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Full-Text Articles in Public Interest

Dynamic Relationships Between Social Norms And Pro-Environmental Behavior: Evidence From Household Recycling, W. Kip Viscusi, Joel Huber, Jason Bell Feb 2018

Dynamic Relationships Between Social Norms And Pro-Environmental Behavior: Evidence From Household Recycling, W. Kip Viscusi, Joel Huber, Jason Bell

Vanderbilt Law School Faculty Publications

Social norms are strongly associated with pro-environmental behaviors, but the evolution and dynamic effects of norms are less well understood. This article builds on the distinction of norms being descriptive, characterizing what people actually do, or injunctive, characterizing what people should do. It identifies four categories of norms with the further distinction of whether the norms arise from the personal beliefs and actions or from the behaviors and judgments of others. The analysis uses five years of longitudinal US data that track household recycling and controls for household characteristics as well as differences in state recycling laws. The results extend …


Should We Use A Class Action's Impact On Stock Price To Gauge The Reasonableness Of Class Counsel's Fee?, John Fitzgerald Ready Jan 2018

Should We Use A Class Action's Impact On Stock Price To Gauge The Reasonableness Of Class Counsel's Fee?, John Fitzgerald Ready

Cornell Journal of Law and Public Policy

If a deterrence rationale fuels the engine that is class action litigation, then its principles should inform our efforts to cure the imperfections in class counsel compensation schemes. Class action defendants are deterred from wrongdoing when it becomes economically unwise to act as such. For publicly-traded companies, the economic prudence of their conduct depends on shareholder perception. Class actions are bad news for shareholders of the named defendant public company. In response, the market reacts, a company’s share price decreases, and a message is sent to the company about the imprudence of its conduct. A question then arises: should we …


A Guide To Understanding And Addressing Vacant Property In The City Of St. Louis, Dana M. Malkus Jan 2018

A Guide To Understanding And Addressing Vacant Property In The City Of St. Louis, Dana M. Malkus

Faculty White Papers

The City of St. Louis has a serious vacant property challenge. Since the population peak in 1950, the City has experienced a 63% decline in population and now has one of the highest rates of vacancy in the nation. The City has approximately 25,000 vacant properties. Approximately 12,000 of these are owned by the Land Reutilization Authority (LRA) or other public agencies, which means that approximately 13,000 are privately owned. Most of those vacant properties are concentrated in the north and southeast portions of the City. For a city of its size, the City has "an extremely large" number of …