Midwestern Law and Economics Conference

The Ninth Annual Meeting of the
Midwestern Law and Economics Association

NOTRE DAME LAW SCHOOL
OCTOBER 9-10, 2009

Conference Schedule

Friday, October 9th
8:30 am – 9:00 am Breakfast 2130 Eck Hall of Law
 
Session I
9:00 am – 10:30 am Panel A: Torts & Health Care
Moderator: O. Carter Snead (Notre Dame_)

Barbara Luppi (Modena—Economics_) & Francesco Parisi (Minnesota_)
   “Forgiving Overconfidence in Tort Law”

Adam Candeub (_Michigan State
)
   “Signals, Warranty and the Healthcare Contract”

Robert Katz (
IU—Indianapolis
)
   “The Tissue Transplantation Industry: A Case Study in How Market Actors Can Reduce Transaction Costs by Economizing on Moral Externalities”
3108 Eck Hall of Law
 
  Panel B: Procedure
Moderator: Joseph Bauer (Notre Dame_)

David Hyman (Illinois_), Bernard Black (Texas_), and Charles Silver (Texas_)
   “Waiting for the Big One: The Economics of Plaintiff-Side Personal Injury Litigation”

Paul Stancil (
Illinois
)
   “Close Enough for Government Work: The Committee Rulemaking Game”

Royce Barondes (
Missouri
)
   "ABA Ratings of Federal District Court Judges and Likelihood of a Shepard’s Warning Signa"
2171 Eck Hall of Law
 
10:30 am – 10:45 am Break 2130 Eck Hall of Law
 
Session Il
10:45 am – 12:15 pm Panel A: Corporate I
Moderator: Margaret Brinig (Notre Dame_)

Robert Rhee (Maryland_)
   “Bonding Limited Liability”

Brian Broughman (IU-Bloomington_) & Jesse Fried (_Harvard)
    "Do Venture Capitalists use Inside Rounds to Dilute Entrepreneurs? Evidence from Silicon Valley"

Elizabeth Brown (
Georgia State—Business
)
   “A Comparison of the Handling of the Financial Crisis in the United States, the United Kingdom, and Australia”
3108 Eck Hall of Law
 
  Panel B: Property I
Moderator: Nicole Garnett (Notre Dame_)

Jeffrey Stake (IU-Bloomington_)
   “Just Compensation”

Brian Lee (Brooklyn)
    “Compensation for Emergency Destruction”

Daniel Kelly (
Notre Dame
)
   "Strategic Spillovers"
2171 Eck Hall of Law
 
12:15 pm – 1:30 pm Lunch 2130 Eck Hall of Law
 
Session Ill
1:30 pm – 3:00 pm Panel A: Contracts
Moderator: Lisa Casey (Notre Dame)

Barbara Luppi (Modena—Economics_) & Francesco Parisi (Minnesota_)
   “Optimal Remedies for Bilateral Contracts”

Amitai Aviram (Illinois)
   “Pro-cyclical Effects of a Common Response to Financial Crises”

Gerrit de Geest (
Washington University—St. Louis
)
   “A Method to Reduce Indeterminacy in Law and Economics without Hard Data, with an Application to Contract Remedies”
3140 Eck Hall of Law
 
  Panel B: Property II
Moderator: Daniel Kelly (Notre Dame_)

Judith Fox (Notre Dame_) & Richard Williams (Notre Dame—Sociology_)
    "Foreclosures in St. Joseph County, Indiana, 2001-2007"

Margaret Brinig (_Notre Dame
) & Nicole Garnett (
Notre Dame
)
    "Catholic Schools, Urban Neighborhoods, and Education Reform"
3108 Eck Hall of Law
 
3:00 pm – 3:15 pm Break 2130 Eck Hall of Law
 
Session IV
3:15 pm – 4:45 pm Panel A: Criminal Law and Welfare Economics
Moderator: Robert Blakey (Notre Dame_)

Robert Mikos (Vanderbilt_)
    "Crime Doesn’t Pay: Some Realism about Taxing Marijuana"

Marcello Basili (Siena—Economic Policy_), Simona Benedettini (Siena—Economics_), and Antonio Nicita (Siena—Economics_)
   “Compliance and Deterrence in Traffic Law Enforcement: The Case of Penalty Points”

Jonathan Masur (_Chicago
), John Bronsteen (
Loyola
), and Christopher Buccafusco (
Chicago-Kent
)
    "Well Being Analysis"
3140 Eck Hall of Law
 
  Panel B: Intellectual Property and Competition Law
Moderator: Mark McKenna (Notre Dame_)

Ted Sichelman (San Diego_)
   “Quantum Game Theory and Cooperation in Intellectual Property”

Dave Schwartz (Chicago-Kent_)
   "The Efficacy of Doctrinal Reallocation at the Federal Circuit"

Shahar Dillbary (
Alabama
)
   "Predatory Bundling and the Exclusionary Standard"
8-24-09.pdf
2172 Eck Hall of Law
 
5:00 pm – 8:00 pm Cocktail Hour and Banquet The Commons Eck Hall of Law
 
Saturday, October 10th
8:30 am – 9:00 am Breakfast The Commons Eck Hall of Law
 
Session V
9:00 am – 10:30 am Panel A: Corporate II
Moderator: Julian Velasco (Notre Dame_)

Claire Hill (Minnesota_) & Brett McDonnell (Minnesota_)
   “Avoiding Short Term Management: Can Better Corporate Governance Prevent Future Crises?”

Matthew Bodie (Saint Louis_) & Grant Hayden (Hofstra
)
   “The Shareholder Franchise and the Myth of Contract”

Colleen Baker (
Pennsylvania—Business
)
   “Regulating the Invisible: The Case of Over-The-Counter Derivatives”
3130 Eck Hall of Law
 
  Panel B: Environmental
Moderator: Thomas Ulen (Illinois_)

Stephanie Holmes (Northwestern—Management_)
    "The Delay Cost of Climate Change Inaction"

Shi-Ling Hsu (British Columbia)
   "Nine Reasons to Adopt a Carbon Tax"

Jay Kesan (
Illinois
)
   “An Economic Evaluation of the Renewable Fuel Standard (RFS) Bio-fuel Program: An Industrial Policy Approach”
3140 Eck Hall of Law
 
10:30 am – 10:45 am Break 2130 Eck Hall of Law
 
Session Vl
10:45 am -12:15 pm Panel A: Tax
Moderator: Lee Fennell (Chicago_)

Leandra Lederman (IU-Bloomington_)
    “A Tisket, A Tasket: Tax Basketing”

Michael Bommarito II (Michigan—Political Science_), Lilian Faulhaber (Harvard—Climenko_), and Daniel Katz (_Michigan—Political Science)
   "A Tale of Two Codes: An Empirical Analysis of the Jurisprudence of the United States Tax Court (1990-2008)"
id=1441007

Thomas Brennan (
Northwestern
)
   “The Tax Consequences of a Non-Flat Yield Curve for Debt Instruments and Interest Rate Swaps”
3130 Eck Hall of Law
 
  Panel B: Associations
Moderator: Lloyd Mayer (Notre Dame_)

Robert Katz (IU-Indianapolis_) & Antony Page (IU-Indianapolis_)
   “Social Enterprises: What Are They, What Special Agency Problems Do They Present, and Can Organizational Law Address These Problems?”

Larry Ribstein (Illinois)
    "The Death of Big Law"
9-21-09.pdf

Matthew Dimick (
Georgetown – Fellow
)
    "Revitalizing Labor Union Democracy: : Labor Law, Bureaucracy, and Workplace Association"
3140 Eck Hall of Law
 
12:15 pm – 1:30 pm Lunch The Commons Eck Hall of Law
 
Session Vll
1:30 pm – 3:00 pm Panel A: Bankruptcy, Consumer, Tax
Moderator: Kenneth Dau-Schmidt (IU-Bloomington_)

Christopher Drahozal (Kansas_) & Samantha Zyontz (Northwestern—Searle)
   “Private Regulation of Consumer Arbitration”

Ajay Mehrotra (
IU-Bloomington—History/Law
)
    "American Economic Development, Managerial Corporate Capitalism, and the Institutional Foundations of the Modern Income Tax"
3130 Eck Hall of Law
 
  Panel B: Procedure II
Moderator: Stephen Smith (Notre Dame_)

Thomas Jeitscho (Michigan State—Economics_)
   "Informational Implications of Pre-Trial Motions: Learning about Case Strength and Settlement"

Jonathan Nash (Emory_)
   “Instrument Choice in Federal Court Jurisdiction: Rules, Standards, and Discretion”

Brian Fitzpatrick (
Vanderbilt
)
    "Class Action Settlements and Their Fee Awards"
10-05-09.pdf
3140 Eck Hall of Law
 
5:00 pm – 8:00 pm Dinner at Peg Brinig’s 15800 Preswick Lane Granger, Indiana

Papers were due to Margaret Brinig by July 1, 2009, for greatest chance of acceptance.

A block of rooms has been reserved at the Inn at Saint Mary’s for $130 per night. Meals during the conference will be provided. A shuttle bus runs from the South Bend Airport to the Inn. Other airport transportation can be arranged.

Program organizers Peg Brinig, mbrinig@nd.edu and Dan Kelly. Conference administrator, Rosalind Alexander, rosalind.alexander.58@nd.edu, (574) 631-8058.

Please let Rosalind know if you have special dietary needs.