July 14

9:00 AM - 10:30 AM (South Green Lounge)
Brunch Discussion on the Role of Law in Economic Development - Thomas Ginsburg

July 15

9:30 AM - 11:30 AM (Room V)
Law and Public Choice - Saul Levmore
Three Topics in Public Choice
Interest Groups, the Condorcet Jury Theorem, and Cycling. Arrow’s Impossibility Theorem applied.
  • Maxwell L. Stearns & Todd J. Zywicki, Public Choice Concepts and Applications in Law, pg. 42-63. (Link)
  • Advanced Reading: Saul Levmore, Parliamentary Law, Majority Decisionmaking, and the Voting Paradox, 75 Virginia law Review 971-1044 (1989). (Link)

11:45 AM - 12:45 PM (South Green Lounge)
Lunch


1:00 PM - 2:15 PM (Room V)
Regulatory Techniques in Consumer Protection Law - Omri Ben-Shahar
Opt-Outs and Sticky Default Rules
  • Richard Thaler and Cass Sunstein, Nudge: Improving Decisions About Health, Wealth, and Happiness (2008), Chapter 6.(Link)
  • Michael Barr et al., An Opt-Out Home Mortgage System (Brookings Institution 2008). (Link)

(Slides)


2:30 PM - 4:30 PM (Room V)
Social Networks, Social Norms and Behavioral Analysis - Lior Strahilevitz
Class 1 – The Rational Actor Model and Its Complications
Key Reading:
  • Nina Mazar, On Amir & Dan Ariely, The Dishonesty of Honest People: A Theory of Self-Concept Maintenance, 45 J. Marketing Research 633 (2008). (Link)
  • Christine Jolls, Cass R. Sunstein & Richard Thaler, A Behavioral Approach to Law and Economics, 50 Stanford L. Rev. 1471 (1998). (Link)
Optional Reading:
  • Scott S. Wiltermuth, Cheating More When the Spoils Are Split, 115 Organizational Behavior & Human Decision Processes 157 (2011). (Link)

(Slides)


4:45 PM - 6:00 PM (Room V)
Law and Economics Research and Education in China

Group discussion moderated by Ruoying Chen, Peking University Law School, followed by casual dinner

July 16

9:30 AM - 11:30 AM (Room V)
Law and Public Choice - Saul Levmore
Rent-Seeking and Retroactivity
  • Maxwell L. Stearns & Todd J. Zywicki, Public Choice Concepts and Applications in Law, pg. 63-66. (Link)
  • Advanced Reading: Daniel Shaviro, PWhen Rules Change: An Economic and Political Analysis of Transition Relief and Retroactivity (2000).

11:45 AM - 12:45 PM (South Green Lounge)
Lunch


1:00 PM - 2:15 PM (Room C, D, E and F)
Scholars Colloquia (Session A)


2:30 PM - 4:30 PM (Room V)
Social Networks, Social Norms and Behavioral Analysis - Lior Strahilevitz
Class 2 – Law & Social Norms
Key Reading:
  • Robert C. Ellickson, Order without Law, excerpt from Ellickson, Rose, and Ackerman, Perspectives in Property Law 210-219 (2002).(Link)
  • Robert C. Ellickson, A Hypothesis of Wealth-Maximizing Norms: Evidence from the Whaling Industry, 5 J. L. Econ. & Org. 83 (1989). (Link)
Optional Reading:
  • Stewart Macaulay, Non-Contractual Relations in Business: A Preliminary Study, 28 Am. Soc. Rev. 55 (1963). (Link)
  • Eric Posner, Law and Social Norms 11-35 (2000). (Link)

(Slides)

July 17

9:30 AM - 11:30 AM (Room V)
Law and Public Choice - Saul Levmore
Voting, Exit and Jurisdictional Competition
  • Maxwell L. Stearns & Todd J. Zywicki, Public Choice Concepts and Applications in Law, pg. 67-75. (Link)
  • Advanced Reading: Inman & Rubinfeld, The Political Economy of Federalism in Perspectives on Public Choice (Dennis Mueller, editor, 1997) (Link)

11:45 AM - 12:45 PM (South Green Lounge)
Lunch


1:00 PM - 2:15 PM (Room C, D, E and F)
Scholars Colloquia (Session B)


2:30 PM - 4:30 PM (Room V)
Social Networks, Social Norms and Behavioral Analysis - Lior Strahilevitz
Class 3 – Social Psychology & Personality Heterogeneity
Key Reading:
  • John M. Digman, Personality Structure: Emergence of the Five-Factor Model, 41 Annual Rev. Psych. 417 (1990). (Link)
  • Ariel Porat & Lior Jacob Strahilevitz, Personalizing Default Rules and Disclosure with Big Data, 112 Michigan L. Rev. (forthcoming 2014). (Link)
Optional Reading:
  • Sampo V. Paunonen, Big Five Factors of Personality and Replicated Predictions of Behavior, 84 J. Personality & Social Psych. 411 (2003). (Link)
  • Yoram Bachrach et al., Personality and Patterns of Facebook Usage, WebSci 2012 Conference Paper. (Link)
  • (Slides)


5:00 PM - 9:00 PM
Bicycle Ride and Pizza Party

A bicycle ride down the lake front led by Saul Levmore and Julie Roin down the lake front and ending with a pizza party at Gino's East.

July 18

9:30 AM - 11:30 AM (Room V)
Law and Public Choice - Saul Levmore
Property Rights and Path Dependence
  • Maxwell L. Stearns & Todd J. Zywicki, Public Choice Concepts and Applications in Law, pg. 101-109. (Link)
  • Advanced Reading: Saul Levmore, Two Stories about the Evolution of Property Rights, 31 Journal of Legal Studies S421-S451 (2002) (Link)

11:45 AM - 12:45 PM (South Green Lounge)
Lunch


1:00 PM - 3:00 PM (Room V)
Social Networks, Social Norms and Behavioral Analysis - Lior Strahilevitz
Class 4 – Social Network Theory
Key Reading:
  • Mark S. Granovetter, The Strength of Weak Ties, 78 Am. J. Sociology 1360 (1973). (Link)
  • Zhinxing Xiao & Anne S. Tsui, When Brokers May Not Work: The Cultural Contingency of Social Capital in Chinese High-Tech Firms, 52 Admin. Sci. Q. 1 (2007). (Link)
Optional Reading:
  • Gina Lai & Odalia Wong, The Tie Effect on Information Dissemination: The Spread of a Commercial Rumor in Hong Kong, 24 Social Networks 49 (2002). (Link)
  • Yuval Kalish & Garry Robins, Psychological Predispositions and Network Structure: The Relationship Between Individual Predispositions, Structural Holes, and Network Closure, 28 Social Networks 56 (2006). (Link)
  • (Slides)


3:15 PM - 4:30 PM (Room V)
Regulatory Techniques in Consumer Protection Law - Omri Ben-Shahar
Private Regulation
  • Omri Ben-Shahar and Kyle Logue, Outsourcing Regulation: How Insurance Reduces Moral Hazard, Michigan Law Review (2012). (Link)
  • Omri Ben-Shahar, One-Way Contracts: Consumer Protection Without Law, European Review of Contract Law (2010). (Link)

(Slides)

July 19

9:30 AM - 11:30 AM (Room V)
Law and Public Choice - Saul Levmore
Combining Markets and Political Decisions


11:45 AM - 12:45 PM (South Green Lounge)
Lunch


1:00 PM - 2:15 PM (Courtroom)
Discussion with Douglas Baird and William Landes


2:30 PM - 4:30 PM (Room V)
Social Networks, Social Norms and Behavioral Analysis - Lior Strahilevitz
Class Five – Legal Applications
Key Reading:
  • Richard H. Thaler & Cass R. Sustein, Libertarian Paternalism, 93 Am. Econ. Rev. 175 (2003). (Link)
  • Emmanuelle Fauchart & Eric von Hippel, Norms-Based Intellectual Property Systems: The Case of French Chefs, 19 Org. Sci. 187 (2008). (Link)
Optional Reading:
  • Dan M. Kahan, David Hoffman, and Donald Braman, Whose Eyes Are You Going to Believe? Scott v. Harris and the Perils of Cognitive Illiberalism, 122 Harvard L. Rev. 837 (2009). (Link)
  • Lior Jacob Strahilevitz, A Social Networks Theory of Privacy, 72 U. Chi. L. Rev. 919 (2005). (Link)
  • (Slides)


6:30 PM - 11:00 PM (Home of Omri Ben-Shahar)
Closing Barbeque. Located at 4733 S. Woodlawn Ave.