NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

 

SUMMER INSTITUTE 2005

 

Law and Economics Workshop

 

Christine Jolls and Steven Shavell, Organizers

 

Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, Massachusetts

 

July 27 - 29, 2005

 

PRELIMINARY PROGRAM

 

WEDNESDAY, JULY 27:

 

 

12:15 pm

Lunch

 

 

 1:15 pm

DAVID ABRAMS, MIT

 

MARIANNE BERTRAND, University of Chicago and NBER

 

SENDHIL MULLAINATHAN, Harvard University and NBER

 

Do Judges Vary in Their Treatment of Race?

 

 

 

Discussant: MAX SCHANZENBACH, Northwestern University

 

 

 2:00 pm

Break

 

 

 2:15 pm

CHARLES PLOTT, California Institute of Technology

 

KATHRYN ZEILER, Georgetown University

 

Asymmetries in Exchange Behavior Incorrectly Interpreted as Evidence of Prospect Theory

 

 

 

Discussant: W. KIP VISCUSI, Harvard University and NBER

 

 

 3:00 pm

Break

 

 

 3:15 pm

NICOLA GENNAIOLI, University of Stockholm

 

ANDREI SHLEIFER, Harvard University and NBER

 

The Evolution of Precedent

 

 

 

Discussant: ALAN SCHWARTZ, Yale University

 

 

 4:00 pm

WALLACE MULLIN, George Washington University

 

CHRISTOPHER SNYDER, Dartmouth College

 

Targeting Employees for Corporate Crime and Forbidding Their Indemnification

 

 

 

Discussant: DANIEL KLERMAN, University of Southern California

 

 

 4:45 pm

Adjourn

 

 

 6:00 pm

Clambake, Harvard Faculty Club, 20 Quincy Street, Cambridge, MA

 

 

THURSDAY, JULY 28:

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

YEON-KOO CHE, University of Wisconsin-Madison

 

KATHRYN SPIER, Northwestern University and NBER

 

Strategic Judgement Proofing

 

 

 

Discussant: ALLEN FERRELL, Harvard University

 

 

 9:45 am

ANDREW DAUGHETY and JENNIFER REINGANUM,

 

Vanderbilt University

 

Confidentiality and the Market Provision of Safety

 

 

 

Discussant: EDWARD GLAESER, Harvard University and NBER

 

 

10:30 am

Break 

 

 

10:45 am

JUSTIN WOLFERS, University of Pennsylvania and NBER

 

Did Unilateral Divorce Laws Raise Divorce Rates? A Reconciliation and New Results

 

 

 

Discussant: LEORA FRIEDBERG, University of Virginia and NBER

 

 

11:30 am

Break

 

 

11:45 am 

ABRAHAM WICKELGREN, University of Texas-Austin

 

Why Divorce Laws Matter: Incentives for Non-Contractible Marital Investments Under Unilateral and Consent Divorce

 

 

 

Discussant: ZVIKA NEEMAN, Boston University

 

 

12:30 pm

Lunch

 

 

 1:45 pm

JOHN ROMLEY, RAND Corporation

 

ERIC TALLEY, University of Southern California

 

Unincorporated Professionals

 

 

 

Discussant: THOMAS MILES, University of Chicago

 

 

 2:30 pm

Break

 

 

 2:45 pm

DAVID AUTOR, MIT and NBER

 

DAVID SCARBOROUGH, Unicru, Inc.

 

Will Job Testing Harm Minority Workers? Evidence from the Retail Sector

 

 

 

Discussant: IAN AYRES, Yale University and NBER

 

 

 3:30 pm

Break

 

 

 3:45 pm

JAMES PRIEGER, UC, Davis

 

The Impact of the Americans with Disabilities Act on the Entry and Exit of Retail Firms

 

 

 

Discussant: PAUL OYER, Stanford University and NBER

 

 

 4:30 pm

Adjourn

 

 

 6:00 pm

Group Dinner

 

 

 

 

Davio’s Restaurant

 

Royal Sonesta Hotel

 

Cambridge, MA

 

 

 

 

FRIDAY, JULY 29:

 

 

 

JOINT SESSION WITH THE CORPORATE GOVERNANCE PROJECT OF THE LAW AND ECONOMICS PROGRAM

 

 

 8:30 am

Coffee and Pastries

 

 

 

CEOs

 

 

 9:00 am

VINAY B. NAIR, University of Pennsylvania

 

Corporate Governance and Internal Organization

 

 

 9:50 am

MICHAEL JENSEN, Harvard University and NBER

 

KEVIN J. MURPHY, University of Southern California

 

ERIC WRUCK, Econalytics

 

CEO Pay . . . and How to Fix It

 

 

10:40 am

Break

 

 

 

Investor Protection

 

 

11:00 am

LUCIAN BEBCHUK, Harvard University and NBER

 

ZVIKA NEEMAN, Boston University

 

A Political Economy Model of Corporate Governance

 

 

11:50 am

MEGHANA AYYAGARI, George Washington University

 

ASLI DEMIRGÜÇ-KUNT, The World Bank

 

VOJISLAV MAKSIMOVIC, University of Maryland

 

How Well Do Institutional Theories Explain Firms’ Perceptions of Property Rights?

 

 

 

 

12:40 pm

Lunch

 

 

 

Corporate Governance and Firm Value

 

 

1:40 pm

AMY DITTMAR, University of Michigan

 

JAN MAHRT-SMITH, University of Toronto

 

Corporate Governance and the Value of Cash Holdings

 

 

2:30 pm

LUBOMIR P. LITOV, New York University

 

Corporate Governance and Financing Policy:  New Evidence

 

 

3:20 pm

Break

 

 

 

Boards

 

 

3:40 pm

MILTON HARRIS, University of Chicago

 

ARTUR RAVIV, Northwestern University

 

A Theory of Board Control and Size

 

 

4:30 pm

A. BURAK GÜNER, Stanford University

 

ULRIKE MALMENDIER, Stanford University and NBER

 

GEOFFREY TATE, University of Pennsylvania

 

The Impact of Boards with Financial Expertise on Corporate Policies

 

 

5:20 pm

Adjourn