Coase-Sandor Institute for Law and Economics

Lior Strahilevitz, "Personalizing Default Rules and Disclosure with Big Data"

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.

Participating faculty: 
Lior Strahilevitz

Lior Strahilevitz, "Personalizing Default Rules and Disclosure with Big Data"

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.

Eric Posner, "In Defense of GM"

In Defense of GM
Eric Posner
Slate.com
April 10, 2014

In the brouhaha over the defective ignition switch that prompted GM to recall 2.6 million cars over the last two months, members of Congress and pundits have judged, tried, and condemned the company’s engineers and executives. Michael Moore wants them to be executed.

Faculty: 
Eric Posner

E. Glen Weyl Named to Pacific Standard's '30 Top Thinkers Under 30'

The 30 Top Thinkers Under 30: The Quadratic Voting Inventor Who Wants to Refit the Social Machine
Avital Andrews
Pacific Standard
April 11, 2014

E. Glen Weyl, 28, Economics

“I’ve always been very politically active,” Glen Weyl says. When he was seven years old, he went door to door for Bill Clinton. Under the influence of a British cousin, he was a socialist by sixth grade.

Faculty: 
E. Glen Weyl

Coasean Bargaining Over the Structural Constitution


Author: 
Aziz Huq

The Constitution allocates entitlements to individuals and also institutions such as states and branches. It is familiar fare that individuals’ entitlements are routinely deployed not only as shields against unconstitutional action, but also as bargaining chips when negotiating with the state.

Ronald Coase, 1910-2013: A Tribute

Faculty and alumni pay tribute to Professor Coase on the occasion of his passing this fall at the age of 102.

Ronald Coase, Nobel Prize-­winning economist and member of the University of Chicago Law School faculty since 1964, passed away on September 2, 2013 at the age of 102. Professor Coase was a titan of Law and Economics, as well as an extraordinary colleague and friend.

Weyl on How to Save Obamacare

The Answer for Obamacare? Oligopoly
André Veiga and E. Glen Weyl
Slate.com
March 31, 2014
Faculty: 
E. Glen Weyl

Ben-Shahar on Government Flood Insurance

Washington Is Encouraging The Next Hurricane Sandy, By Creating New Subsidies For Flood Insurance
Omri Ben-Shahar
Forbes
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.

Faculty: 
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.

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