Law and Economics Commons^™

The Theory Of Preferential Trade Agreements: Historical Evolution And Current Trends, Jagdish N. Bhagwati, Arvind Panagariya

Faculty Scholarship

The theory of preferential trade agreements (Pf A's), or what might be described in policy terms as the General Agreement on Tariffs and Trade (GATT) Article XXIV sanctioned freetrade areas (FTA's) and Customs Unions (CU's), has undergone two phases of evolution, in two very different modes, largely reflecting the contrasting policy concerns of the time. In this paper, we trace this evolution, offering both a historical context and an intellectual coherence to diverse analytical approaches.

America's Shifting Fascination With Comparative Corporate Governance, Edward B. Rock

All Faculty Scholarship

No abstract provided.

An Analysis Of Fee Shifting Based On The Margin Of Victory: On Frivolous Suints, Meritorious Suits, And The Role Of Rule 11, Howard F. Chang, Lucian A. Bebchuk

All Faculty Scholarship

When plaintiffs cannot predict the outcome of litigation with certainty, neither the American rule (each litigant bears its own litigation expenses) nor the British rule (the losing litigant pays the attorneys' fees of the winning litigant) would induce optimal decisions to bring suit. Plaintiffs may bring frivolous suits when litigation costs are small relative to the amount at stake; plaintiffs may not bring meritorious suits when litigation costs are large relative to this amount. More general fee-shifting rules are based not only on the identity of the winning party but also on how strong the court perceives the case to …

Lending Discsrimination: Economic Theory, Econometric Evidence, And The Community Reinvestment Act, Vincent D. Rougeau, Keith N. Hylton

Journal Articles

Although it has been settled law for almost two decades, there has been a heightened interest in the Community Reinvestment Act (CRA) over the last several years. One factor driving this interest is the continuing economic decline of the inner cities and the consequent widening of the wealth gap between cities and surrounding suburbs in many areas of the country. A second factor is the consolidation of the banking industry, which has encouraged expansion-oriented banks to improve their CRA ratings to gain the approval of regulators. A recent effort to enhance enforcement of the statute, in part the result of …

Legislative Development, The Attorney Accountability Act: A Case Study Of The Complexities Of Incentive-Based Legal Reform, Jamie S. Henikoff, Scott R. Peppet

Publications

No abstract provided.

Alienation Of Conservation Easements, Richard B. Collins

Publications

No abstract provided.

In-Kind Class Action Settlements, Scott R. Peppet

Publications

No abstract provided.

Legislatures, Courts And The Sec: Reflections On Silence And Power In Corporate And Securities Law, Faith Stevelman

Articles & Chapters

No abstract provided.

Contractual Bankruptcy Waivers: Reconciling Theory, Practice, And Law, Marshall E. Tracht

Articles & Chapters

No abstract provided.

A Reliance Damages Approach To Corporate Lockups, David A. Skeel Jr.

All Faculty Scholarship

No abstract provided.

Adventures In The Zone Of Twilight: Separation Of Powers And National Economic Security In The Mexican Bailout, Russell D. Covey

Faculty Publications By Year

No abstract provided.

Transfers Of Control And The Quest For Efficiency: Can Delaware Law Encourage Efficient Transactions While Chilling Inefficient Ones?, John C. Coffee Jr.

Faculty Scholarship

At first glance, few corporate law principles seem to be better established than the widely prevailing rule that a controlling shareholder may receive a control premium for its shares. From a comparative law perspective, however, this consensus may seem surprising, because the United States stands virtually alone in failing to accord minority shareholders any presumptive right to share in a control premium. Yet, from an economic perspective, the permissive U.S. rule is not surprising because economists generally agree that economic efficiency is promoted by privately negotiated control transfers at premiums not offered to minority shareholders.

The puzzling fact that this …

The Q-Word As Red Herring: Why Disparate Impact Liability Does Not Induce Hiring Quotas, Ian Ayres, Peter Siegelman

Peter Siegelman

No abstract provided.

La Ineficacia Concursal En La Ley 24.522, Martin Paolantonio, Salvador Bergel

Martin Paolantonio

Estudio sobre las sustantivas modificaciones a la acción de ineficacia o revocatoria en la quiebra introducidas por la ley 24522

Commentary: Exploring The Challenges Of Electronic Commerce Taxation Through The Experience Of Financial Instruments, Diane M. Ring

Diane M. Ring

No abstract provided.

Derecho En La Era Digital, Horacio M. Lynch

Horacio M. LYNCH

No abstract provided.

Los Money Market Funds En La Resolución General 277 De La Cnv, Martin Paolantonio

Martin Paolantonio

Análisis de la incorporación de los money market funds a la reglamentación de la Comisión Nacional de Valores