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Social Sciences x Jurisprudence and Philosophy of Law x Economics x clear all

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Strategic Bias Shifting: Herding as a Behaviorally Rational Response to Regret Aversion

Jennifer Arlen and Stephan Tontrup.

in Journal of Legal Analysis

December 2015; p ublished online February 2016 .

Journal Article. Subjects: Jurisprudence and Philosophy of Law; Economics. 18190 words.

In this article, we show experimentally that individuals can adapt their decision-making to social environments, like markets, and respond strategically to biases, such as regret aversion....

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Systemic Harms and Shareholder Value

John Armour and Jeffrey N. Gordon.

in Journal of Legal Analysis

October 2014; p ublished online September 2014 .

Journal Article. Subjects: Jurisprudence and Philosophy of Law; Economics. 19938 words.

The financial crisis has demonstrated serious flaws in the corporate governance of systemically important financial firms. In particular, the norm that managers should seek to maximize...

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Third-Party Beneficiaries and Contractual Networks

Alan Schwartz and Robert E. Scott.

in Journal of Legal Analysis

December 2015; p ublished online July 2015 .

Journal Article. Subjects: Jurisprudence and Philosophy of Law; Economics. 17003 words.

An increasing trend of economic agents is to form productive associations such as networks, platforms, and other hybrids. Subsets of these agents contract with each other to further their...

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Trade Associations, Lobbying, and Endogenous Institutions

Maria Larrain and Jens Prüfer.

in Journal of Legal Analysis

December 2015; p ublished online September 2015 .

Journal Article. Subjects: Jurisprudence and Philosophy of Law; Economics. 18923 words.

This article explores whether positive or negative effects of trade associations—private, formal, nonprofit organizations designed to promote the common interests of their members—on the...

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Trademark Functionality Reexamined

Robert G. Bone.

in Journal of Legal Analysis

June 2015; p ublished online March 2015 .

Journal Article. Subjects: Jurisprudence and Philosophy of Law; Economics. 32349 words.

The functionality doctrine in trademark law bars protection for some, but not all, source-identifying product features—so-called trade dress—that contribute to a product’s functional...

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Trust, Reputation, and Law: the Evolution of Commitment in Investment Banking

Alan D. Morrison and William J. Wilhelm.

in Journal of Legal Analysis

December 2015; p ublished online August 2015 .

Journal Article. Subjects: Jurisprudence and Philosophy of Law; Economics. 24197 words.

We discuss the commitment mechanisms that underpin social orderings. We categorize commitments in relationships along a hierarchy that runs from the most extralegal to the most legally...

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Understanding the AMT, and Its Unadopted Sibling, the AMxT

James R. Hines and Kyle D. Logue.

in Journal of Legal Analysis

December 2014; p ublished online October 2014 .

Journal Article. Subjects: Jurisprudence and Philosophy of Law; Economics. 18615 words.

Four million Americans with extensive tax preferences are subject to the Alternative Minimum Tax (AMT). By taxing a broad definition of income, the AMT makes it possible to have a tax...

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