University of Michigan Legal Working Paper Series
University of Michigan John M. Olin Center for Law & Economics Working Paper Series
Welcome to the University of Michigan's John M. Olin Center for Law and Economics' website at the Berkeley Electronic Press. This page contains links to research papers by Michigan faculty. A more complete description of the research, fellowships and activities sponsored by the Center can be found at the Center's webpage. For more information, please contact the Center's administrator, Al LaGrone.
Papers from 2008
Accredited Indians: Increasing the Flow of Private Equity into Indian Country as a Domestic Emerging Market, Gavin Clarkson (March 1, 2008)
Hustle and Flow: A Social Network Analysis of the American Federal Judiciary, Daniel Martin Katz and Derek Stafford (March 1, 2008)
Corporate Governance, Enforcement, and Firm Value: Evidence from India, Dhammika Dharmapala and Vikramaditya Khanna (March 1, 2008)
What Explains Insider Trading Restrictions? International Evidence on the Political Economy of Insider Trading Regulation, Laura N. Beny (January 25, 2008)
Papers from 2007
How to Repair Unconscionable Contracts, Omri Ben-Shahar (December 1, 2007)
Paying to Save: Tax Withholding and Asset Allocation among Low- and Moderate-Income Taxpayers, Michael S. Barr and Jane Dokko (November 29, 2007)
The Investor Compensation Fund, Alicia Davis Evans (November 1, 2007)
Private Regulation of Insider Trading in The Shadow of Lax Public Enforcement (and a Strong Neighbor): Evidence from Canadian Firms, Anita I. Anand and Laura N. Beny (November 1, 2007)
Genes as Tags: The Tax Implications of Widely Available Genetic Information, Kyle D. Logue and Joel B. Slemrod (November 1, 2007)
Do Individual Investors Affect Share Price Accuracy? Some Preliminary Evidence, Alicia Davis Evans (October 19, 2007)
Do Investors in Controlled Firms Value Insider Trading Laws? International Evidence, Laura N. Beny (October 1, 2007)
The Rise and Fall of Arm's Length: A Study in the Evolution of U.S. International Taxation, Reuven S. Avi-Yonah (September 1, 2007)
Business Income (Article 7 OECD MC), Reuven S. Avi-Yonah and Kimberly A. Clausing (September 1, 2007)
THE PRISONERS’ (PLEA BARGAIN) DILEMMA, Oren Bar-Gill and Omri Ben-Shahar (July 12, 2007)
A PROPOSAL TO ADOPT FORMULARY APPORTIONMENT FOR CORPORATE INCOME TAXATION: THE HAMILTON PROJECT, Reuven S. Avi-Yonah and Kimberly Clausing (July 2, 2007)
What Do Nonprofits Maximize? Hospital Service Provision and Market Ownership Mix, Jill Horwitz and Austin Nichols (July 1, 2007)
Antitrust and Pricing in the Motion Picture Industry, Barak Y. Orbach (June 1, 2007)
The Screening Effect of the Private Securities Litigation Reform Act, Stephen Choi, Karen K. Nelson, and Adam C. Pritchard (March 22, 2007)
A New Era of Tax Enforcement: From 'Big Stick' to Responsive Regulation, Sagit Leviner (February 1, 2007)
Can Corporate Governance Reforms Increase Firms' Market Values: Evidence from India, Bernard S. Black and Vikramaditya Khanna (February 1, 2007)
Tax Competition, Tax Arbitrage, and the Internation Tax Regime, Reuven S. Avi-Yonah (January 2, 2007)
Papers from 2006
Optimal Tax Compliance and Penalties When the Law Is Uncertain, Kyle D. Logue (December 14, 2006)
Corporate Social Responsibility and Strategic Tax Behavior, Reuven S. Avi-Yonah (December 7, 2006)
Tribal Bondage: Statutory Shackles and Regulatory Restraints on Tribal Economic Development, Gavin Clarkson (September 18, 2006)
Insider Trading Laws and Stock Markets Around the World (Former title: Do Insider Trading Laws Matter? Some Preliminary Comparative Evidence), Laura N. Beny (September 1, 2006)
Lawful Personal Use, Jessica D. Litman (August 25, 2006)
Greed and Pride in International Bankruptcy: The Problems and Proposed Solutions to “Local Interests”, John Pottow (July 1, 2006)
Improving Criminal Jury Decision Making After the Blakely Revolution, JJ Prescott and Sonja Starr (June 1, 2006)
Affirmative Action in American Law Schools: A Critical Response to Richard Sander's "A Reply to Critics", Richard O. Lempert, William C. Kidder, Timothy T. Clydesdale, and David L. Chambers (February 24, 2006)
Papers from 2005
"Boilerplate": An Introduction, Omri Ben-Shahar (November 23, 2005)
Boilerplate and Economic Power in Auto Manufacturing Contracts, Omri Ben-Shahar and James J. White (November 23, 2005)
Learning the Wrong Lessons from "An American Tragedy", David Bernstein (November 23, 2005)
The Irrational Auditor and Irrational Liability, Adam C. Pritchard (November 23, 2005)
Partial Ban on Plea Bargains, Oren Gazal (August 1, 2005)
Rev. Proc. 2005-24 and the UPC Elective Share, Lawrence W. Waggoner (August 1, 2005)
Credit Where It Counts: Maintaining a Strong Community Reinvestment Act, Michael S. Barr (May 1, 2005)
Institutions and Inclusion in Saving Policy, Michael S. Barr and Michael Sherraden (May 1, 2005)
Modes of Credit Market Regulation, Michael S. Barr (May 1, 2005)
The Real Impact of Eliminating Affirmative Action in American Law Schools: An Empirical Critique of Richard Sander's Study, David L. Chambers, Timothy T. Clydesdale, William C. Kidder, and Richard O. Lempert (May 1, 2005)
Credit Where It Counts: The Community Reinvestment Act and Its Critics, Michael S. Barr (April 29, 2005)
The Deregulation of International Trucking in the European Union: Form and Effect, Francine Lafontaine and Laura M. Valeri (April 25, 2005)
Globalization, Law & Development: Introduction and Overview, Michael S. Barr and Reuven S. Avi-Yonah (April 15, 2005)
Microfinance and Financial Development, Michael S. Barr (April 5, 2005)
The Cyclical Transformations of the Coporate Form: A Historical Pespective on Corporate Social Responsibility, Reuven S. Avi-Yonah (February 21, 2005)
Procedural Incrementalism: A Model for International Bankruptcy, John Pottow (January 20, 2005)
How Liability Distorts Incentives of Manufacturers to Recall Products, Omri Ben-Shahar (January 20, 2005)
Papers from 2004
Screening, Plea Bargains and the Innocent Problem, Oren Gazal (November 4, 2004)
Plea Bargains Only for the Guilty, Oren Gazal and Oren Bar-Gill (November 1, 2004)
The Coordinated Effects of Mergers in Differentiated Products Market, Kai-Uwe Kuhn (November 1, 2004)
An Ex-Ante View of the Battle of the Forms: Inducing Parties to Draft Reasonable Terms, Omri Ben-Shahar (October 1, 2004)
Contracts Without Consent: Exploring a New Basis for Contractual Liability, Omri Ben-Shahar (September 17, 2004)
Corporate Defendants and the Protections of Criminal Procedure: An Economic Analysis, Vikramaditya S. Khanna (September 17, 2004)
The Market for Criminal Justice: Federalism, Crime Control and Jurisdictional Competition, Doron Teichman (September 9, 2004)
Sex, Shame, and the Law: An Economic Perspective on Megan's Law, Doron Teichman (September 9, 2004)
Economic Theories of Bundling and their Policy Implications in Abuse Cases: An Assessment in Light of the Mircrosoft Case, Kai-Uwe Kuhn (September 1, 2004)
Banking the Poor: Policies to Bring Low-Income Americans Into the Financial Mainstream, Michael S. Barr (September 1, 2004)
Should Issuers be on the Hook for Laddering? An Empirical Analysis of the IPO Market Manipulation Litigation, Stephen Choi and Adam C. Pritchard (April 6, 2004)
Corporations, Society and the State: A Defense of the Corporate Tax, Reuven Avi-Yonah (March 24, 2004)
International Tax as International Law, Reuven Avi-Yonah (March 24, 2004)
The Pitfalls of International Integration: A Comment on the Bush Proposal and Its Aftermath, Reuven Avi-Yonah (March 24, 2004)
Banking the Poor, Michael S. Barr (March 7, 2004)
Credible Coercion, Oren Bar-Gill and Omri Ben-Shahar (March 3, 2004)
A Comparative Empirical Investigation of Agency and Market Theories of Insider Trading, Laura N. Beny (February 16, 2004)
"Agreeing to Disagree": Filling Gaps in Deliberately Incomplete Contracts, Omri Ben-Shahar (January 30, 2004)
Why We Need the Independent Sector: The Behavior, Law, & Ethics of Not-for-Profit Hospitals, Jill R. Horwitz (January 30, 2004)
The Durapolist Puzzle: Monopoly Power in Durable-Goods Market, Barak Y. Orbach (January 10, 2004)
Papers from 2003
Politics and the Business Corporation, Robert H. Sitkoff (December 30, 2003)
Dying to Get out of Debt: Consumer Insolvency Law and Suicide in Japan, Mark West (December 12, 2003)
Employment Market Institutions and Japanese Working Hours, Mark West (December 12, 2003)
Trust Law, Corporate Law, and Capital Market Efficiency, Robert H. Sitkoff (November 26, 2003)
Measuring Recovery for Non-Contractual Investment, Omri Ben-Shahar and Robert A. Mikos (September 17, 2003)
An Agency Costs Theory of Trust Law, Robert H. Sitkoff (September 1, 2003)
What Counts as Fraud? An Empirical Study of Motions To Dismiss Under the Private Securities Litigation Reform Act, Adam C. Pritchard and Hillary Sale (September 1, 2003)
Following the Man on the Clapham Omnibus: Social Science Evidence in Malpractice Litigation, Richard Lempert (July 30, 2003)
Legal Transitions, Rational Expectations, and Legal Progress, Kyle D. Logue (June 1, 2003)
Against Preemption: How Federalism Can Improve the National Legislative Process, Roderick Hills (May 28, 2003)
Insuring Against Terrorism and Crime, Saul Levmore and Kyle D. Logue (May 1, 2003)
Behavioral Economics and the SEC, Stephen Choi and Adam C. Pritchard (January 30, 2003)
Pain-and-Suffering Damages in Tort Law: Revisiting the Theoretical Framework and the Empirical Evidence, Ronen Avraham (January 1, 2003)