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Articles 1 - 4 of 4
Full-Text Articles in Law
Informed Trading And Cybersecurity Breaches, Joshua Mitts, Eric L. Talley
Informed Trading And Cybersecurity Breaches, Joshua Mitts, Eric L. Talley
Faculty Scholarship
Cybersecurity has become a significant concern in corporate and commercial settings, and for good reason: a threatened or realized cybersecurity breach can materially affect firm value for capital investors. This paper explores whether market arbitrageurs appear systematically to exploit advance knowledge of such vulnerabilities. We make use of a novel data set tracking cybersecurity breach announcements among public companies to study trading patterns in the derivatives market preceding the announcement of a breach. Using a matched sample of unaffected control firms, we find significant trading abnormalities for hacked targets, measured in terms of both open interest and volume. Our results …
Law's Halo And The Moral Machine, Bert I. Huang
Law's Halo And The Moral Machine, Bert I. Huang
Faculty Scholarship
How will we assess the morality of decisions made by artificial intelligence – and will our judgments be swayed by what the law says? Focusing on a moral dilemma in which a driverless car chooses to sacrifice its passenger to save more people, this study offers evidence that our moral intuitions can be influenced by the presence of the law.
Going Negative: The Next Horizon In Climate Engineering Law, Tracy Hester, Michael B. Gerrard
Going Negative: The Next Horizon In Climate Engineering Law, Tracy Hester, Michael B. Gerrard
Faculty Scholarship
As the global community struggles to turn the Paris Agreement’s commitments into meaningful emission reductions and the United States turbulently reverses its climate policies, the potential role of “negative emissions technologies” and other climate engineering approaches is drawing increasingly serious attention. These technologies are engineering on the grandest scale: climate engineering seeks to offset the effects of anthropogenic climate change by either altering the solar radiation reaching the earth’s surface or changing the composition of the atmosphere itself. Specifically, negative emissions technologies would directly remove greenhouse gases (GHGs) from the ambient air and help to remove accumulated atmospheric carbon dioxide …
The Fisk-Vanderbilt Master’S-To-Ph.D. Bridge Program: Recognizing, Enlisting, And Cultivating Unrealized Or Unrecognized Potential In Underrepresented Minority Students, Keivan G. Stassun, Susan P. Sturm, Kelly Holley-Bockelmann, Arnold Burger, David J. Ernst, Donna Webb
The Fisk-Vanderbilt Master’S-To-Ph.D. Bridge Program: Recognizing, Enlisting, And Cultivating Unrealized Or Unrecognized Potential In Underrepresented Minority Students, Keivan G. Stassun, Susan P. Sturm, Kelly Holley-Bockelmann, Arnold Burger, David J. Ernst, Donna Webb
Faculty Scholarship
The Fisk-Vanderbilt Masters-to-Ph.D. Bridge Program is a model for substantially increasing the number of underrepresented minority students earning doctoral degrees in the physical sciences. The program presently leads the nation in master’s degrees in physics for African-Americans, and is one of the top ten producers of physics master’s degrees among all U.S. citizens. The program is on pace to become the nation’s top producer of underrepresented minority Ph.Ds. in physics, astronomy, and materials science. We summarize the main features of the program, including two of its core strategies: Partnering a minority-serving institution and a major research university through collaborative research, …