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Predicting Consumer Demand Responses To Carbon Labels, Michael P. Vandenbergh, Sharon A. Shewmake, Abigail Okrent, Lanka Thabrew Nov 2015

Predicting Consumer Demand Responses To Carbon Labels, Michael P. Vandenbergh, Sharon A. Shewmake, Abigail Okrent, Lanka Thabrew

Vanderbilt Law School Faculty Publications

Providing carbon footprint labels for all food products is a daunting and potentially infeasible project. Knowing how consumers substitute away from high carbon goods and what they choose as substitutes is essential for understanding which goods are likely to result in meaningful reductions in carbon emissions. This paper proposes a model to systematically estimate how consumers will respond to information from a carbon footprint label. Our model uses consumers' value of their individual carbon footprint with own- and cross-price elasticities of demand data on carbon emissions from life cycle analysis to simulate shifts in consumer demand for 42 food products …


How Algorithmic Trading Undermines Efficiency In Capital Markets, Yesha Yadav Nov 2015

How Algorithmic Trading Undermines Efficiency In Capital Markets, Yesha Yadav

Vanderbilt Law School Faculty Publications

This Article argues that the rise of algorithmic trading undermines efficient capital allocation in securities markets. It is a bedrock assumption in theory that securities prices reveal how effectively public companies utilize capital. This conventional wisdom rests on the straightforward premise that prices reflect available information about a security and that investors look to prices to decide where to invest and whether their capital is being productively used. Unsurprisingly, regulation relies pervasively on prices as a proxy for the allocative efficiency of investor capital.

Algorithmic trading weakens the ability of prices to function as a window into allocative efficiency. This …


Identity As Proxy, Lauren D. Sudeall Oct 2015

Identity As Proxy, Lauren D. Sudeall

Vanderbilt Law School Faculty Publications

As presently constructed, equal protection doctrine is an identity- based jurisprudence, meaning that the level of scrutiny applied to an alleged act of discrimination turns on the identity category at issue. In that sense, equal protection relies on identity as a proxy, standing in to signify the types of discrimination we find most troubling.

Equal protection's current use of identity as proxy leads to a number of problems, including difficulties in defining identity categories; the tendency to privilege a dominant-identity narrative; failure to distinguish among the experiences of subgroups within larger identity categories; and psychological and emotional harm that can …


From Blame To Punishment: Disrupting Prefrontal Cortex Activity Reveals Norm Enforcement Mechanisms, Owen D. Jones, Justin W. Martin, Joshua W. Buckholtz, Michael T. Treadway, Katherine Jan, David H. Zald, Rene Marois Sep 2015

From Blame To Punishment: Disrupting Prefrontal Cortex Activity Reveals Norm Enforcement Mechanisms, Owen D. Jones, Justin W. Martin, Joshua W. Buckholtz, Michael T. Treadway, Katherine Jan, David H. Zald, Rene Marois

Vanderbilt Law School Faculty Publications

The social welfare provided by cooperation depends on the enforcement of social norms. Determining blameworthiness and assigning a deserved punishment are two cognitive cornerstones of norm enforcement. Although prior work has implicated the dorsolateral prefrontal cortex (DLPFC) in norm-based judgments, the relative contribution of this region to blameworthiness and punishment decisions remains poorly understood. Here, we used repetitive transcranial magnetic stimulation (rTMS) and fMRI to determine the specific role of DLPFC function in norm-enforcement behavior. DLPFC rTMS reduced punishment for wrongful acts without affecting blameworthiness ratings, and fMRI revealed punishment-selective DLPFC recruitment, suggesting that these two facets of norm-based …


Trends In Environmental Law Scholarship 2008-2014, Michael P. Vandenbergh, Linda K. Breggin, Jamieson Brock, Clarke Agre Aug 2015

Trends In Environmental Law Scholarship 2008-2014, Michael P. Vandenbergh, Linda K. Breggin, Jamieson Brock, Clarke Agre

Vanderbilt Law School Faculty Publications

The Environmental Law and Policy Annual Review (ELPAR) is published by the Environmental Law Institute's (ELI's) Environmental Law Reporter in partnership with Vanderbilt University Law School. ELPAR provides a forum for the presentation and discussion of the best ideas about environmental law and policy from the legal academic literature. As part of the article selection process each year, Vanderbilt University Law School students assemble and review the environmental law articles published during the previous academic year. In this Comment, we draw on the results of the ELPAR article selection process to report on trends in environmental legal scholarship for academic …


Climate Change: Leveraging Legacy, Michael P. Vandenbergh, Kaitlin T. Raimi Jul 2015

Climate Change: Leveraging Legacy, Michael P. Vandenbergh, Kaitlin T. Raimi

Vanderbilt Law School Faculty Publications

This Article explores whether a private governance initiative can harness
legacy concerns to address climate change. The socio-temporal trap is an
important barrier to climate change mitigation: The costs of reducing carbon
emissions will be incurred by this generation, but most of the benefits will
accrue to future generations. Research suggests that social influences—
including concerns about legacy—can induce individuals to overcome
collective action problems, but individuals know that future generations will
not have information about who acted today in ways meriting social sanctions
or rewards. Insufficient information may undermine three aspects of legacy-
driven behavior: the concern about how …


The Private Rationality Of Bottled Water Drinking, W. Kip Viscusi, Joel Huber, Jason Bell Jul 2015

The Private Rationality Of Bottled Water Drinking, W. Kip Viscusi, Joel Huber, Jason Bell

Vanderbilt Law School Faculty Publications

This article examines evidence for the private rationality of decisions to choose bottled water using a large, nationally representative sample. Consumers are more likely to believe that bottled water is safer or tastes better if they have had adverse experiences with tap water or live in states with more prevalent violations of EPA water quality standards. Perceptions of superior safety, taste, and convenience of bottled water boost consumption of bottled water. Blacks and Hispanics are more likely to drink bottled water due to their relatively greater exposure to unsafe water and greater risk beliefs. The coherent network of experiences, beliefs, …


Zivotofsky V. Kerry: A Foreign Relations Law Bonanza, Ingrid Wuerth Brunk Jul 2015

Zivotofsky V. Kerry: A Foreign Relations Law Bonanza, Ingrid Wuerth Brunk

Vanderbilt Law School Faculty Publications

This short paper on Zivotofsky v. Kerry gives an overview of the case and analyzes its significance for international law in constitutional interpretation and for the Supreme Court’s “normalization” of foreign relations law.

In terms of the overall significance of the case, it is a bonanza of foreign relations issues and doctrine: the executive Vesting Clause, the President as the “sole organ” of the nation, the need for the nation to speak with “one voice,” Curtiss-Wright, Youngstown, diplomatic history and practice, the Republic of Texas, secrecy and dispatch, Citizen Genet, the Spanish-American war, international law in constitutional interpretation, formalism and …


Regulating Ambiguous Risks: The Less Than Rational Regulation Of Pharmaceuticals, W. Kip Viscusi, Richard J. Zeckhauser Jun 2015

Regulating Ambiguous Risks: The Less Than Rational Regulation Of Pharmaceuticals, W. Kip Viscusi, Richard J. Zeckhauser

Vanderbilt Law School Faculty Publications

The US Food and Drug Administration (FDA) balances risks and benefits before approving pharmaceuticals. But powerful behavioral biases that lead to the mishandling of uncertainty also influence its approval process. The FDA places inordinate emphasis on errors of commission versus those of omission, a bias that is compounded by its desire to avoid blame should risks eventuate. Despite extensive testing, uncertainties inevitably remain. We often learn about the risks of drugs after they are on the market. And there are off-label uses of drugs, which are not part of the initial testing. The FDA shows a strong aversion to ambiguous …


Judicial Review Of Agency Benefit-Cost Analysis, W. Kip Viscusi, Caroline Cecof Apr 2015

Judicial Review Of Agency Benefit-Cost Analysis, W. Kip Viscusi, Caroline Cecof

Vanderbilt Law School Faculty Publications

This Article evaluates judicial review of agency benefit-cost analysis ("BCA") by examining a substantial sample of thirty-eight judicial decisions on agency actions that implicate BCA. Essentially, the Administrative Procedure Act tasks federal courts with ensuring that federal agency action is reasonable. As more agencies use BCA to justify their rulemakings, the court's duty often requires judges to evaluate the reasonableness of agency BCAs. In this Article, we discuss the challenges that trigger judicial review of agency BCAs and the standards that govern the review. We then present specific examples of how courts analyze BCAs. Overall, we find many examples of …


Reconceptualizing The Future Of Environmental Law: The Role Of Private Climate Governance, Michael P. Vandenbergh Apr 2015

Reconceptualizing The Future Of Environmental Law: The Role Of Private Climate Governance, Michael P. Vandenbergh

Vanderbilt Law School Faculty Publications

The title of this Symposium, Re-conceptualizing the Future of Environmental Law, accurately captures the challenge facing environmental law scholars and policymakers in 2015. The success of environmental law in the future will not arise from doubling down on the approaches developed over the last 50 years. Instead, it will arise from our willingness to learn from the past without being bound by the conceptual frameworks that dominated the early development of the field.

In particular, a successful future for environmental law is more likely to emerge if we acknowledge that the environmental problems, policy plasticity, and regulatory institutions that shaped …


Functionally Suspect: Reconceptualizing 'Race' As A Suspect Classification, Lauren Sudeall Apr 2015

Functionally Suspect: Reconceptualizing 'Race' As A Suspect Classification, Lauren Sudeall

Vanderbilt Law School Faculty Publications

In the context of equal protection doctrine, race has become untethered from the criteria underlying its demarcation as a classification warranting heightened scrutiny. As a result, it is no longer an effective vehicle for challenging the existing social and political order; instead, its primary purpose under current doctrine is to signal the presence of an impermissible basis for differential treatment. This Symposium Article suggests that, to more effectively serve its underlying normative goals, equal protection should prohibit not discrimination based on race per se, but government actions that implicate the concerns leading to race’s designation as a suspect classification. For …


Reference-Dependence Effects In Benefit Assessment: Beyond The Wta-Wtp Dichotomy And Wta-Wtp Ratios, W. Kip Viscusi Apr 2015

Reference-Dependence Effects In Benefit Assessment: Beyond The Wta-Wtp Dichotomy And Wta-Wtp Ratios, W. Kip Viscusi

Vanderbilt Law School Faculty Publications

Willingness-to-pay (WTP) values and willingness-to-accept (WTA) values have received considerable attention, but the role of reference-dependence effects is more diverse. Policies involving cost and risk may have reference point effects with respect to both cost and risk, leading to four potential valuation measures. Experimental evidence for water quality policies suggests that the cost reference effects are particularly influential in that context. There is, however, no evidence of significant reference effects for labor market estimates of the value of a statistical life. Sound application of benefit values other than WTP measures requires pertinent empirical evidence and an assessment of the underlying …


Payday Loan Choices And Consequences, Paige Marta Skiba, Neil Bhutta, Jeremy Tobacman Mar 2015

Payday Loan Choices And Consequences, Paige Marta Skiba, Neil Bhutta, Jeremy Tobacman

Vanderbilt Law School Faculty Publications

High-cost consumer credit has proliferated in the past two decades, raising regulatory scrutiny. We match administrative data from a payday lender with nationally representative credit bureau files to examine the choices of payday loan applicants and assess whether payday loans help or harm borrowers. We find consumers apply for payday loans when they have limited access to mainstream credit. In addition, the weakness of payday applicants’ credit histories is severe and longstanding. Based on regression discontinuity estimates, we show that the effects of payday borrowing on credit scores and other measures of financial well-being are close to zero. We test …


Does Learning About Climate Change Adaptation Change Support For Mitigation?, Michael P. Vandenbergh, Heather Barnes Truelove, Amanda R. Carrico, David Dana Mar 2015

Does Learning About Climate Change Adaptation Change Support For Mitigation?, Michael P. Vandenbergh, Heather Barnes Truelove, Amanda R. Carrico, David Dana

Vanderbilt Law School Faculty Publications

Many have speculated that increased attention to climate change adaptation will reduce support for mitigation. The Risk Compensation Hypothesis suggests that remedies to reduce the impacts of risky behaviors can unintentionally increase those behaviors. The Risk Salience Hypothesis suggests that information about adaptation may increase the salience of impacts, and therefore increase mitigation support. Experiment 1 presented participants with a news article about an irrigation technology described as a way to improve efficiency (Pure Control), reduce emissions (Mitigation Control), or reduce drought vulnerability (Adaptation). Political moderates in the adaptation condition rated climate change as a higher political priority and were …


Us Climate Policy Needs Behavioural Science, Michael P. Vandenbergh, Amanda R. Carrico, Paul C. Stern, Thomas Dietz Feb 2015

Us Climate Policy Needs Behavioural Science, Michael P. Vandenbergh, Amanda R. Carrico, Paul C. Stern, Thomas Dietz

Vanderbilt Law School Faculty Publications

In a rare move, the US Environmental Protection Agency (EPA), in a new draft rule known as 'The Clean Power Plan', has signalled that it will allow states and utilities to meet emissions standards by reducing electricity demand. The details of this regulation will have a substantial impact on its effectiveness, creating a tremendous opportunity to put integrated, multidisciplinary science to the practical end of mitigating climate change. Huge untapped potential exists for using knowledge about how the public responds to new technology, financial incentives and regulations. Financial incentives for home weatherproofing, for example, have varied tenfold in their impact …


Contextualizing Gay‐Straight Alliances: Student, Advisor And Structural Factors Related To Positive Youth Development Among Members, Matthew P. Shaw Feb 2015

Contextualizing Gay‐Straight Alliances: Student, Advisor And Structural Factors Related To Positive Youth Development Among Members, Matthew P. Shaw

Vanderbilt Law School Faculty Publications

Gay-straight alliances (GSAs) may promote resilience. Yet, what GSA components predict well-being? Among 146 youth and advisors in 13 GSAs (58% lesbian, gay, bisexual, or questioning; 64% White; 38% received free/reduced-cost lunch), student (demographics, victimization, attendance frequency, leadership, support, control), advisor (years served, training, control), and contextual factors (overall support or advocacy, outside support for the GSA) that predicted purpose, mastery, and self-esteem were tested. In multilevel models, GSA support predicted all outcomes. Racial/ethnic minority youth reported greater well-being, yet lower support. Youth in GSAs whose advisors served longer and perceived more control and were in more supportive school contexts …


The Relative Weights Of Direct And Indirect Experiences In The Formation Of Environmental Risk Beliefs, W. Kip Viscusi, Richard J. Zeckhauser Feb 2015

The Relative Weights Of Direct And Indirect Experiences In The Formation Of Environmental Risk Beliefs, W. Kip Viscusi, Richard J. Zeckhauser

Vanderbilt Law School Faculty Publications

Direct experiences, we find, influence environmental risk beliefs more than the indirect experiences derived from outcomes to others. This disparity could have a rational basis. Or it could be based on behavioral proclivities in accord with the well-established availability heuristic or the vested-interest heuristic, which we introduce in this article. Using original data from a large, nationally representative sample, this article examines the perception of, and responses to, morbidity risks from tap water. Direct experiences have a stronger and more consistent effect on different measures of risk belief. Direct experiences also boost the precautionary response of drinking bottled water and …


Against Immutability, Jessica A. Clarke Jan 2015

Against Immutability, Jessica A. Clarke

Vanderbilt Law School Faculty Publications

Courts often hold that antidiscrimination law protects “immutable” characteristics, like sex and race. In a series of recent cases, gay rights advocates have persuaded courts to expand the concept of immutability to include not just those traits an individual cannot change, but also those considered too important for anyone to be asked to change. Sexual orientation and religion are paradigmatic examples. This Article critically examines this new concept of immutability, asking whether it is fundamentally different from the old one and how it might apply to characteristics on the borders of employment discrimination law’s protection, such as obesity, pregnancy, and …


Why Choose? A Response To Rachlinski, Wistrich & Guthrie, Terry A. Maroney Jan 2015

Why Choose? A Response To Rachlinski, Wistrich & Guthrie, Terry A. Maroney

Vanderbilt Law School Faculty Publications

In "Heart Versus Head," Rachlinski, Guthrie, and Wistrich present experimental findings suggesting that judges sometimes rule on the basis of emotion rather than reason. Though there is much of value in their findings, they have presented a false choice. The experiments do offer strong evidence that judges' decisions can be influenced by the "affect heuristic," insofar as they show that prompting generalized feelings of good/bad and like/dislike can sway legal rulings that ought to be answered entirely on traditionally legalistic grounds. However, the experiments do not speak more broadly to the influence of judicial emotion, which is a far more …


The Myth Of The Condorcet Winner, Paul H. Edelman Jan 2015

The Myth Of The Condorcet Winner, Paul H. Edelman

Vanderbilt Law School Faculty Publications

There is consensus among legal scholars that, when choosing among multiple alternatives, the Condorcet winner, should it exist, is the preferred option. In this essay I will refute that claim, both normatively and positively. In addition, I will suggest that a different approach, based in behavioral economics, might be a more productive way to model the choices that legislatures make among multiple alternatives.


Lessons From The Turn Of The Twentieth Century For First-Year Courses On Legislation And Regulation, Kevin M. Stack Jan 2015

Lessons From The Turn Of The Twentieth Century For First-Year Courses On Legislation And Regulation, Kevin M. Stack

Vanderbilt Law School Faculty Publications

This essay — part of a special journal issue on Legislation and Regulation and Regulatory State courses as core elements of the law school curriculum — approaches the debate over adopting these courses by looking back to the controversy stirred by teaching administrative law in law schools at the beginning of the twentieth century. This essay argues that sources of resistance to administrative law at that time not only help to explain the slow pace of adoption of “Leg-Reg” and “Reg-State” courses today, but also inform what material these new courses should cover. At the turn of the century, both …


The Interpretive Dimension Of Seminole Rock, Kevin M. Stack Jan 2015

The Interpretive Dimension Of Seminole Rock, Kevin M. Stack

Vanderbilt Law School Faculty Publications

A lively debate has emerged over the deferential standard of review courts apply when reviewing an agency's interpretation of its own regulations. That standard, traditionally associated with Bowles v. Seminole Rock & Sand Co. and now more frequently attributed to Auer v. Robbins, states that a court must accept an agency's interpretation of its own regulations unless the interpretation is "plainly erroneous or inconsistent with the regulation." This Article argues that a court's choice of method for interpreting regulations” including how it determines which agency interpretations are inconsistent with the regulation ” may be just as important, if not more …


Foresight Bias In Patent Law, Sean B. Seymore Jan 2015

Foresight Bias In Patent Law, Sean B. Seymore

Vanderbilt Law School Faculty Publications

Much of patent reform has focused on efforts to make it harder to obtain and enforce low-quality patents. The most straightforward way to achieve this goal is to raise the substantive standards of patentability. What is often ignored in discussions about raising patentability standards is that high-quality inventions can slip through the cracks. What is more troubling is that sometimes this happens because of bias. This Article draws attention to foresight bias, which occurs when a decision-maker lets over-pessimism and an oversimplified view of the future influence the patentability determination. Foresight bias leads to a patent denial regardless of the …


Back To The Future, Michael A. Newton Jan 2015

Back To The Future, Michael A. Newton

Vanderbilt Law School Faculty Publications

This essay refocuses the debate over autonomous weapons systems to consider the potentially salutary effects of the evolving technology. Law does not exist in a vacuum and cannot evolve in the abstract. Jus in bello norms should be developed in light of the overarching humanitarian goals, particularly since such weapons are not inherently unlawful or unethical in all circumstances. This essay considers whether a preemptive ban on autonomous weapons systems is likely to be effective and enforceable. It examines the grounds potentially justifying a preemptive ban, concluding that there is little evidence that such a ban would advance humanitarian goals …


Coitus And Consequences In The Legal System: An Experimental Study, Joni Hersch, Beverly Moran Jan 2015

Coitus And Consequences In The Legal System: An Experimental Study, Joni Hersch, Beverly Moran

Vanderbilt Law School Faculty Publications

Scholars have found that men who physically harm their intimate partners receive less punishment than men who harm strangers. In other words, in the criminal setting, coitus has consequences. In particular, for female victims, the consequence is often a legal system that offers little or no protection. Until the experimental study presented here, no one has asked whether the same is true in civil actions. This original experimental survey, fielded on eight hundred participants, provides the first-ever evidence on whether legal decision makers hold sexual activity against females in civil settings. Participants received four scenarios- a homicide, a workplace sexual …


The Normalization Of Foreign Relations Law, Ganesh Sitaraman, Ingrid Wuerth Jan 2015

The Normalization Of Foreign Relations Law, Ganesh Sitaraman, Ingrid Wuerth

Vanderbilt Law School Faculty Publications

The defining feature of foreign relations law is that it is distinct from domestic law. Courts have recognized that foreign affairs are political by their nature and thus unsuited to adjudication, that state and local involvement is inappropriate in foreign affairs, and that the President has the lead role in foreign policymaking. In other words, they have said that foreign relations are exceptional. But foreign relations exceptionalism, "the belief that legal issues arising from foreign relations are functionally, doctrinally, and even methodologically distinct from those arising in domestic policy,” was not always the prevailing view. In the early twentieth century, …


Behavioral War Powers, Ganesh Sitaraman, David Zionts Jan 2015

Behavioral War Powers, Ganesh Sitaraman, David Zionts

Vanderbilt Law School Faculty Publications

A decade of war has meant a decade of writing on war powers. From the authority to start a war, to restrictions on fighting wars, to the authority to end a war, constitutional lawyers and scholars have explored the classic issues (war initiation, prosecution, and termination) through the classic prisms (text, history, and function) for a new generation of national security challenges. Despite the volume of writing on war powers and the urgency of the debates in the context of Iraq, Afghanistan, Libya, and Syria, war powers debates are widely seen as stagnant. We introduce a new set of perspectives …


Identity And Form, Jessica A. Clarke Jan 2015

Identity And Form, Jessica A. Clarke

Vanderbilt Law School Faculty Publications

Recent controversies over identity claims have prompted questions about who should qualify for affirmative action, who counts as family, who is a man or a woman, and who is entitled to the benefits of U.S. citizenship. Commentators across the political spectrum have made calls to settle these debates with evidence of official designations on birth certificates, application forms, or other records. This move toward formalities seeks to transcend the usual divide between those who believe identities should be determined based on objective biological or social standards, and those who believe identities are a matter of individual choice. Yet legal scholars …


America's Disposable Youth: Undocumented Delinquent Juveniles, Karla M. Mckanders Jan 2015

America's Disposable Youth: Undocumented Delinquent Juveniles, Karla M. Mckanders

Vanderbilt Law School Faculty Publications

Through discriminatory rhetoric state and local officials construct delinquent juvenile immigrant youth as the embodiment of a threat to public safety and American values. Accordingly, alleged delinquent undocumented immigrant children who have spent the majority of their lives in the United States, are subjected to discrimination and exclusionary practices, which enable lessened protections under the law. This article critically analyzes how undocumented delinquent youth, mainly Latino males, are constructed through the various narratives of immigrant children that are perpetuated by the media and policymakers, and how this impacts their treatment within the juvenile justice and immigration systems. Central to this …