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Growing Out of Trouble? Corporate Responses to Liability Risk

Todd A. Gormley and David A. Matsa.

in The Review of Financial Studies

August 2011; p ublished online April 2011 .

Journal Article. Subjects: Production and Organizations; Corporate Governance; Mergers and Acquisitions; Tort Law. 19909 words.

This article analyzes corporate responses to the liability risk arising from workers' exposure to newly identified carcinogens. We find that firms, especially those with weak balance...

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Of Tastes and Values

Guido Calabresi.

in American Law and Economics Review

December 2014; p ublished online September 2014 .

Journal Article. Subjects: General Economics; History of Economic Thought (to 1925); History of Economic Thought (1925 onwards); Economic Methodology; Microeconomics; Production and Organizations; Welfare Economics; Analysis of Collective Decision-making; Taxation, Subsidies, and Revenue; Publicly Provided Goods; Economics of Health; Education and Research Institutions; Law and Economics; Tort Law; Nonprofit Organizations and Public Enterprise; Capitalist Systems; Economic Sociology. 8249 words.

This lecture was delivered by Judge Calabresi upon receiving the Ronald H. Coase Medal at the Annual Meeting of the American Law and Economic Association at Stanford Law School on May 18,...

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