Coase-Sandor Institute for Law and Economics

Ben-Shahar on Government Flood Insurance

Washington Is Encouraging The Next Hurricane Sandy, By Creating New Subsidies For Flood Insurance
Omri Ben-Shahar
March 25, 2014

On the morning after Hurricane Sandy, homeowners along the Atlantic coast awoke to a new reality. Homes were flooded and much of their property ravaged. Not long after, many faced another shock – their insurance premiums were skyrocketing.

Omri Ben-Shahar

Tom Ginsburg, Jonathan Masur, and Richard McAdams, "Temporary Law: The Case of Smoking Bans"

Libertarians often assert that regulation is unnecessary because the market will meet any existing consumer demand. The issue of smoking in bars is a paradigmatic context in which this argument arises. Libertarians argue that bar patrons (and employees) are free to patronize or work in whichever bars they choose.

Participating faculty: 
Tom Ginsburg
Participating faculty: 
Jonathan Masur
Participating faculty: 
Richard H. McAdams

More Than You Wanted to Know: The Failure of Mandated Disclosure

In "More Than You Wanted to Know," Omri Ben-Shahar and Carl E. Schneider analyze the most common, and least useful, form of regulation used today—"mandated disclosure." These are laws that require one party to a transaction to give the other information.

The Future of Housing Finance Reform

Gleacher Center room 306
Contact info (email or phone): 

Joseph Burton,, 773-702-3142

Please join us as Chicago faculty Amir Sufi and Benjamin Keys address their empirical results on how the housing boom and foreclosure crisis happened, and how we can ensure they will not happen again. With focus on Chicago's housing market, Professor Sufi will discuss the lessons of the housing boom and bust, including the dangers of subsidizing household debt.

Chicago's Best Ideas: Professor M. Todd Henderson, "Do Judges Follow the Law?"

Room II

In a naïve model of judging, Congress writes statutes, which courts know about and then slavishly apply. But a Chicago lawyer might doubt this model, believing judges are maximizing something other than compliance with the law.

M. Todd Henderson

Picker on Aereo and Resetting TV Distribution

Our Chance to Reset TV Distribution
Randal C. Picker
March 14, 2014

If you’re old enough to remember having rabbit ears on your TV (which pulled in signals so you could watch for free), you might think antennas aren’t such a big deal. Video startup company Aereo agrees, and it’s been using an advanced version of the same technology to give its customers cheaper TV.

Randal C. Picker

Michael Schill Appointed to Second Term as Dean of Law School

Wen Huang
University of Chicago News Office
March 12, 2014

Michael H. Schill has been appointed dean of the University of Chicago Law School for a second five-year term, President Robert J. Zimmer and Provost Thomas F. Rosenbaum announced. The term begins July 1, 2014.

Michael H. Schill

Posner and Weyl Interviewed on Quadratic Voting by Newcity

Votes for Sale: How More Money in Politics Might Make Illinois—and America—A Better Place
Brian Hieggelke
March 6, 2014

American politics is broken. By just about any measure, we are collectively disenchanted with both the system as it exists, and the people we elect through that system to carry on its business. Particularly disheartening, money has become the defining force in shaping our political character.

E. Glen Weyl
Eric Posner

Law and Economics Workshop: Ulrike Malmendier

Contact info (email or phone): 

Marjorie Holme, 20220,



M&A Negotiations and Lawyer Expertise
Ulrike Malmendier, University of California Berkely, Department of Economics, and Becker-Friedman Institute Fellow

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