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Berkeley Program in Law & Economics
University of California, Berkeley

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Berkeley Program in Law & Economics, Working Paper Series
The Program in Law, Economics, and Institutions at U.C. Berkeley includes a weekly workshop for scholarly papers, fellowships for students, a program for visiting scholars, classes for students, and this working paper series. To find out more about us, visit our web site.

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PAPERS FROM 2008
James D. Cox and Eric Talley (May 1, 2008) Hope and Despair in the Magic Kingdom: In Re Walt Disney Company Derivative Litigation
Brian Broughman (May 1, 2008) Independent Directors and Board Control in Venture Finance
Aaron Edlin, Andrew Gelman, and Noah Kaplan (April 7, 2008) Voting as a Rational Choice
Andrew T. Guzman and Jennifer Landsidle (April 7, 2008) The Myth of International Delegation
Andrew T. Guzman (April 7, 2008) International Tribunals: A Rational Choice Analysis
Kenneth a. Bamberger and Andrew T. Guzman (April 7, 2008) Keeping Imports Safe: A Proposal for Discriminatory Regulation of International Trade
Richard M. Buxbaum (March 24, 2008) Trans-border Bank Insolvency: A Generation Later
PAPERS FROM 2007
Aaron Edlin (December 22, 2007) A Christmas Warning
Benno Torgler, Friedrich Schneider, and Christoph A. Schaltegger (January 23, 2007) With or Against the People? The Impact of a Bottom-Up Approach on Tax Morale and the Shadow Economy
Benno Torgler and Friedrich Schneider (January 22, 2007) Shadow Economy, Tax Morale, Governance and Institutional Quality: A Panel Analysis
Justina A. V. Fischer and Benno Torgler (January 22, 2007) Social Captial and Relative Income Concerns: Evidence from 26 Countries
Theocharis N. Grigoriadis and Benno Torgler (January 22, 2007) Energy Regulation, Roll Call Votes and Regional Resources: Evidence from Russia
Lars P. Feld and Benno Torgler (January 22, 2007) Tax Morale after the Reunification of Germany: Results from a Quasi-Natural Experiment
Aaron S. Edlin and Pinar Karaca-Mandic (January 11, 2007) The Accident Externality from Driving
Jesse Fried and Brian Broughman (January 9, 2007) Power and Payouts in the Sale of Startups
Alan J. Auerback (January 2, 2007) Why Have Corporate Tax Revenues Declined? Another Look
Alan J. Auerbach and Ronald D. Lee (January 2, 2007) Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability
PAPERS FROM 2006
Roland Kirstein and Robert D. Cooter (December 29, 2006) Sharing and Anti-Sharing in Teams
Robert D. Cooter, Michael Feldman, and Yuval Feldman (December 26, 2006) The Misperception of Norms: The Psychology of Bias and the Economics of Equilibrium
Roland Kirstein and Robert D. Cooter (December 24, 2006) Anti-Sharing as a Theory of Partnerships and Firms
Benno Torgler and Christoph A Schaltegger (December 13, 2006) The Determinants of Political Discussion: How important are audit courts and local autonomy?
Ronald G. Cummings, Jorge Martinez-Vazquez, Michael McKee, and Benno Torgler (December 13, 2006) Effects of Tax Morale on Tax Compliance: Experimental and Survey Evidence
Benno Torgler and Neven T. Valev (December 13, 2006) Public Attitudes toward Corruption and Tax Evasion: Investigating the role of gender over time
Benno Torgler and Friedrich G. Schneider (December 4, 2006) What Shapes Attitudes Toward Paying Taxes? Evidence from Multicultural European Countries
Bruno S. Frey and Benno Torgler (December 4, 2006) Tax Morale and Conditional Cooperation
Benno Torgler, Sascha L. Schmidt, and Bruno S. Frey (December 4, 2006) The Power of Positional Concerns: A Panel Analysis
Robert D. Cooter (December 4, 2006) The Intrinsic Value of Obeying a Law: Economic Analysis of the Internal Viewpoint
Christoph Schaltegger and Benno Torgler (December 1, 2006) Government Accountability and Fiscal Discipline: A panel analysis using Swiss data
Mark J. McCabe, Aviv Nevo, and Daniel L. Rubinfeld (November 17, 2006) The Pricing of Academic Journals
A. Mitchell Polinsky and Daniel L. Rubinfeld (October 1, 2006) The Deadweight Loss of Coupon Remedies for Price Overcharges
Alan J. Auerbach (September 4, 2006) The Future of Capital Income Taxation
Robert D. Cooter and Michael D. Gilbert (June 17, 2006) Chaos, Direct Democracy and the Single Subject Rule
Hildegart Ahumada, Facundo Alvaredo, and Alfredo J. Canavese (June 2, 2006) The Demand for Currency Approach and the Size of the Shadow Economy: A Critical Assessment
Jesse M. Fried (June 2, 2006) Corporate Law's Current-Owner Bias
Jesse M. Fried and Mira Ganor (May 8, 2006) Agency Costs of Venture Capitalist Control in Startups
Alan J. Auerbach (May 6, 2006) The Choice between Income and Consumption Taxes: A Primer
Alan J. Auerbach (May 6, 2006) Tax Reform in the 21st Century
Benno Torgler and Maria A. García-Valiñas (May 1, 2006) Participation in Environmental Organizations: An Empirical Analysis
Alan J. Auerbach (April 12, 2006) The U.S. Tax System in International Perspective: A Review of the 2006 Economic Report of the Presidentís Tax Chapter
A. Mitchell Polinsky and Daniel L. Rubinfeld (March 1, 2006) A Damage-Revelation Rationale for Coupon Remedies
Alan J. Auerbach, William G. Gale, and Peter R. Orszag (February 15, 2006) New Estimates of the Budget Outlook: Plus Ca Change, Plus C'est la Meme Chose
Gerard Hertig and Joseph A. McCahery (February 1, 2006) A Legal Options Approach to EC Company Law
Alan J. Auerbach and Kevin A. Hassett (January 2, 2006) Dividend Taxes and Firm Valuation: New Evidence
PAPERS FROM 2005
Robert D. Cooter (December 1, 2005) Adapt or Optimize? The Psychology and Economics of Rules of Evidence
Aaron S. Edlin (November 1, 2005) The Choose-Your-Charity Tax: A Way to Incentivize Greater Giving
Howard A. Shelanski and Michael L. Katz (October 19, 2005) Merger Analysis and the Treatment of Uncertainty: Should We Expect Better?
Jesse M. Fried (October 1, 2005) Informed Trading and False Signaling with Open Market Repurchases
Robert D. Cooter and Ariel Porat (August 26, 2005) Total Liability for Excessive Harm
Robert D. Cooter and Brian Broughman (August 11, 2005) Charity, Publicity, and the Donation Registry
Robert D. Cooter (April 22, 2005) Innovation, Information, and the Poverty of Nations
Robert D. Cooter (February 10, 2005) Law, Information, and the Poverty of Nations
Edgardo Buscaglia and Jan van Dijk (January 25, 2005) Controlling Organized Crime and Corruption in the Public Sector
PAPERS FROM 2004
Robert Daines (November 8, 2004) The Good, The Bad and the Lucky: CEO Pay and Skill
Gérard Roland (November 8, 2004) Entrepreneurship: First Results from Russia
Federico Echenique and Aaron S. Edlin (October 16, 2004) Mixed equilibria are unstable in games of strategic complements
Brett McDonnell (October 12, 2004) Delaware, Federalism, and the Expertise-Bias Tradeoff
Ernesto Dal Bo (September 27, 2004) Bribing Voters
Matthias Benz (September 3, 2004) Procedural Utility: An Economics Beyond Outcomes
Amir Licht (September 3, 2004) The Maximands of Corporate Governance: A Theory of Values and Cognitive Style
Max Stearns (September 3, 2004) A Beautiful Mend: A Game Theoretical Analysis of the Dormant Commerce Clause Doctrine
Ariel Porat and Omri Yadlin (September 3, 2004) Achieving Consensus for Wealth Redistribution Through Deferred-Implementation Agreements
Edward Morrison (September 1, 2004) Serial Entrepreneurs and Small Business Bankruptcies
William W. Bratton (August 31, 2004) THE CONTENT OF CORPORATE FEDERALISM
Zenichi Shishido (August 25, 2004) Changes in Japanese Corporate Law and Governance: Revisiting the Convergence Debate
Aaron S. Edlin and Daniel L. Rubinfeld (August 1, 2004) Exclusion or Efficient Pricing? The "Big Deal" Bundling of Academic Journals
Mira Ganor (July 1, 2004) A Proposal to Restrict Manipulative Strategy in Auction IPO's
Mira Ganor (July 1, 2004) Improving the Legal Environment for Start-Up Financing by Rationalizing Rule 144
Curt Taylor (May 19, 2004) Privacy and Information Acquisition in Competitive Markets
Daniel B. Rodriguez (April 1, 2004) What Statutes Mean: Positive Political Theory Perspectives on Legislation and its Interpretation
Guhan Subramanian (April 1, 2004) Post-Siliconix Freeze-Outs: Theory, Evidence & Policy
John C. Coffee (March 1, 2004) Gatekeeper Failure and Reform: The Challenge of Fashioning Relevant Reforms
Ron Harris (February 1, 2004) Institutional Innovations, Theories of the Firm, and the Formation of the East India Company
PAPERS FROM 2003
Doug Lichtman (December 1, 2003) Copyright as a Rule of Evidence
Robert D. Cooter (November 8, 2003) The Donation Registry
A. Mitchell Polinsky and Daniel L. Rubinfeld (November 1, 2003)  REMEDIES FOR PRICE OVERCHARGES: THE DEADWEIGHT LOSS OF COUPONS AND DISCOUNTS
Mark F. Grady and Moin Yahya (October 22, 2003) Liability Failure
Robert D. Cooter (October 16, 2003) Federalism with Two Languages
Vincy Fon and Francesco Parisi (October 1, 2003) Stability and Change in International Customary Law
Daniel L. Rubinfeld and Roy J. Epstein (August 20, 2003) Merger Simulation with Brand-Level Margin Data: Extending PCAIDS with Nests
Anthony Ogus (August 1, 2003) Corruption and Regulatory Structures
Sharon Hannes (August 1, 2003) A Demand-Side Theory of Antitakeover Defenses
Robert D. Cooter and Ariel Porat (July 17, 2003) Decreasing Liability Contracts
Aaron S. Edlin (June 1, 2003) Optimal Penalties in Contracts
Oren Bar-Gill and Omri Ben-Shahar (June 1, 2003) The Law of Duress and the Economics of Credible Threats
John R. Allison, Mark Lemley, Kimberly A. Moore, and Derek Trunkey (June 1, 2003) Valuable Patents
Dan L. Burk and Mark Lemley (June 1, 2003) Policy Levers in Patent Law
Robert D. Cooter (June 1, 2003) Treating Yourself Instrumentally: Internalization, Rationality and Law
Lucian A. Bebchuk and Jesse M. Fried (May 1, 2003) Executive Compensation as an Agency Problem
Robert D. Cooter (May 1, 2003) Hand Rule Damages for Incompensable Losses
Joseph Bankman (April 17, 2003) Who Should Bear Tax Compliance Costs?
Amitai Aviram (April 15, 2003) A Network Effects Analysis of Private Ordering
James E. Rauch and Joel Watson (April 1, 2003) Are There Too Many Entrepeneurs? A Model of Client-Based Entrepreneurship
Robert P. Merges (March 1, 2003) The Uninvited Guest: Patents on Wall Street
Andrew Guzman (February 24, 2003) The Political Economy of Litigation and Settlement at the WTO
Stephen M. Bainbridge (February 10, 2003) Dead Hand and No Hand Pills: Precommitment Strategies in Corporate Law
Richard Epstein (January 15, 2003) Class Actions: Aggregation, Amplification and Distortion
Suzanne Scotchmer (January 2, 2003) The Political Economy of Intellectual Property Treaties
PAPERS FROM 2002
Brian R. Cheffins (December 15, 2002) Investor Sentiment and Antitrust Law as Determinants of Corporate Ownership Structure: The great Merger Wave of 1897 to 1903
Steven D. Levitt (December 1, 2002) Rotten Apples: An Investigation of the Prevalence and Predictors of Teacher Cheating
Robert D. Cooter (November 15, 2002) Who Gets On Top in Democracy? Elections as Filters
Roland Kirstein and Neil Rickman (October 23, 2002) "Third Party Contingency" contracts in settlement and litigation
Alon Chaver and Jesse M. Fried (October 16, 2002) Managers' Fiduciary Duty Upon the Firm's Insolvency: Accounting for Performance Creditors
Jesse M. Fried (October 16, 2002) Using Inside Information to Abstain from Trading
Lynn M. LoPucki and Joseph W. Doherty (September 13, 2002) Why Are Delaware and New York Reorganizations Failing?
Richard Craswell (September 5, 2002) Kaplow and Shavell on the Content of Fairness
Roberta Romano (September 1, 2002) Does Confidential Proxy Voting Matter?
Marilyn F. Johnson, Karen K. Nelson, and Adam C. Pritchard (September 1, 2002) Do the Merits Matter More? Class Actions under the Private Securities Litigation Reform Act
Aaron S. Edlin (August 30, 2002) Per-Mile Premiums for Auto Insurance
Robert D. Cooter and Ariel Porat (June 1, 2002) Anti-Insurance
Aaron S. Edlin (June 1, 2002) Forward Discount Bias, Nalebuff's Envelope Puzzle, and the Siegel Paradox in Foreign Exchange
Bruno S. Frey and Alois Stutzer (April 29, 2002) Beyond Outcomes: Measuring Procedural Utility
Marcel Kahan and Ehud Kamar (April 22, 2002) The Myth of State Competition in Corporate Law
Donald Langevoort (April 15, 2002) Taming the Animal Spirits of the Stock Market: A Behavioral Approach to Securities Regulation
Hans-Bernd Schaefer (April 8, 2002) Rule Based Legal Systems as a Substitute for Human Capital. Should Poor Countries Have a More Rule-Based Legal System?
Eric Helland and Alex Tabarrok (April 2, 2002) The Effect of Electoral Institutions on Tort Awards
Omri Yadlin (April 2, 2002) The Conspirator Dilemma: Introducing the “Trojan Horse” Enforcement Strategy
Peter H. Huang (April 2, 2002) Beliefs, Fears, & Feelings of Guilt in Securities Investing
Frederick Tung (April 2, 2002) Skepticism about Universalism: International Bankruptcy and International Relations
James D. Cox (April 1, 2002) The Death of the Securities Regulator: Globalization
PAPERS FROM 2001
Aaron S. Edlin (December 11, 2001) Stopping Above-Cost Predatory Pricing
Lucian Arye Bebchuk, Jesse M. Fried, and David I. Walker (November 1, 2001) Executive Compensation in America: Optimal Contracting or Extraction of Rents?
Kathryn E. Spier (October 5, 2001) The Use of “Most-Favored-Nation” Clauses in Settlement of Litigation
A. Mitchell Polinsky and Daniel L. Rubinfeld (September 1, 2001) A Note on Settlements under the Contingent Fee Method of Compensating Lawyers
Aaron S. Edlin and Benjamin E. Hermalin (September 1, 2001) Implementing the First Best in an Agency Relationship with Renegotiation: A Corregendum
Bruno S. Frey (August 30, 2001) Flexible Citizenship for a Global Society
A. Mitchell Polinsky and Daniel L. Rubinfeld (August 1, 2001) Aligning the Interests of Lawyers and Clients
Stephen J. Choi and Eric L. Talley (July 1, 2001) A Defense of Shareholder Favoritism
Henry Hansmann (July 1, 2001) Property, Contract, and Verifiability: Understanding the Law's Restrictions on Divided Rights
Douglas Lichtman (June 30, 2001)  Copyright as a Rule of Evidence
David Friedman (June 1, 2001)  Contracts in Cyberspace
Robert D. Cooter and Winand Emons (April 30, 2001)  Truth-Bonding and Other Truth-Revealing Mechanisms for Courts [technical version]
Lucian A. Bebchuk and jesse m. fried (April 1, 2001) A New Approach to Valuing Secured Claims in Bankruptcy
Peter S. Menell (March 19, 2001) Economic Implications of State Sovereign Immunity from Infringement of Federal Intellectual Property Rights
Iris Bohnet and Robert Cooter (March 9, 2001) Expressive Law: Framing or Equilibrium Selection?
V.S. Khanna (February 23, 2001) How Does Double Jeopardy Help Defendants?
PAPERS FROM 2000
Robert D, Cooter and Ariel Porat (December 3, 2000) Should Courts Deduct Non-Legal Sanctions from Damages?
Andrew T. Guzman (November 7, 2000) International Antitrust and the WTO: The Lesson from Intellectual Property
Robert Cooter and Nuno Garoupa (November 7, 2000) The Virtuous Circle of Distrust: A Mechanism to Deter Bribes and Other Cooperative Crimes
Christine Jolls (November 1, 2000) Accommodation Mandates and Antidiscrimination Law
Francois Leveque (October 1, 2000) The Controversial Choice of Remedies to Cope with the Anti-Competitive Behavior of Microsoft
Gordon C. Rausser and Arthur A. Small (September 1, 2000) Valuing Research Leads: Bioprospecting and the Conservation of Genetic Resources
Andrew Guzman (September 1, 2000) Choice of Law: New Foundations
Mark Lemley (June 1, 2000) Rational Ignorance at the Patent Office
Gordon C. Rausser, Leo K. Simon, and Jinhua Zhao (May 11, 2000) Environmental Remedies: An Incomplete Information Aggregation Game
David Friedman (May 4, 2000) Contracts in Cyberspace
Robert D. Cooter and Melvin Eisenberg (April 1, 2000) Fairness, Character, and Efficiency in Firms
Robert Cooter (April 1, 2000) Do Good Laws Make Good Citizens? An Economic Analysis of Internalizing Legal Values
Mark A. Lemley and Lawrence Lessig (April 1, 2000) The End of End-to-End: Preserving the Architecture of the Internet in the Broadband Era
Frank Buckley (March 6, 2000) Liberal Nationalism
Robert D. Cooter and Ariel Porat (March 1, 2000) Does Risk to Oneself Increase the Care Owed to Others? Law and Economics in Conflict
Robert D. Cooter and Winand Emons (March 1, 2000) Truth-Bonding and Other Truth-Revealing Mechanisms for Courts
Stephen J. Choi (March 1, 2000) Regulating Investors Not Issuers: A Market Based Proposal
Marcel Kahan and Ehud Kamar (March 1, 2000) Price Discrimination in the Market for Corporate Law
Zohar Goshen and Zvi Wiener (March 1, 2000) The Value of the Freezeout Option
Jesse M. Fried (March 1, 2000) Insider Signaling and Insider Trading with Repurchase Tender Offers
Merritt Fox and Michael Heller (March 1, 2000) Lesson from Fiascos in Russian Corporate Governance
John J. Donohue and Steven D. Levitt (March 1, 2000) The Impact of Legalized Abortion on Crime
Stephen J. Choi (February 14, 2000) The Informational Effect of an Offshore Securities Offering: Evaluating the Risk to U.S. Investors
Stephen J. Choi (January 1, 2000) Proxy Issue Proposals: Impact of the 1992 Proxy SEC Proxy Reforms
PAPERS FROM 1999
Omri Ben-Shahar (September 29, 1999) The Cost of Compensation: Revisiting Contract Remedies in Repeat Play Settings
Merritt B. Fox and Michael A. Heller (September 29, 1999) Lesson from Fiascos in Russian Corporate Governance
Zenichi Shishido (September 7, 1999) Japanese Corporate Governance: The Hidden Problems of the Corporate Law and Their Solutions
Omri Yadlin (September 1, 1999) Is Stock Manipulation Bad? A Theoretical Note with an Empirical Support
Robert Daines and Michael Klausner (September 1, 1999) Do IPO Charters Maximize Firm Value? Antitakeover Protection in IPOs
Alon Harel and Uzi Segal (September 1, 1999) Criminal Law and Behavioral Law and Economics: Observations on the Neglected Role of Uncertainty in Deterring Crime
Alan Jeffrey Auerbach (July 20, 1999) On the Performance and Use of Government Revenue Forecasts
Barry E. Adler (July 1, 1999) The Questionable Ascent of Hadley v. Baxendale
Warren F. Schwartz (July 1, 1999) Long Shot Class Actions
Ariel Porat (June 29, 1999) Liability Under Uncertainty: Evidential Deficiency and the Law of Torts
Aaron S. Edlin and Eric R. Emch (June 1, 1999) The Welfare Losses from Price-Matching Policies
Mitchell Polinsky (April 29, 1999) Corruption and Optimal Law Enforcement
Henry Hansmann and Ranier Kraakman (April 29, 1999) The Essential Role of Organizational Law
georg von Wangenheim (April 20, 1999) Towards a Theory of Adjudicatory Decisions in Public Administration
Suzanne Scotchmer and Mark Schankerman (March 29, 1999) Damages and Injunctions in the Protection of Proprietary Research Tools
Robert D. Cooter (March 29, 1999) The Optimal Number of Governments for Economic Development
Mark Lemley (March 12, 1999) The Law and Economics of Internet Norms
Melvin Eisenberg (March 1, 1999) Corporate Law, Social Norms and Belief Systems
Edgardo Buscaglia (March 1, 1999) Judicial Corruption in Developing Countries: Its Causes and Economic Consequences
Bernard Black (March 1, 1999) Corporate law and Residual Claimants
Richard L. Revesz (March 1, 1999) Environmental Regulation, Cost-Benefit Analysis, and the Discounting of Human Lives
Robert D. Cooter (February 1, 1999) Punitive Damages, Social Norms, and Economic Analysis
Lisa E. Bernstein (January 20, 1999) The Questionable Empirical Basis of Article 2's Incorporation Approach: A Preliminary Study
Omri Ben-Shahar (January 3, 1999) Rights Eroding by Past Breach
PAPERS FROM 1998
Zenichi Shishido (October 29, 1998) Monitoring, Incentives, and Cooperation: The Strategy Behind the Organizational Game
Robert D. Cooter (October 29, 1998) Models of Morality in Law and Economics: Self-Control and Self-Improvement for the "Bad Man" of Holmes
suzanne Scotchmer (October 29, 1998) The Independent-Invention Defense in Intellectual Property
Daniel L. Rubinfeld and Suzanne Scotchmer (April 30, 1998) Contingent Fees
Robert Cooter (January 1, 1998) Expressive Law and Economics
PAPERS FROM 1997
Daniel L. Rubinfeld (November 30, 1997) Discovery
Daniel B. Rodriguez (September 29, 1997) Legislative Intent
Robert D. Cooter (September 29, 1997) Commodifying Liability
Robert P. Inman and Daniel L. Rubinfeld (June 30, 1997) Federalism
Robert D. Cooter and Tom Ginsburg (June 1, 1997) Division of Powers In the European Constitution
Robert D. Cooter (June 1, 1997) The Rule of State Law Versus the Rule-of-Law State: Economic Analysis of the Legal Foundations of Development
Robert D. Cooter (June 1, 1997) Law from Order: Economic Development and the Jurisprudence of Social Norms
Robert D. Cooter (June 1, 1997) The Law and Economics of Anthropology: A Review
Robert D. Cooter (June 1, 1997) Punitive Damages
Robert D. Cooter and Tom Ginsburg (June 1, 1997) Comparative Judicial Daring: Constitutional Powers and Political Culture
Robert P. Inman and Daniel L. Rubinfeld (May 30, 1997) Making Sense of the Antitrust-State Action Doctrine: Balancing Political Participation and Economic Efficiency in Regulatory Federalism
Robert P. Inman and Daniel L. Rubinfeld (April 30, 1997) Rethinking Federalism
Winand Emons (January 3, 1997) Credence Goods Monopolists
Lucian Ayre Bebchuck and Howard F. Chang (January 1, 1997) The Effect of Offer-of-Settlement Rules on the Terms of Settlement
PAPERS FROM 1996
Ugo Mattei (July 30, 1996) Legal Systems in Distress: HIV-Contaminated Blood, Path Dependency and Legal Change
Robert D. Cooter (June 1, 1996) Administrative Law and Economics
Robert D. Cooter (June 1, 1996) The Normative Failure Theory of Law
Alan Schwartz (April 30, 1996) Karl Llewellyn and the Origins of Contract Theory
Ugo Mattei (April 30, 1996) The Legal Profession as an Organization: Understanding Changes in Civil and Common Law
J. Mark Ramseyer (January 30, 1996) Judicial Independence in Civil Law Regimes: Econometrics from Japan
PAPERS FROM 1995
Alan O. Sykes (September 30, 1995) The (Limited) Role of Regulatory Harmonization in the International System
Aaron S. Edlin (July 3, 1995) Do Guaranteed-Low-Price Policies Guarantee High Prices, and Can Antitrust Rise to the Challenge
Aaron S. Edlin and Stefan Reichelstein (July 1, 1995) Holdups, Standard Breach Remedies, and Optimal Investment
Robert D. Cooter (June 1, 1995) The Theory of Market Modernization of Law
Robert D. Cooter (June 1, 1995) Decentralized Law for a Complex Economy: The Structural Approach to Adjudicating The New Law Merchant
Oliver E. Williamson (May 3, 1995) Revisiting Legal Realism: The Law, Economics, and Organization Perspective
Daniel L. Rubinfeld and Bruno S. Frey (May 3, 1995) Tax Deterrence and Tax Morale
Ugo Mattei (May 3, 1995) Making the Other Path Efficient: Economic Analysis and Tort Law in Less Developed Countries
Benjamin E. Hermalin (May 3, 1995) Endogenously Chosen Boards of Directors and Their Monitoring of the CEO
Melvin A. Eisenberg (May 3, 1995) Relational Contracts
Robert D. Cooter and Tom Ginsburg (May 3, 1995) Comparative Judicial Discretion: An Empirical Test of Economic Models
Oliver E. Williamson (April 30, 1995) Transaction Cost Economics: How It Works; Where It Is Headed
Oliver E. Williamson (April 30, 1995) Public and Private Bureaus
Michael J. Trebilcock (April 30, 1995) What Makes Poor Countries Poor?: The Role of Institutional Capital in Economic Development

 
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