NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

SUMMER INSTITUTE 2007

Law and Economics Workshop

July 26-27 and August 30, 2007

Christine Jolls, Organizer

Royal Sonesta Hotel

University BC Room

40 Edwin H. Land Blvd.

Cambridge, Massachusetts

PROGRAM

THURSDAY, JULY 26:
9:00 am	Continental Breakfast
9:30 am	M. KEITH CHEN, Yale University School of Management
	(Joint with Alan Schwartz, Yale Law School)
	Intertemporal Choice and Legal Constraints
	Discussant: LOUIS KAPLOW, Harvard Law School and NBER
10:30 am	OLIVER HART, Harvard University and NBER
	Hold-up, Asset Ownership, and Reference Points
	Discussant: BENTLEY MACLEOD, Columbia University
11:30 am	Break
11:45 am	ANDREW DAUGHETY and JENNIFER REINGANUM, Vanderbilt University
	Products Liability, Signaling, and Disclosure
	Discussant: A. MITCHELL POLINSKY, Stanford Law School and NBER
12:45 pm	Lunch
Special Session on Judicial and Law Firm Behavior:
1:30 pm	PAUL OYER, Stanford Graduate School of Business and NBER
	(Joint with Scott Schaefer, School of Business at the University of Utah)
	Personnel-Economic Geography: Evidence from Large US Law Firms
	Discussant: BETSEY STEVENSON, Wharton School, University of Pennsylvania
2:30 pm	JOSHUA FISCHMAN, Tufts University
	Decision Making Under a Norm of Consensus: A Structural Analysis of Three-Judge Panels
	Discussant: JUSTIN WOLFERS, Wharton School, University of Pennsylvania and NBER
3:30 pm	Break
3:45 pm	BERT HUANG, Harvard University
	Measuring Judicial Discretion
	Discussant: PABLO SPILLER, School of Business at UC, Berkeley and NBER
4:45 pm	Adjourn
5:30 pm	Group Dinner, Restaurant Dante, Royal Sonesta Hotel
FRIDAY, JULY 27:
8:45 am	Continental Breakfast
9:15 am	STEVEN SHAVELL, Harvard Law School and NBER
	Eminent Domain versus Government Purchase of Land Given Imperfect Information about Owners’ Valuations
	Discussant: CASS SUNSTEIN University of Chicago Law School
10:15 am	RICHARD HOLDEN, Sloan School of Management, MIT
	(Joint with Roland Fryer, Jr., Harvard University and NBER)
	Measuring the Compactness of Political Districting Plans
	Discussant: JOEL WALDFOGEL, Wharton School, University of Pennsylvania and NBER
11:15 am	Break
11:30 am	ABRAHAM WICKELGREN, Northwestern University School of Law
	(Joint with Warren Schwartz, Georgetown University Law Center)
	Advantage Defendant: Why Sinking Litigation Costs Makes Negative Expected Value Defenses, But Not Negative Expected Value Suits, Credible
	Discussant: ROHAN PITCHFORD, University of Sydney
12:30 pm	Lunch
1:15 pm	W. BENTLEY MACLEOD, Columbia University
	(Joint with Armin Falk, University of Bonn, and David Huffman, IZA)
	Employment Protection, Bonus Pay, and Labor Market Performance
	Discussant: DANIEL KLERMAN, University of Southern California Law School
2:15 pm	Break
2:30 pm	YAIR LISTOKEN, Yale Law School
	Management Always Wins the Close Ones
	Discussant: ALLEN FERRELL, Harvard Law School
3:30 pm	VIRAL ACHARYA, London Business School
	(Joint with R. Krishnamurthy Subramanian, Goizueta Business School, Emory University)
	Bankruptcy Codes and Innovation
	Discussant: FELIX OBERHOLZER-GEE, Harvard Business School
4:30 pm	Adjourn
MONDAY, JULY 3O:
Meeting of the Corporate Governance Project of the Law and Economics Program (Lucian Bebchuck and Michael Weisbach, Organizers)