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Series

1999

Coase-Sandor Working Paper Series in Law and Economics

Articles 1 - 28 of 28

Full-Text Articles in Law

Should The Tax Law Require Current Accrual Of Interest On Derivative Financial Instruments?, David A. Weisbach Dec 1999

Should The Tax Law Require Current Accrual Of Interest On Derivative Financial Instruments?, David A. Weisbach

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


The Law Of Group Polarization, Cass R. Sunstein Dec 1999

The Law Of Group Polarization, Cass R. Sunstein

Coase-Sandor Working Paper Series in Law and Economics

In a striking empirical regularity, deliberation tends to move groups, and the individuals who compose them, toward a more extreme point in the direction indicated by their own predeliberation judgments. For example, people who are opposed to the minimum wage are likely, after talking to each other, to be still more opposed; people who tend to support gun control are likely, after discussion, to support gun control with considerable enthusiasm; people who believe that global warming is a serious problem are likely, after discussion, to insist on severe measures to prevent global warming. This general phenomenon -- group polarization -- …


Implementing Cost-Benefit Analysis When Preferences Are Distorted, Eric A. Posner, Matthew D. Adler Nov 1999

Implementing Cost-Benefit Analysis When Preferences Are Distorted, Eric A. Posner, Matthew D. Adler

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Market Signaling Of Personal Characteristics, Richard A. Posner, Gertrud M. Fremling Nov 1999

Market Signaling Of Personal Characteristics, Richard A. Posner, Gertrud M. Fremling

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Orwell Versus Huxley: Economics, Technology, Privacy, And Satire, Richard A. Posner Nov 1999

Orwell Versus Huxley: Economics, Technology, Privacy, And Satire, Richard A. Posner

Coase-Sandor Working Paper Series in Law and Economics

Orwell's novel Nineteen Eighty-Four and Huxley's novel Brave New World have often been thought prophetic commentaries on economic, political, and social matters. I argue, with particular reference to the supposed applicability of these novels to issues of technology and privacy, that the novels are best understood as literary works of art, rather than as social science or commentary, and that when so viewed Orwell's novel in particular reflects a dissatisfaction with everyday life and a nostalgia for Romantic values.


Cognition And Cost-Benefit Analysis, Cass R. Sunstein Oct 1999

Cognition And Cost-Benefit Analysis, Cass R. Sunstein

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Optimal Timing And Legal Decisionmaking: The Case Of The Liquidation Decision In Bankruptcy, Edward Morrison, Douglas G. Baird Oct 1999

Optimal Timing And Legal Decisionmaking: The Case Of The Liquidation Decision In Bankruptcy, Edward Morrison, Douglas G. Baird

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Regulating Network Industries: A Look At Intel, Randal C. Picker Oct 1999

Regulating Network Industries: A Look At Intel, Randal C. Picker

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


The Theory And Practice Of Citations Analysis, With Special Reference To Law And Economics, Richard A. Posner Sep 1999

The Theory And Practice Of Citations Analysis, With Special Reference To Law And Economics, Richard A. Posner

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Are Juries Less Erratic Than Individuals? Deliberation, Polarization, And Punitive Damages, Cass R. Sunstein, David Schkade, Daniel Kahneman Sep 1999

Are Juries Less Erratic Than Individuals? Deliberation, Polarization, And Punitive Damages, Cass R. Sunstein, David Schkade, Daniel Kahneman

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Nondelegation Canons, Cass R. Sunstein Sep 1999

Nondelegation Canons, Cass R. Sunstein

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


A Theory Of Contract Law Under Conditions Of Radical Judicial Error, Eric A. Posner Aug 1999

A Theory Of Contract Law Under Conditions Of Radical Judicial Error, Eric A. Posner

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Ironing Out The Flat Tax, David A. Weisbach Jul 1999

Ironing Out The Flat Tax, David A. Weisbach

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


The Long-Run Growth In Obesity As A Function Of Technological Change, Richard A. Posner, Tomas J. Philipson Jun 1999

The Long-Run Growth In Obesity As A Function Of Technological Change, Richard A. Posner, Tomas J. Philipson

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Winning The Art Lottery: The Economic Returns To The Ganz Collection, William M. Landes May 1999

Winning The Art Lottery: The Economic Returns To The Ganz Collection, William M. Landes

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Deconstructing Privacy: And Putting It Back Together Again, Richard A. Epstein May 1999

Deconstructing Privacy: And Putting It Back Together Again, Richard A. Epstein

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Do People Want Optimal Deterrence?, David Schkade, Cass R. Sunstein, Daniel Kahneman May 1999

Do People Want Optimal Deterrence?, David Schkade, Cass R. Sunstein, Daniel Kahneman

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Multiple Victim Public Shootings, Bombings, And Right-To-Carry Concealed Handgun Laws: Contrasting Private And Public Law Enforcement, John Lott, William M. Landes Apr 1999

Multiple Victim Public Shootings, Bombings, And Right-To-Carry Concealed Handgun Laws: Contrasting Private And Public Law Enforcement, John Lott, William M. Landes

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Rethinking Cost-Benefit Analysis, Eric A. Posner, Matthew D. Adler Apr 1999

Rethinking Cost-Benefit Analysis, Eric A. Posner, Matthew D. Adler

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Status Signaling And The Law, With Particular Application To Sexual Harassment, Richard A. Posner, Gertrud M. Fremling Mar 1999

Status Signaling And The Law, With Particular Application To Sexual Harassment, Richard A. Posner, Gertrud M. Fremling

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Environmental Violations, Legal Penalties, And Reputation Costs, John Lott, Jonathan M. Karpoff, Graeme Rankine Mar 1999

Environmental Violations, Legal Penalties, And Reputation Costs, John Lott, Jonathan M. Karpoff, Graeme Rankine

Coase-Sandor Working Paper Series in Law and Economics

This paper examines the sizes and determinants of fines, damage awards, remediation costs, and market value losses imposed on companies that violate environmental laws. We find that legal penalties are not significantly related to firm size, indicating no support for views that large companies face unusually small legal penalties. In fact, we can explain very little of the cross-sectional variation in legal penalties, lending support to arguments that such penalties are highly variable and unpredictable. On average, firms violating environmental laws suffer statistically significant losses in the market value of firm equity. The losses are of similar magnitude to the …


Intellectual Property And The Academic Enterprise, Kenneth W. Dam Mar 1999

Intellectual Property And The Academic Enterprise, Kenneth W. Dam

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Must Formalism Be Defended Empirically?, Cass R. Sunstein Mar 1999

Must Formalism Be Defended Empirically?, Cass R. Sunstein

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Shared Information Goods, Yannis Bakos, Erik Brynjolfsson, Douglas Gary Lichtman Feb 1999

Shared Information Goods, Yannis Bakos, Erik Brynjolfsson, Douglas Gary Lichtman

Coase-Sandor Working Paper Series in Law and Economics

Once purchased, information goods are often shared among groups of consumers. Computer software, for example, can be duplicated and passed from one user to the next. Journal articles can be copied. Music can be dubbed. In this paper, we ask whether these various forms of sharing undermine seller profit. We compare profitability under the assumption that information goods are used only by their direct purchasers, with profitability under the more realistic assumption that information goods are sometimes shared within small social communities. We reach several surprising conclusions. We find, for example, that under certain circumstances sharing will markedly increase profit …


An Economic Approach To The Law Of Evidence, Richard A. Posner Feb 1999

An Economic Approach To The Law Of Evidence, Richard A. Posner

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Private Broadcasters And The Public Interest: Notes Toward A 'Third Way', Cass R. Sunstein Feb 1999

Private Broadcasters And The Public Interest: Notes Toward A 'Third Way', Cass R. Sunstein

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


Public Schooling, Indoctrination, And Totalitarianism, John Lott Feb 1999

Public Schooling, Indoctrination, And Totalitarianism, John Lott

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.


The Questionable Empirical Basis Of Article 2'S Incorporation Strategy: A Preliminary Study, Lisa Bernstein Jan 1999

The Questionable Empirical Basis Of Article 2'S Incorporation Strategy: A Preliminary Study, Lisa Bernstein

Coase-Sandor Working Paper Series in Law and Economics

No abstract provided.