NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

 

SUMMER INSTITUTE 2008

 

Law and Economics Workshop

 

Christine Jolls, Organizer

 

Royal Sonesta Hotel, University Suite, Ground Floor

40 Edwin H. Land Blvd.

Cambridge, Massachusetts

July 24-25, 2008, and July 28, 2008

 

PROGRAM

 

THURSDAY, JULY 24:

 

 

8:00 am 

Coffee and pastries

 

 

8:40 am

VICTOR STANGO, UC, Davis

 

(Joint with Jonathan Zinman, Dartmouth College)

 

Fuzzy Math, Disclosure Regulation and Credit Market Outcomes

     

 

 

Discussant:  ALAN SCHWARTZ, Yale Law School

 

 

9:30 am

ANDREW DAUGHETY and JENNIFER REINGANUM, Vanderbilt University

 

Privacy, Publicity, and Choice

 

 

 

Discussant:  CHRISTOPHER SNYDER, Dartmouth College

 

 

10:20 am

Break

 

 

10:35 am

MARTHA BAILEY, University of Michigan and NBER

 

Momma's Got the Pill: Griswold v. Connecticut and U.S. Childbearing

 

 

 

Discussant:  MIREILLE JACOBSON, UC, Irvine and NBER

 

 

11:25 am

PINAR KARACA-MANDIC, University of Minnesota

 

Behavioral Impact of Graduated Driver Licensing on Teenage Driving Risk and Exposure

       

 

 

Discussant:  DANIEL RUBINFELD, UC, Berkeley and NBER

     

 

 

 

12:15 pm

Lunch

 

 

Special Session with the Labor Studies Program and the Economics of Crime Working Group

 

 

1:00 pm

BRIAN JACOB, University of Michigan and NBER

 

JENS LUDWIG, University of Chicago and NBER

 

Neighborhood Effects on Crime

 

 

2:00 pm

Break

 

 

2:15 pm

ANNA AIZER and PEDRO DAL BO, Brown University and NBER

 

Love, Hate, and Murder: Commitment Devices in Violent Relationships

 

 

3:15 pm

Break

 

 

3:30 pm

RADHA IYENGAR, Harvard University and NBER

 

JONATHAN MONTEN, Harvard University

 

Is there an Emboldenment Effect? Evidence from the Insurgency in Iraq

 

 

4:30 pm

Adjourn

 

 

6:00 pm

Dinner Celebration to Thank Martin Feldstein for his Service to the NBER

 

 

 

 

FRIDAY, JULY 25:

 

 

8:45 am

Coffee and pastries

 

 

9:15 am

ROHAN PITCHFORD, University of Sydney

 

(Joint with Mark Wright, UCLA)

 

Holdout Creditors in Sovereign Debt Restructuring:  A Theoretical Analysis

 

 

 

Discussant:  DANIEL KLERMAN, USC Law School

 

 

10:05 am

MARK ROE, Harvard Law School

 

(Joint with Howell Jackson, Harvard Law School)

 

Public and Private Enforcement of Securities Laws:  Resource-Based Evidence

 

 

 

Discussant:  FRITZ FOLEY, Harvard Business School and NBER

 

 

10:55 am

Break

 

 

11:10 am

M. KATE BUNDORF, Stanford University and NBER

 

(Joint with Natalie Chun, Stanford University; Gopi Shah Goda, Harvard University; and Daniel Kessler, Graduate School of Business, Stanford University and NBER)

 

Do Markets Respond to Quality Information? The Case of Fertility Clinics

     

 

 

Discussant:  IAN AYRES, Yale Law School and NBER

 

 

12:00 pm

Lunch

 

 

Special Session on Legally Disfavored Behavior in Markets

 

 

12:40 pm

OLIVER HART, Harvard University and NBER

 

(Joint with Ernst Fehr, Univeristy of Zurich and Christain Zehnder, Harvard Business School)

 

Contracts As Reference Points – Experimental Evidence

 

 

 

Discussant:  RAYMOND FISMAN, Columbia University and NBER

 

 

1:30 pm

KATHRYN SPIER, Harvard Law School and NBER

 

(Joint with Claudia Landeo, University of Alberta)

 

Naked Exclusion:  An Experimental Study of Contracts with Externalities

 

 

 

Discussant:  ALVIN KLEVORICK, Yale Law School

 

 

2:20 pm

Break

 

 

2:35 pm

ENRICHETTA RAVINA, Columbia University

 

Love & Loans:  The Effect of Beauty and Personal Characteristics in Credit Markets

 

 

 

Discussant:  PAUL OYER, Graduate School of Business, Stanford University and NBER

 

 

3:25 pm

Break

 

 

3:40 pm

JUSTIN WOLFERS, Wharton School, University of Pennsylvania and NBER

 

(Joint with Alok Kumar, McCombs School of Business, University of Texas)

 

Do Male Analysts, Mutual Fund Managers, and Individual Investors Discriminate Against Female CEOs?

 

 

 

Discussant:  ULRIKE MALMENDIER, UC, Berkeley and NBER

 

 

4:30 pm

CHRISTINE JOLLS, Yale Law School and NBER

 

(Joint with Ian Ayres, Yale Law School and NBER and Mahzarin Banaji, Harvard University)

 

Race Effects on eBay

 

 

 

Discussant:  NICOLA PERSICO, New York University and NBER

 

 

6:00 pm

Group dinner, Restaurant Dante in the Royal Sonesta Hotel

 

 

 

NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

SUMMER INSTITUTE 2008

 

Corporate Law and Investor Protection

 

Lucian Bebchuk and Christine Jolls, Organizers

 

Royal Sonesta Hotel

40 Edwin H. Land Boulevard

Cambridge, Massachusetts

 

July 28, 2008

 

PROGRAM

 

 

 

MONDAY, JULY 28

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

The Effects of Corporate Law/Investor Protection Reforms

 

 

 

FENG GAO, Simon School, University of Rochester

 

JOANNA SHUANG WU, Simon School, University of Rochester

 

JEROLD ZIMMERMAN, Simon School, University of Rochester

 

Unintended Consequences of Granting Small Firms Exemptions from Securities Regulation: Evidence from the Sarbanes-Oxley Act

 

 

 

Discussant TBA

 

 

 

MARTIJN CREMERS, Yale School of Management

 

ROBERTA ROMANO, Yale Law School and NBER

 

Institutional Investors and Proxy Voting:  The Impact of the 2003 Mutual Fund Voting Disclosure Regulation

 

 

 

Discussant TBA

 

 

 10:30 am

Break

 

 

 10:50 am

The Effects of Corporate Law/Investor Protection Reforms (cont.)

 

 

 

FABRIZIO FERRI, Harvard Business School

 

DAVID MABER, Harvard Business School

 

Solving the executive compensation problem through shareholder votes? Evidence from the U.K

 

 

 

Discussant: TBA

 

 

11:35 am

Corporate Law and Investor Protection In Closely Held Firms

 

 

 

J.C. DAMMANN, University of Texas at Austin - School of Law

 

MATTHIAS SCHUNDELN, Harvard University Department of Economics

 

The Incorporation Choices of Privately Held Corporations

 

 

 

Discussant TBA

 

 

12:10 pm

Lunch

 

 

 1:20 am

Securities Regulation

 

 

 

M. TODD HENDERSON, University of Chicago Law School

 

ALAN D. JAGOLINZER, Stanford University Graduate School of Business

 

KARL A.MULLER, Penn State Smeal College of Business

 

Scienter Disclosure

 

 

 

Discussant TBA

 

 

 

LUIGI ZINGALES, University of Chicago Graduate School of Business and NBER

 

The Future of Security Regulation

 

 

 

Discussant TBA

 

 

 2:50 pm

Break

 

 

 3:10 pm

Corporate Law and Investor Protection around the World

 

 

 

ENRICO PEROTTI, Universiteit Van Amsterdam - Amsterdam Business School

 

PAOLO VOLPIN, London Business School

 

Politics, Investor Protection and Competition

 

 

 

Discussant TBA

 

 

 

KATE LITVAK, University of Texas at Austin School of Law

 

The Correlation between Cross-Listing Premia, US Stock Prices, and Volume of US Trading: A Challenge to Law-Based Theories of Cross-Listing

 

 

 

Discussant TBA

 

 

 4:40 pm

Adjourn

 

 

 6:00 pm

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