Coase-Sandor Institute for Law and Economics

Trade Usage in the Courts: The Flawed Conceptual and Evidentiary Basis of Article 2’s Incorporation Strategy

Author: 
Lisa Bernstein

This paper draws on an empirical study of every trade usage case decided under the Uniform Commercial Code from 1970 to 2007 to revisit the debate over the desirability of the incorporation strategy, the interpretive approach that directs courts to look to course of dealing, course of performance and usage of trade to interpret contracts and fill contractual gaps.

Posner and Weyl on the Volcker Rule

How to Make Sure the Volcker Rule Survives in Court
Eric A. Posner and E. Glen Weyl
Bloomberg.com
December 10, 2013

Vocal opposition from banks didn’t stop U.S. financial regulators from approving the so-called Volcker rule, which bans proprietary trading.

Faculty: 
Eric Posner
Faculty: 
E. Glen Weyl

Chicago's Best Ideas: Professor Lior Strahilevitz, "Personalizing Default Rules and Disclosure with Big Data"

Date: 
04.07.2014
Location: 
Room II

The laws of intestacy are the same for men and women even though preferences for how one’s estate should be divided differ by gender. Peanut-allergic octogenarian men and gluten-allergic pregnant women see the same warnings on consumer products even though they are interested in seeing information that is much better tailored to them.

Faculty: 
Lior Strahilevitz

GMO Food Labeling with Omri Ben-Shahar

Date: 
12.02.2013
Location: 
II
Contact info (email or phone): 

mholme@uchicago.edu
aadair@uchicago.edu

The vast majority of commodity crops grown in the U.S. are genetically modified (GMO). California and Washington state voters have recently rejected proposals to mandate labeling of GMO in foods. Other countries require such labels or restrict the distribution of GMOs altogether.

Faculty: 
Omri Ben-Shahar

Panel on "Reconstructing Contracts: The Contracts Scholarship of Douglas Baird"

A panel of leading scholars discuss Douglas Baird's pathbreaking work on Contract Law published in his new book Reconstructing Contracts.


65:31 minutes (59.99 MB)

Picker Talks Google Books Fair Use Decision on 'Chicago Tonight'

Google Wins Fair Use Suit Against Authors
Rhyan Kronzer
WTTW
November 18, 2013

After an eight year battle and the scanning of more than 20 million books, a judge ruled in favor of Google’s ambitious project that aims to catalogue all books on a search engine.

Faculty: 
Randal C. Picker

Henderson Discusses Hedge Fund Investors in Freddie and Fannie on Reuters

Fannie, Freddie investors may victimize themselves-Henderson
Reuters
November 15, 2013

Major hedge fund investors have been beefing up their stakes in Fannie and Freddie. They and others are betting the two mortgage lenders may become the proverbial golden goose. Jeanne Yurman reports.

Faculty: 
M. Todd Henderson

The Problem of Vacant Land in the City of Chicago

Date: 
11.19.2013
Location: 
V
Contact info (email or phone): 

Marjorie Holme mholme@uchicago.edu

Lunchtime panel, "The Problem of Vacant Land in the City of Chicago," organized by Professor Eduardo Penalver and moderated by Professor Mark Templeton.  

The speakers will be Toussiant Losier from the Anti-Eviction Campaign, Nate Ela, University of Wisconsin, and Kathleen Dickhut, Deputy Commissioner, City of Chicago, Department of Housing and Economic Development.

Faculty: 
Mark N. Templeton

Ronald Coase's 'How China Became Capitalist' Wins 2013 Sir Antony Fisher Memorial Award

Sir Antony Fisher International Memorial Awards
AtlasNetwork.org
November 14, 2013

Atlas Network is pleased to announce the winner of the 2013 Sir Antony Fisher Memorial Award is How China Became Capitalistby the late Nobel Laureate Ronald Coase and Ning Wang, Senior Fellow of the Ronald Coase Institute, and co-published by the Institute of Economic Affairs.

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