Center on Law, Innovation & Economic Growth Hosts More than 60 Scholars at Midwestern Law and Economics Conference

The law school’s Center on Law, Innovation & Economic Growth (CLIEG) recently hosted more than 60 presenters from around the world for the Annual Midwestern Law and Economics Conference.

Gerrit De Geest

Co-sponsored by the Midwestern Law and Economics Association, the conference offered an eclectic mix of cutting-edge scholarship, with topics ranging from corporate governance, antitrust law, litigation law, environmental law, and tort law to obscenity law.

“We looked for high-quality papers on virtually any topic as long as the paper demonstrated an economic approach,” says conference organizer Gerrit De Geest, professor of law and CLIEG director.

De Geest adds that while the range of papers presented was diverse, as a whole they provided valuable insight on the direction that research on law and economics is headed. “About a third of the papers were on corporate law, a topic that has blossomed in the wake of the 2008 economic crisis,” he says. “In addition, many of them were comparative in nature or involve international law, which shows how important a global approach to law and economics has become in recent years.”

Underscoring that international scope, presenters hailed not only from across the United States but from Israel, the Netherlands, and Belgium as well. In addition to De Geest, presenters from Washington University School of Law included Professors Adam Badawi, Scott Baker, John Drobak, Adam Rosenzweig, Hillary Sale, and Andrew Tuch.

Jeffrey Stake

Below are the presenters at the 2012 Annual Midwestern Law and Economics Conference and their paper topics.

  •  On Amir, UC-San Diego School of Management, and Orly Lobel, University of San Diego School of Law: “Risk Management for the Future: Age, Risk, and Choice Architecture” and“Innovation Motivation: Behavioral Effects of Post-Employment Restrictions”  
  • Adam Badawi, Washington University School of Law, and Scott Baker, Washington University School of Law: “An Economic Analysis of Standards of Review” 
  • Uri Benoliel, Academic Center of Law & Business (Israel), and Robert Emerson, Warrington College of Business Administration: “Are Franchisees Well-Informed? Revisiting the Debate Over Franchise Relationship Laws” 
  • Louis Visscher, Erasmus School of Law: “Time is Money? A Law and Economics Approach to ‘Loss of Time’ as Non-Pecuniary Loss” 
  • William Birdthistle, Chicago-Kent College of Law: “The Supreme Court’s Theory of the Fund” 
  • Yifat Bitton,School of Management – Israel: “Public Nuisance, Private Harm: Law & Economics Analysis of the ‘Female Fear’” 
  • Matthew Bodie, Saint Louis University School of Law: “Stock Options and the New Corporate Governance”  
  • Thomas Brennan, Northwestern University Law School: “Reinvestment Behavior of Large Repatriating Firms”  
  • Margaret Brinig, University of Notre Dame: “Accessory Dwelling Units” 
  • Brian Broughman, Indiana University Maurer School of Law: “Bribing Management to Sell the Company”  
  • Anthony Casey, University of Chicago Law School, and Andres Sawicki,University of Miami School of Law: “Teams,Creativity and the Firm” 
  • Miriam Cherry, Saint Louis University: “Toward a More Responsible Corporate Social Responsibility”  
  • Conrad Ciccotello, Georgia State University: “Boards in Practice: Director Location, Qualifications, and Credible Contracting” 
  • Carl Clottens, University of Leuven: “Empty Voting: A European Perspective” 
  • Juscelino Colares, Case Western Reserve University: “Paths to Carbon Stabilization: How Foreign Carbon-Restricting Reforms Will Affect U.S. Industry, Climate Policy and the Prospects of a Binding Emission Reduction Treaty” 
  • Shahar Dillbary, University of Alabama: “Tort-Fest” 
  • Gerrit De Geest, Washington University School of Law: “Why the Legal System is Superior to the Income Tax at Reducing Income Inequality” 
  • Dhammika Dharmapala, University of Illinois, and Vikramaditya Khanna, University of Michigan Law School: “Freeze-Outs Before Cross-Listings: An Analysis of the Mardi Gras Effect” 
  • Shai Dothan, Hebrew University of Jerusalem: “When Does Complementarity Improve Deterrence?” 
  • Christopher Drahozal, University of Kansas, and Peter B. Rutledge, University of Georgia: “Legal Change and Standard Form Contracts: The Use of Arbitration Clauses after AT&T Mobility LLC v. Concepcion”  
  • John Drobak, Washington University School of Law: “Courts, Cooperation, and Legitimacy” 
  • Michael Frakes, Cornell University: “Does Medical Malpractice Deter? The Impact of Tort Reforms and Malpractice Standard Reforms on Healthcare Quality”  
  • Nicholas Georgakopoulos, Indiana University Robert H. McKinney School of Law: “Pyres, Haircuts, and CACs: Lessons from Greco-Multilateralism for Creditors” 
  • Michael Gilbert, UVA Law School: “Disclosure and the Information Tradeoff” 
  • Nadelle Grossman, Marquette University Law School: “Distorted Disclosure Dogs Strategy”  
  • Enrique Guerra, Barry Law School: “The Turing Test and the Legal Process” 
  • Philip Hanke, Erasmus University, Rotterdam: “The Firm Location Race – Regulating Incentive Packages Given to Firms by Local and Regional Governments” 
  • Morgan Hazelton, Washington University: “Procedural Postures: The Influence of Legal Change on Strategic Litigants and Judges” 
  • Jenny Hawkins, Oberlin College: “Mitigating Hold-up Through Complementarities and Refundability” 
  • Frederic Helsen, KU Leuven School of Law: “Using Bootstrap Security Rights Against Collateral-Induced Adverse Selection” 
  • Shi-Ling Hsu, Florida State University: “Physical, Human, and Social Capital as Barriers to Environmental Policy Change 
  • Peter Huang, University of Colorado: “Tiger Cub Strikes Back: Memoirs of an Ex-Child Prodigy About Parenting and Legal Education 
  • Wulf Kaal, St. Thomas University: “Contingent Capital in Executive Compensation” 
  • Daniel Kelly, University of Notre Dame: “Restricting Testamentary Freedom: Ex Ante Versus Ex Post Considerations”  
  • Alexia Brunet Marks and Scott Moss, University of Colorado Law School: “What Makes a Law Student Succeed? A Longitudinal Study Correlating Information on Law Students’ Applications with Academic Performance and Employment Outcomes” 
  • Brett McDonnell, University of Minnesota: “Dampening Financial Regulatory Cycles”  
  • Ajay Mehrotra, Indiana University Maurer School of Law: “Corporate Capitalism and the Changing Constitution: The Legal Foundations of the Modern American Fiscal State” 
  • Timothy Meyer, University of Georgia School of Law: “Public Goods, Club Goods, and International Energy Governance” 
  • Scott A. Moss, University of Colorado Law School: “Bad Briefs, Bad Law, Bad Markets: Documenting the Poor Quality of Plaintiffs’ Briefs, Its Impact on the Law, and the Legal Market Failure It Reflects”  
  • Minor Myers, Brooklyn Law School: “Fixing MultiForum Shareholder Litigation” 
  • Jonathan Nash, Emory University School of Law: “Disentangling Institutional Constraints on Judging” 
  • Barak Orbach, University of Arizona College of Law: “DeBorking the Goals of Antitrust Law” 
  • Robert Rhee, University of Maryland: “On Duopoly and Compensation Games in the Credit Rating Industry”  
  • Michael Rich, Elon University: “Should We Make Crime Impossible?”  
  • Adam Rosenzweig, Washington University School of Law: “A Pro-Growth, Pro-Employment, Self-Financing Corporate Tax Cut”  
  • Hillary A. Sale, Washington University School of Law and Olin School of Business: “Public Governance”  
  • Brian Sawers, University of Maryland: “The Right to Exclude After Emancipation: A Quantitative Study” 
  • Andrew Schwartz, University of Colorado: “Protecting Corporate Inventions” 
  • Simone Sepe, University of Arizona: “Middle-Level Managers’ Incentives and Bank Risk-Taking: Theory and Evidence” 
  • Daniel Sokol, University of Florida: “Against Antitrust Cartel Exceptionalism”  
  • Dov Solomon, Academic Center of Law & Business (Israel): “The Rise of a Giant: Securitization and the Global Financial Crisis” 
  • Jeffrey Stake, Indiana University Maurer School of Law: “Law School Admissions” 
  • Michael Stone, Quinnipiac University: “Optimal Attorney Advertising”  
  • Maurice Stucke, University of Tennessee: “Is Competition Always Good?” 
  • Andrew Tuch, Washington University School of Law: “Conflicted Gatekeepers: The Volcker Rule and Goldman Sachs” 
  • Urska Velikonja, University of Maryland Francis King Carey School of Law: “The Social Cost of Financial Misrepresentations” 
  • Louis Visscher, Erasmus School of Law: “Time is Money? A Law and Economics Approach to ‘Loss of Time’ as Non-Pecuniary Loss” 
  • Melissa Wasserman, Illinois College of Law: “Does Agency Funding Affect Decisionmaking? An Empirical Assessment of the PTO’s Granting Patterns” 
  • Susan Yeh, University of Pennsylvania: “Does Obscenity Law Corrode Moral Values and Does It Matter? Evidence from 1958-2008”