on firm value. In much of the commentary, the ideal is a longterm investor that actively monitors management, but the specifics are typically left vague. That is no coincidence. The various characteristics that we might wish for in such an investor cannot peacefully coexist in practice. If the ideal investor remains illusory, which of the real-world investor types should we champion instead? The answer, I argue, is …