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Irreversible And Catastrophic, Cass R. Sunstein Jan 2006

Irreversible And Catastrophic, Cass R. Sunstein

Articles

As many treaties and statutes emphasize, some risks are distinctive in the sense that they are potentially irreversible or catastrophic; for such risks, it is sensible to take extra precautions. When a harm is irreversible, and when regulators lack information about its magnitude and likelihood, they should purchase an "option" to prevent the harm at a later date-the Irreversible Harm Precautionary Principle. This principle brings standard option theory to bear on environmental law and risk regulation. And when catastrophic outcomes are possible, it makes sense to take special precautions against the worst-case scenarios-the Catastrophic Harm Precautionary Principle. This principle is …


Timing Controversial Decisions Ideas, Cass R. Sunstein Jan 2006

Timing Controversial Decisions Ideas, Cass R. Sunstein

Articles

No abstract provided.


Properties Of Concentration, Lee Anne Fennell Jan 2006

Properties Of Concentration, Lee Anne Fennell

Articles

No abstract provided.


Separation Versus Accommodation: Why We Should Favor The Latter, Richard A. Epstein Jan 2006

Separation Versus Accommodation: Why We Should Favor The Latter, Richard A. Epstein

Articles

No abstract provided.


Judicial Oversight In Two Dimensions: Charting Area And Intensity In The Decisions Of Justice Stevens, Adam M. Samaha, Allison Marston Danner Jan 2006

Judicial Oversight In Two Dimensions: Charting Area And Intensity In The Decisions Of Justice Stevens, Adam M. Samaha, Allison Marston Danner

Articles

No abstract provided.


Book Review (Reviewing Ronald Dworkin, Ed., Justice In Robes (2006) & Scott Hershovitz, Ed., Exploring Law's Empire: The Jurisprudence Of Ronald Dworkin (2006)), Brian Leiter Jan 2006

Book Review (Reviewing Ronald Dworkin, Ed., Justice In Robes (2006) & Scott Hershovitz, Ed., Exploring Law's Empire: The Jurisprudence Of Ronald Dworkin (2006)), Brian Leiter

Articles

No abstract provided.


Mandatory Access Obligations And Standing, Randal C. Picker Jan 2006

Mandatory Access Obligations And Standing, Randal C. Picker

Articles

No abstract provided.


Should Coercive Interrogation Be Legal?, Eric A. Posner, Adrian Vermeule Jan 2006

Should Coercive Interrogation Be Legal?, Eric A. Posner, Adrian Vermeule

Articles

No abstract provided.


International Law And The Rise Of China, Eric A. Posner, John C. Yoo Jan 2006

International Law And The Rise Of China, Eric A. Posner, John C. Yoo

Articles

No abstract provided.


Freedom Of The Press In Time Of War, Geoffrey R. Stone Jan 2006

Freedom Of The Press In Time Of War, Geoffrey R. Stone

Articles

No abstract provided.


Do We Have Too Many Intellectual Property Rights?, Richard A. Posner Jan 2006

Do We Have Too Many Intellectual Property Rights?, Richard A. Posner

Articles

No abstract provided.


Efficient Trespass: The Case For 'Bad Faith' Adverse Possession, Lee Anne Fennell Jan 2006

Efficient Trespass: The Case For 'Bad Faith' Adverse Possession, Lee Anne Fennell

Articles

No abstract provided.


A Lawyer's Responsibility: Protecting Civil Liberties In Wartime, Geoffrey R. Stone Jan 2006

A Lawyer's Responsibility: Protecting Civil Liberties In Wartime, Geoffrey R. Stone

Articles

No abstract provided.


Exclusionary Amenities In Residential Communities, Lior Strahilevitz Jan 2006

Exclusionary Amenities In Residential Communities, Lior Strahilevitz

Articles

No abstract provided.


Reconstructing Richard Epstein, Eduardo Peñalver Jan 2006

Reconstructing Richard Epstein, Eduardo Peñalver

Articles

No abstract provided.


Welsh S. White: Dedicated Scholar, Devoted Colleague, And Dear Friend, Albert Alschuler Jan 2006

Welsh S. White: Dedicated Scholar, Devoted Colleague, And Dear Friend, Albert Alschuler

Articles

No abstract provided.


Beyond Recidivism, Douglas G. Baird Jan 2006

Beyond Recidivism, Douglas G. Baird

Articles

No abstract provided.


Discharge, Waiver, And The Behavioral Undercurrents Of Debtor-Creditor Law, Douglas G. Baird Jan 2006

Discharge, Waiver, And The Behavioral Undercurrents Of Debtor-Creditor Law, Douglas G. Baird

Articles

No abstract provided.


Absolute Priority, Valuation Uncertainty, And The Reorganization Bargain, Douglas G. Baird, Donald S. Bernstein Jan 2006

Absolute Priority, Valuation Uncertainty, And The Reorganization Bargain, Douglas G. Baird, Donald S. Bernstein

Articles

In a Chapter 11 reorganization, senior creditors can insist on being paid in full before anyone junior to them receives anything. In practice, however, departures from "absolute priority" treatment are commonplace. Explaining these deviations has been a central preoccupation of reorganization scholars for decades. By the standard law-and-economics account, deviations from absolute priority arise because well-positioned insiders take advantage of cumbersome procedures and permissive judges. In this Essay, we suggest a different force is at work. Deviations from absolute priority are inevitable even in a world completely committed to respecting priority as long as the value of the reorganized enterprise …


Private Debt And The Missing Lever Of Corporate Governance, Douglas G. Baird, Robert K. Rasmussen Jan 2006

Private Debt And The Missing Lever Of Corporate Governance, Douglas G. Baird, Robert K. Rasmussen

Articles

Traditional approaches to corporate governance focus exclusively on shareholders and neglect the large and growing role of creditors. Today's creditors craft elaborate covenants that give them a large role in the affairs of the corporation. While they do not exercise their rights in sunny times when things are going well, these are not the times that matter most. When a business stumbles, creditors typically enjoy powers that public shareholders never have, such as the ability to replace the managers and install those more to their liking. Creditors exercise these powers even when the business is far from being insolvent and …


The Prime Directive, Douglas G. Baird, Robert K. Rasmussen Jan 2006

The Prime Directive, Douglas G. Baird, Robert K. Rasmussen

Articles

No abstract provided.


Introduction To Symposium: Homo Economicus, Homo Myopicus, And The Law And Economics Of Consumer Choice, Douglas G. Baird, Richard A. Epstein, Cass R. Sunstein Jan 2006

Introduction To Symposium: Homo Economicus, Homo Myopicus, And The Law And Economics Of Consumer Choice, Douglas G. Baird, Richard A. Epstein, Cass R. Sunstein

Articles

No abstract provided.


Peer Comparisons And Consumer Debt, Gary S. Becker, Luis Rayo Jan 2006

Peer Comparisons And Consumer Debt, Gary S. Becker, Luis Rayo

Articles

No abstract provided.


Boilerplate And Economic Power In Auto Manufacturing Contracts, Omri Ben-Shahar, James J. White Jan 2006

Boilerplate And Economic Power In Auto Manufacturing Contracts, Omri Ben-Shahar, James J. White

Articles

No abstract provided.


On The Stickiness Of Default Rules, Omri Ben-Shahar, John A. E. Pottow Jan 2006

On The Stickiness Of Default Rules, Omri Ben-Shahar, John A. E. Pottow

Articles

No abstract provided.


Foreword To Boilerplate: Foundations Of Market Contracts Symposium, Omri Ben-Shahar Jan 2006

Foreword To Boilerplate: Foundations Of Market Contracts Symposium, Omri Ben-Shahar

Articles

No abstract provided.


Foreign Sources And The American Constitution, Frank H. Easterbrook Jan 2006

Foreign Sources And The American Constitution, Frank H. Easterbrook

Articles

No abstract provided.


Intuition, Custom, And Protocol: How To Make Sound Decisions With Limited Knowledge, Richard A. Epstein Jan 2006

Intuition, Custom, And Protocol: How To Make Sound Decisions With Limited Knowledge, Richard A. Epstein

Articles

No abstract provided.


Our Ignorance About Intelligence, Richard A. Epstein Jan 2006

Our Ignorance About Intelligence, Richard A. Epstein

Articles

No abstract provided.


Behavioral Economics: Human Errors And Market Corrections, Richard A. Epstein Jan 2006

Behavioral Economics: Human Errors And Market Corrections, Richard A. Epstein

Articles

No abstract provided.