Coase-Sandor Institute for Law and Economics

A Report from This Year's Summer Institute in Law and Economics

Law School Communications
September 22, 2015

Two professors from Universidad Nacional de Rosario attended this year's Coase-Sandor Summer Institute in Law and Economics. Their experience is described in this blog post:

Richard Sandor and CBOE to Create Interbank Lending Exchange

Sandor and CBOE Team Up to Create Interbank Lending Exchange
Philip Stafford
Financial Times
September 10, 2015

Richard Sandor, credited with pioneering interest rate futures on the Chicago Board of Trade in the 1970s, is set to launch the American Financial Exchange (AFX) later this year.

One of the founders of the modern-day futures market has teamed up with Chicago’s CBOE Holdings to create a new exchange to encourage interbank lending between small regional US banks.

Faculty: 
Richard L. Sandor

Personalizing Negligence Law

We argue that with the increasing availability of information about actors’ characteristics, negligence law should give up much of its objectivity by allowing courts to “subjectify” the standard of care.

Author: 
Omri Ben-Shahar
Author: 
Ariel Porat

The most fundamental feature of negligence law is the "reasonable person" standard. This feature bases negligence law on a strictly objective foundation: it requires people to behave in the prudent way that, as Holmes explained, the ordinary, typical member of their community observes.

Contracting over Privacy

Date: 
10.16.2015 - 10.17.2015
Location: 
V
Contact info (email or phone): 

Erin Wellin, 773-834-4326

Information privacy is rapidly emerging as one of the key areas of consumer protection in our era. This conference will examine the role of contract in policing information privacy. Are private contracts an efficient regulatory tool of data privacy? Should the law incorporate mandatory protections, not waivable by consumers?

Faculty: 
Omri Ben-Shahar
Faculty: 
Lior Strahilevitz
Faculty: 
Adam Chilton
Faculty: 
Randal C. Picker

Ben-Shahar: Governor Rauner Should Veto the Privacy Bill

Veto the Privacy Bill
Omri Ben-Shahar
Chicago Tribune
August 18, 2015

It is no secret that websites and mobile apps collect abundant information about users, far more than necessary to provide the services people expect. Mostly, they use the big data harmlessly to tailor ads and personalized services. Sometimes, however, the data are shared in disturbing ways.

Faculty: 
Omri Ben-Shahar

Law and Economics Workshop: John Morley

Date: 
12.01.2015
Location: 
F
Contact info (email or phone): 

Curtrice Scott, curtrice@uchicago.edu, 773.702.0654

The Common Law Corporation: The Power of the Trust in Anglo-American Business History
John Morley, Associate Professor of Law, Yale Law School

Faculty: 
Omri Ben-Shahar

Law and Economics Workshop: Jens Ludwig

Date: 
11.17.2015
Location: 
F
Contact info (email or phone): 

Curtrice Scott, curtrice@uchicago.edu, 773.702.0654

"Human Decisions and Machine Predictions"
Jon Kleinberg
Himabindu Lakkaraju
Jure Leskovec
Jens Ludwig
Sendhil Mullainathan 

Faculty: 
Omri Ben-Shahar

Law and Economics Workshop: Yesha Yadav

Date: 
11.03.2015
Location: 
F
Contact info (email or phone): 

Curtrice Scott, curtrice@uchicago.edu, 773.702.0654

Insider Trading and Market Structure
Yesha Yadav, Associate Professor of Law, Vanderbilt University Law School

Faculty: 
Omri Ben-Shahar

Law and Economics Workshop: Lynn Stout

Date: 
10.20.2015
Location: 
F
Contact info (email or phone): 

Marjorie Holme, mholme@uchicago.edu, 773-702-0220

"The Corporation and the Question of Time"
Lynn Stout, Distinguished Professor of Corporate & Business Law, Cornell Law School

Faculty: 
Omri Ben-Shahar

Law and Economics Workshop: Oliver Hart

Date: 
10.06.2015
Location: 
F
Contact info (email or phone): 

Marjorie Holme, mholme@uchicago.edu, 773-702-0220

"Short-Term, Long-Term, and Continuing Contracts"
Oliver Hart, Andrew E. Furer Professor of Economics at Harvard University

Faculty: 
Omri Ben-Shahar
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