Saul Levmore

Saul Levmore

William B. Graham Distinguished Service Professor of Law

Saul Levmore came to the Law School from the University of Virginia. He was the Dean of the University of Chicago Law School from 2001 to 2009, and is the William B. Graham Distinguished Service Professor of Law. He has been a visiting professor at Yale, Harvard, Michigan, and Northwestern. He has taught and written about torts, corporations, copyright, non-profit organizations, comparative law, public choice, corporate tax, commercial law, insurance, and contracts. He is a member of the American Academy of Arts and Sciences, a past president of the American Law Deans Association, and a past trustee of the Law School Admissions Council and of the Skadden Foundation. He is currently the President of the American Law and Economics Association.

Aside from law, Levmore has been an advisor on corporate governance issues and on development strategies. Although his work continues to be related to law and economics (especially public choice) across many fields, he has also written books on aging and on games and puzzles.

Education

IIT-Chicago-Kent

LLD, honorary, 1995

Yale University

JD, 1980
PhD in economics, 1978

Columbia University

BA, 1973

Experience

The University of Chicago Law School

William B. Graham Distinguished Service Professor, 2010-present
Dean, 2001-2009
William B. Graham Professor of Law, 1998-2010
Visiting Professor, fall 1993

The University of Virginia

Brokaw Professor of Corporate Law, 1994-1998
Professor, 1984-1994
Assistant Professor, 1980-1984

Yale University

Visiting Professor, 1986-1987
(Residential College) Dean, Jonathan Edwards College, 1979-1980
Lecturer in Economics, 1976-1980

Northwestern University

Visiting Professor, spring 1998

The University of Michigan

Visiting Professor, fall 1997

Harvard University

Visiting Professor, 1990-1991

Books (Author)

  • Aging Thoughtfully: Conversations about Retirement, Romance, Wrinkles, and Regret (Oxford University Press, 2017) (with Martha C. Nussbaum).cu
  • Super Strategies for Puzzles and Games: How to Find Solutions That Work and Plan Tactics That Win! (Gramercy Books, 2003) (with Elizabeth E. Cook) (originally published by Doubleday, 1981).cu

Books (Editor)

  • Power, Prose, and Purse: Law, Literature, and Economic Transformations. (Oxford University Press, 2019) (edited with Alison L. LaCroix & Martha C. Nussbaum).
  • Power, Prose, Purse: Law, Literature, and Economic Transformations. (Oxford University Press, 2019) (edited with Alison L. LaCroix & Martha C. Nussbaum).
  • The Timing of Lawmaking. (Edward Elgar, 2017) (edited with Frank Fagan). cu
  • American Guy: Masculinity in American Law and Literature. (Oxford University Press, 2014) (edited with Martha C. Nussbaum). cu
  • The Offensive Internet: Speech, Privacy and Reputation. (Harvard University Press, 2011) (edited with Martha C. Nussbaum). cu
  • Foundations of Tort Law.2d ed. (Foundation Press, 2009) (edited with Catherine M. Sharkey). cu
  • Foundations of Tort Law. (Oxford University Press, 1994). cu

Journal Articles

  • "Appellate Panels and Second Opinions," 127 Penn State Law Review 811 (2023). www
  • "SPACs, PIPEs, and Common Investors," 25 University of Pennsylvania Journal of Business Law 103 (2023) (with Frank Fagan). www
  • "Fractured Majorities and Their Reasons," 127 Penn State Law Review 331 (2023). www
  • "Not-for-Profits, ESGs, and The Economic Structure of Corporate Law," 1 The University of Chicago Business Law Review 339 (2022). www
  • "Least-Cost Altruists and ESGs," 77 Business Lawyer 713 (2022).
  • "The Evolutionary Force of Behavioral Economics in Law," 17 Review of Law and Economics 465 (2021). www
  • "Addictive Law," 22 Theoretical Inquiries in Law 1 (2021). ssrn www
  • "Competing Algorithms for Law: Sentencing, Admissions, and Employment," 88 University of Chicago Law Review 367 (2021) (with Frank Fagan). ssrn www
  • "Probabilistic Disclosures for Corporate and other Law," 22 Theoretical Inquiries in Law 263 (2021). www
  • "The Eventual Decline of Empirical Law and Economics," 38 Yale Journal on Regulation 612 (2021). www
  • "Death as Divorce for the Abandoned Spouse: Davis v Combes and the Cautious and Gender-Sensitive Judiciary," 87 University of Chicago Law Review 2421 (2020). www
  • "The Ex-Middle Problem for Law and Economics," 22 American Law and Economics Review 1 (2020). www
  • "Richard Posner, the Decline of the Common Law, and the Negligence Principle," 86 University of Chicago Law Review 1137 (2019). cu www
  • "Convergence and then Downstream Divergence in Torts and other Law," 92 Southern California Law Review 769 (2019). www
  • "The Impact of Artificial Intelligence on Rules, Standards, and Judicial Discretion," 93 Southern California Law Review 1 (2019) (with Frank Fagan).
  • "Component Valuation in Law and Marketing," 4 Criterion Journal on Innovation 381 (2019). www
  • "Unreported Sexual Assault," 97 Nebraska Law Review 607 (2018) (with Martha C. Nussbaum) (The 2018 Roscoe Pound Lecture). www
  • "The End of Bargaining in the Digital Age," 103 Cornell Law Review 1469 (2018) (with Frank Fagan). ssrn cu
  • "Semi-Confidential Settlements in Civil, Criminal, and Sexual Assault Cases," 103 Cornell Law Review 311 (2018) (with Frank Fagan). cu
  • "Merit Goods, Calabresi Goods, and Rent-Seeking: In Honor of Guido Calabresi's The Future of Law and Economics," 16 Jerusalem Review of Legal Studies 129 (2017). cu
  • "Title VII to Tinder: Law's Antidiscrimination Asymmetry and Occasional Market Superiority," 68 Alabama Law Review 877 (2017). cu
  • "Threats and Criminal Deterrence in Several Dimensions," 2017 University of Illinois Law Review 1333 (2017) (with Ariel Porat). cu
  • "Legal Institutions and IPO (Initial Public Offering) Puzzles," 3 Peking University Law Journal 385 (2016) (with Ruoying Chen). ssrn cu www
  • "Why Are Foods Not Even As Safe as Bridges?," 14 Law and Social Sciences 157 (2015). cu
  • "Inequality in the Twenty-First Century (reviewing Thomas Piketty, Capital in the Twenty-First Century (2014))," 113 Michigan Law Review 833 (2015). cu
  • "Internality Regulation through Public Choice," 15 Theoretical Inquiries in Law 447 (2014). cu
  • "From Helmets to Savings and Inheritance Taxes: Regulatory Intensity, Information Revelation, and Internalities," 81 University of Chicago Law Review 229 (2014). cu
  • "The Impending iPrize Revolution in Intellectual Property Law," 93 Boston University Law Review 139 (2013). cu
  • "Harmonization, Preferences, and the Calculus of Consent in Commercial and Other Law," 50 Common Market Law Review 243 (2013). cu
  • "Asymmetries and Incentives in Plea Bargaining and Evidence Production," 122 Yale Law Journal 690 (2012) (with Ariel Porat). ssrn cu
  • "Public Choice and Law's Either/Or Inclination (reviewing Leo Katz, Why the Law is So Perverse (2011))," 79 University of Chicago Law Review 1663 (2012). cu
  • "Rethinking Ponzi-Scheme Remedies in and out of Bankruptcy," 92 Boston University Law Review 969 (2012). cu
  • "Bargaining with Double Jeopardy," 40 Journal of Legal Studies 273 (2011) (with Ariel Porat). ssrn cu
  • "Eminent Domain after Kelo," 11 Engage: The Journal of the Federalist Society's Practice Groups 5 (2010) (with Ilya Somin). cu www
  • "Book Review (reviewing Mark R. Reiff, Punishment, Compensation, and Law: A Theory of Enforceability (2005))," 119 Mind 848 (2010). cu
  • "Ambiguous Statutes," 77 University of Chicago Law Review 1073 (2010). ssrn cu
  • "Interest Groups and the Problem with Incrementalism," 158 University of Pennsylvania Law Review 815 (2010). ssrn cu
  • "Stipulated Damages, Super-Strict Liability, and Mitigation in Contract Law," 107 Michigan Law Review 1365 (2009). cu
  • "In Memoriam: David P. Currie (1936–2007)," 75 University of Chicago Law Review 21 (2008). cu
  • "Tribute to Bernard Meltzer," 74 University of Chicago Law Review 409 (2007). cu
  • "A Theory of Deception and then of Common Law Categories," 85 Texas Law Review 1359 (2007). cu
  • "In Memoriam: Bernard D. Meltzer (1914-2007)," 74 University of Chicago Law Review 409 (2007). cu
  • "Judging Deception," 74 University of Chicago Law Review 1779 (2007). cu
  • "Parental Leave and American Exceptionalism," 58 Case Western Reserve Law Review 203 (2007). cu
  • "Uncapturing Law School Regulation," 11 Texas Review of Law & Politics 391 (2007). cu
  • "Public Choice Defended (reviewing Gerry Mackie, Democracy Defended (2003))," 72 University of Chicago Law Review 777 (2005). cu
  • "Taxing Obesity - Or Perhaps the Opposite," 53 Cleveland State Law Review 575 (2005). cu
  • "Uncorporations and the Delaware Strategy," 2005 University of Illinois Law Review 195 (2005). cu
  • "Citizen Warranties and Majorities," 31 Florida State University Law Review 409 (2004). cu
  • "Privatizing Reparations," 84 Boston University Law Review 1291 (2004). cu
  • "Simply Efficient Markets and the Role of Regulation: Lessons from the Iowa Electronic Markets and the Hollywood Stock Exchange," 28 Journal of Corporation Law 589 (2003). cu
  • "Property's Uneasy Path and Expanding Future," 70 University of Chicago Law Review 181 (2003). cu
  • "Insuring against Terrorism - and Crime," 102 Michigan Law Review 268 (2003) (with Kyle D. Logue). cu www
  • "Ruling Majorities and Reasoning Pluralities," 3 Theoretical Inquiries in Law 87 (2002). cu
  • "Clientele Effects and Our Fourth-Best Corporate Tax System," 80 Taxes - The Tax Magazine 21 (2002). cu
  • "Surprising Admissions," 34 University of Toledo Law Review 113 (2002). cu
  • "Two Stories about the Evolution of Property Rights," 31 Journal of Legal Studies S421 (2002). cu
  • "From Cynicism to Positive Theory in Public Choice," 87 Cornell Law Review 375 (2002). cu
  • "Speculating Law: Beyond Cigarettes and Swiss Banks," 52 Alabama Law Review 639 (2001). cu
  • "Conjunction and Aggregation," 99 Michigan Law Review 723 (2001). cu
  • "Puzzling Stock Options and Compensation Norms," 149 University of Pennsylvania Law Review 1901 (2001). cu
  • "The Public Choice Threat (reviewing Robert D. Cooter, The Strategic Constitution (2000) & Dennis C. Mueller, Constitutional Democracy (1996))," 67 University of Chicago Law Review 941 (2000). cu
  • "Voting with Intensity," 53 Stanford Law Review 111 (2000). cu
  • "More Than Mere Majorities," 2000 Utah Law Review 759 (2000). cu
  • "Norms As Supplements," 86 Virginia Law Review 1989 (2000). cu
  • "Social Programs and Manageable Units," 8 American University Journal of Gender, Social Policy and the Law 103 (2000). cu
  • "Licensing: Permission Slips in Corporate and Fourth Amendment Law," 93 Northwestern University Law Review 709 (1999). cu
  • "Double Blind Lawmaking and Other Comments on Formalism in the Tax Law," 66 University of Chicago Law Review 915 (1999). cu
  • "Voting Paradoxes and Interest Groups," 28 Journal of Legal Studies 259 (1999). cu
  • "Changes, Anticipations, and Reparations," 99 Columbia Law Review 1657 (1999). ssrn cu
  • Response, "Joint Custody and Strategic Behavior", 73 Indiana Law Journal 429 (1998). cu
  • "Competition and Cooperation," 97 Michigan Law Review 216 (1998). cu
  • "Efficiency and Conspiracy: Conflicts of Interest, Anti-Nepotism Rules, and Separation Strategies," 66 Fordham Law Review 2099 (1998). cu
  • "Taxes as Ballots," 65 University of Chicago Law Review 387 (1998). cu
  • "Unifying Remedies: Property Rules, Liability Rules, and Startling Rules," 106 Yale Law Journal 2149 (1997). cu
  • "Judges and Economics: Normative, Positive, and Experimental Perspectives," 21 Harvard Journal of Law and Public Policy 129 (1997). cu
  • "Fables, Sagas, and Laws," 33 Willamette Law Review 485 (1997). cu
  • "The Anonymity Tool," 144 University of Pennsylvania Law Review 2191 (1996). cu
  • "Precommitment Politics," 82 Virginia Law Review 567 (1996). cu
  • "Unconditional Relationships," 76 Boston University Law Review 807 (1996). cu
  • "Coalitions and Quakes: Disaster Relief and Its Prevention," 3 University of Chicago Law School Roundtable 1 (1996). cu
  • "Gomorrah to Ybarra and More: Overextraction and the Puzzle of Immoderate Group Liability," 81 Virginia Law Review 1561 (1995). cu
  • "Love It or Leave It: Property Rules, Liability Rules, and Exclusivity of Remedies in Partnership and Marriage," 58 Law and Contemporary Problems 221 (1995). cu
  • "Rethinking Group Responsibility and Strategic Threats in Biblical Texts and Modern Law," 71 Chicago-Kent Law Review 85 (1995). cu
  • "Explaining Creditor Priorities," 80 Virginia Law Review 2103 (1994) (with Hideki Kanda). cu
  • "Commissions and Conflicts in Agency Arrangements: Lawyers, Real Estate Brokers, Underwriters, and Other Agents' Rewards," 36 Journal of Law and Economics 503 (1993). cu
  • "Irreversibility and the Law: The Size of Firms and Other Organizations," 18 Journal of Corporation Law 333 (1993). cu
  • "Obligation or Restitution for Best Efforts," 67 Southern California Law Review 1411 (1993). cu
  • "The Case for Retroactive Taxation," 22 Journal of Legal Studies 265 (1993). cu
  • "Bicameralism: When Are Two Decisions Better Than One?," 12 International Review of Law and Economics 145 (1992). cu
  • "Partnerships, Limited Liability Companies, and Taxes: A Comment on the Survival of Organizational Forms," 70 Washington University Law Quarterly 489 (1992). cu
  • "On Compensation and Distribution," 33 Nomos 186 (1991). cu
  • "Takings, Torts, and Special Interests," 77 Virginia Law Review 1333 (1991). cu
  • "Taxes, Agency Costs, and the Price of Incorporation," 77 Virginia Law Review 211 (1991) (with Hideki Kanda). cu
  • "Just Compensation and Just Politics," 22 Connecticut Law Review 285 (1990). cu
  • "Probabilistic Recoveries, Restitution, and Recurring Wrongs," 19 Journal of Legal Studies 691 (1990). cu
  • "Remedies and Incentives in Private and Public Law: A Comparative Essay," 1990 Wisconsin Law Review 483 (1990) (with William J. Stuntz). cu
  • "Parliamentary Law, Majority Decisionmaking, and the Voting Paradox," 75 Virginia Law Review 971 (1989). cu
  • "Strategic Delays and Fiduciary Duties," 74 Virginia Law Review 863 (1988). cu
  • "In Defense of the Regulation of Insider Trading," 11 Harvard Journal of Law and Public Policy 101 (1988). cu
  • "Recharacterizations and the Nature of Theory In Corporate Tax Law," 136 University of Pennsylvania Law Review 1019 (1988). cu
  • "A Primer on the Sale of Corporate Control (reviewing David Cowan Bayne, The Philosophy of Corporate Control: A Treatise on the Law of Fiduciary Duty (1986))," 65 Texas Law Review 1061 (1987). cu
  • "The Positive Role of Tax Law in Corporate and Capital Markets," 12 Journal of Corporation Law 483 (1987). cu
  • "Variety and Uniformity in the Treatment of the Good-Faith Purchaser," 16 Journal of Legal Studies 43 (1987). cu
  • "Rethinking Comparative Law: Variety and Uniformity in Ancient and Modern Tort Law," 61 Tulane Law Review 235 (1986). cu
  • "Waiting for Rescue: An Essay on the Evolution and Incentive Structure of the Law of Affirmative Obligations," 72 Virginia Law Review 879 (1986). cu
  • "Explaining Restitution," 71 Virginia Law Review 65 (1985). cu
  • "The Appraisal Remedy and the Goals of Corporate Law," 32 UCLA Law Review 429 (1985) (with Hideki Kanda). cu
  • "Efficient Markets and Puzzling Intermediaries," 70 Virginia Law Review 645 (1984). cu
  • "Interstate Exploitation and Judicial Intervention," 69 Virginia Law Review 563 (1983). cu
  • "A Reply to Landes: A Faulty Study of No-Fault's Effect on Fault," 48 Missouri Law Review 649 (1983) (with Jeffrey O'Connell). cu
  • "Securities and Secrets: Insider Trading and the Law of Contracts," 68 Virginia Law Review 117 (1982). cu
  • "Self-Assessed Valuation Systems for Tort and Other Law," 68 Virginia Law Review 771 (1982). cu
  • "Monitors and Freeriders in Commercial and Corporate Settings," 92 Yale Law Journal 49 (1982). cu
  • "Identifying Section 306 Stock: The Sleeping Beauty of Revenue Ruling 66-332," 2 Virginia Tax Review 59 (1982). cu
  • "Rescuing Some Antitrust Law: An Essay on Vertical Restrictions and Consumer Information," 67 Iowa Law Review 981 (1981). cu
  • "Bank Trust Departments and 'Float' Revenue: Finding the Proper Procedures," 98 Banking Law Journal 817 (1981). cu

Book Sections

  • "Piece Problems: Component Valuation in Marketing and in Patent and Tort Law," in The Cambridge Handbook of Marketing and the Law, Jacob Gersen & Joel Steckel eds. (Cambridge University Press, forthcoming).
  • "Outside Influence on Democratic Elections," in The Indian Yearbook of Law and Interdisciplinary Studies: Pluralistic Discourse, Ranita Nagar & Hiteshkumar Thakkar eds. (Routledge, 2022). www
  • "Explaining Creditor Priorities," in The Creation and Interpretation of Commercial Law (Routledge, 2022) (with Hideki Kanda). www
  • "Lawmaking, Bilateral Rules, and a Debunking of Catch-22," in Cannons and Codes: Law, Literature, and America's Wars, Alison L. LaCroix, Jonathan S. Masur, Martha C. Nussbaum & Laura Weinrib eds. (Oxford University Press, 2021).
  • "Introduction," in Power, Prose, and Purse: Law, Literature, and Economic Transformations, Alison L. LaCroix, Saul Levmore & Martha C. Nussbaum eds. (Oxford University Press, 2019).
  • "Introduction," in Power, Prose, and Purse: Law, Literature, and Economic Transformations, Alison L. LaCroix, Saul Levmore & Martha C. Nussbaum eds. (Oxford University Press, 2019) (with Molly Brown & Martha C. Nussbaum).
  • "Regulating Greed," in Power, Prose, and Purse: Law, Literature, and Economic Transformations, Alison L. LaCroix, Saul Levmore & Martha C. Nussbaum eds. (Oxford University Press, 2019).
  • "Regulating Retirement and Wrinkles in an Age of Prejudice," in The Empire of Disgust: Prejudice, Discrimination, and Policy in India and the US, Zoya Hasan, Aziz Z. Huq, Martha C. Nussbaum & Vidhu Verma eds. (Oxford University Press, 2018).
  • "Interest Groups and the Durability of Law," in The Timing of Lawmaking, Saul Levmore & Frank Fagan eds. (Edward Elgar, 2017). cu
  • "Legislative Sunrises: Transitions, Veiled Commitments, and Carbon Taxes," in The Timing of Lawmaking, Saul Levmore & Frank Fagan eds. (Edward Elgar, 2017) (with Frank Fagan). cu
  • "Intellectual Property and Legislative Innovation," in The Timing of Lawmaking, Saul Levmore & Frank Fagan eds. (Edward Elgar, 2017). cu
  • "Reparations in the Wake of Atrocities: A Plan for Encouraging Participation by Governments," in Contemporary Issues Facing the International Criminal Court (Brill Nijhoff, 2016) (with Richard H. Steinberg). cu
  • "Kidnap, Credibility, and The Collector," in Fatal Fictions: Crime and Investigation in Law and Literature, Alison L. LaCroix, Richard H. McAdams & Martha C. Nussbaum eds. (Oxford University Press, 2016). cu
  • "Concentrated and Distributed Law: Observations on Legal Evolution from China and Taiwan," in Private Law in China and Taiwan: Legal and Economic Analyses, Yun-chien Chang, Wei Shen & Wen-yeu Wang eds. (Cambridge University Press, 2016). cu
  • "Foreword," in Investor Protection in Capital Markets: The Case of Hong Kong (Sweet & Maxwell, 2016) (with Wei Shen). cu
  • "Legal Applications of the Disclose-or-Blindfold Question," in Blinding as a Solution to Bias: Strengthening Biomedical Science, Forensic Science, and Law (Academic Press, 2016) (with Christopher T. Robertson). cu
  • "Snitching, Whistleblowing, and "Barn Burning": Loyalty in Law, Literature, and Sports," in American Guy: Masculinity in American Law and Literature, Saul Levmore & Martha C. Nussbaum eds. (Oxford University Press, 2014). cu
  • "Introduction: The American Guy in Law and Literature," in American Guy: Masculinity in American Law and Literature, Saul Levmore & Martha C. Nussbaum eds. (Oxford University Press, 2014) (with Martha C. Nussbaum). cu
  • "Coase Is (Still) Everywhere," in Ronald H. Coase (University of Chicago Law School, 2014). cu
  • "Primogeniture, Legal Change, and Trollope," in Subversion and Sympathy: Gender, Law, and the British Novel, Alison L. LaCroix & Martha C. Nussbaum eds. (Oxford University Press, 2013). cu
  • "Stipulated Damages, Superstrict Liability, and Mitigation in Contract Law," in Fault in American Contract Law, Omri Ben-Shahar & Ariel Porat eds. (Cambridge University Press, 2010). cu
  • "Uncorporations and the Delaware Strategy," in Private Company Law Reform: International and European Perspectives, Joseph A. McCahery, Levinus Timmerman & Erik P. Vermeulen eds. (Asser Press, 2010). cu
  • "The Internet's Anonymity Problem," in The Offensive Internet: Speech, Privacy and Reputation, Saul Levmore & Martha C. Nussbaum eds. (Harvard University Press, 2010). cu
  • "The Story of the Wagon Mound Cases: Foreseeability, Causation, and Mrs. Palsgraf," in Torts Stories, Robert L. Rabin & Stephen D. Sugarman eds. (Foundation Press, 2003). cu
  • "Carrots and Torts," in Chicago Lectures in Law and Economics, Eric A. Posner ed. (Foundation Press, 2000). cu
  • "Retroactive Taxation," in The New Palgrave Dictionary of Economics and the Law, Peter Newman ed. (Grove Dictionaries, 1998). cu
  • "Unjust Enrichment," in The New Palgrave Dictionary of Economics and the Law, Peter Newman ed. (Grove Dictionaries, 1998). cu
  • "Transfusing Tort Law," in Issues in Compensatory Justice: The Bhopal Accident, R. S. Khare ed. (Committee on the Comparative Study of the Individual and Society Center for Advanced Studies University of Virginia, 1987). cu

Working Papers

  • "SPACs as Efficient Financing Chains," (2022) (with Frank Fagan). ssrn
  • "Reasoning and Precedents in Appellate Courts," (2022). ssrn
  • "Appellate Panels of One," (2022). ssrn
  • "Addictive Law," (2019). ssrn
  • "Piece Problems: Component Valuation in Marketing and in Patent and Tort Law," (2019). ssrn
  • "Semi-Confidential Settlements in Civil, Criminal, and Sexual Assault Cases," Coase-Sandor Working Paper Series in Law and Economics, No. 796 (2017) (with Frank Fagan). ssrn cu
  • "No-Haggle Agreements," Coase-Sandor Working Paper Series in Law and Economics, No. 720 (2015) (with Ariel Porat). ssrn cu
  • "Rethinking Threats," Coase-Sandor Working Paper Series in Law and Economics, No. 721 (2015) (with Ariel Porat). ssrn cu

Other Publications

  • "SPACs and PIPEs as Efficient Tools for Corporate Growth," The CLS Blue Sky Blog, March 8, 2022 (with Frank Fagan). www
  • "Rules for Renaming," Project Syndicate, February 3, 2022 (with Carolyn B. Ringel). www
  • "Probabilistic Disclosures for Corporate and Other Law," PrawfsBlawg, May 12, 2020. www
  • "The Case for Moving to a Retirement Community," MarketWatch, August 30, 2019. www
  • "The Case for Moving to a Retirement Community," MarketWatch, November 21, 2018. www
  • "A Provocative Argument for Mandatory Retirement," Next Avenue, December 6, 2017. www
  • "Let's Agree on an Age to Retire," Wall Street Journal, September 22, 2017 (with Martha C. Nussbaum). www
  • "Legal Institutions and IPO Puzzles," Harvard Law School Forum on Corporate Governance and Financial Regulation, January 10, 2017 (with Ruoying Chen). www
  • "From Hall of Fame to Affirmative Action," Chicago Tribune, January 18, 2013, at p. 23.
  • "Reparations in the Wake of Atrocities: A Plan for Encouraging Participation by Governments," UCLA Law Forum, 2012. www
  • "From the NBA to the Eurozone Crisis," Chicago Tribune, November 16, 2011, at p. 25.
  • "Fixing the Ills of Money and Politics," Chicago Tribune, November 11, 2008.
  • "Don't Privatize Future by Selling State Lottery," Chicago Tribune, February 5, 2007, at p. C23.

Special Lectures

  • Pound Lecture, University of Nebraska, March 2018, “Law’s Hesitation: Under-Reported Sexual Misbehavior,” (with M. Nussbaum).
  • Meador Lecture, University of Alabama, September 2016, “Title VII to Tinder: Identity and Asymmetry in Law and Markets.”
  • Order of the Coif Distinguished Visitor Lecture, Wayne State University, February 2012, “Why Does Law Converge More Than Food and Music?”
  • Distinguished Visitor Lecture, Loyola Law School (Los Angeles), March 2011, “Intellectual Property in the Idea Economy.” Distinguished Visitor, University of Tennessee, Coif Lecture, February 2011, “Precedent and Convergence.”
  • Sumner Canary Lecture, Case Western Reserve School of Law, April 2007, “Parental Leave and Other Embarrassments.”
  • Terrell Centennial Lecture, University of Texas School of Law, October 2006, “A Theory of Deception and the Common Law Process.”
  • Cleveland-Marshall Fund Lecture, Cleveland-Marshall Law School, September 2005, “Fat Taxes – and Their Opposite.”
  • Mason Ladd Lecture, Florida State University, February 2003, “Citizen Warranties (When Governments and Laws Appeal to Mere Majorities).”
  • John M. Olin Public Lecture, Canadian Law and Economics Association, September 2002, “Property’s Uneasy Past (and Future).”
  • Leary - National Order of the Coif Lecture, University of Utah Law School, November 2000, “More than Mere Majorities.”
  • American Academy of Arts and Sciences, elected member in 2000.
  • Meador Lecture, University of Alabama Law School, February 2000, “Speculating Law: Beyond Cigarettes and Swiss Banks.”
  • Coase Lecture, University of Chicago Law School, February 1999, “Carrots and Torts.”
  • Levine Lecture, Fordham Law School, October 1997, “Fairness, Efficiency, Conspiracy.”
  • Paulus Lecture, Willamette University College of Law, February 1997, “Fables, Sagas, and Laws.”
  • Distinguished Visitor Lecture, Boston University Law School, March 1996, “Unsuitable Bargains.”
  • LL.D. (Honorary), IIT Chicago-Kent, June 1995 (Commencement address: “Attention Spans and Due Process”). Enlund Colloquium Lecture, DePaul University College of Law, March 1995, "The Allure of Love-It-or-Leave-It Rules."
  • Centennial Visitor Lecture, Chicago-Kent College of Law,
  • September 1994, "Democracy and Disasters." Day, Berry & Howard Visiting Scholar Lecture, University of Connecticut School of Law, September 1989, "Just Compensation and Just Politics."

Available

SSRN author page

  • Cross-Border Influencers: Democracy and Externalities, University of Chicago Legal Forum (expected 2023).
  • Investments in The Magnificent Ambersons: Business, Marriage, and Law-Making, prepared for Law and Literature conference (Law, Literature, and Marriage (2023)).
  • Efficiency and Impossibility in the Allocation of Corporate Opportunities, available from author (with Andrew Verstein).
  • Simplicity and Complexity in Law and in Markets, available from author, forthcoming in Texas A&M Law Review.
  • Piece Problems: Component Valuations in Marketing and in Patent and Tort Law, Legal Applications of Marketing Theory (Jacob Gersen & Joel Steckel, eds., 2023).

Under Construction

  • When To Generalize (with Martha Nussbaum)
  • Decision Making in Many Forms (book in progress)
  • Optimal Taxation, Wealth Distribution, and Public Choice
  • Paying for Appeals
  • Duress and Dual Monopolies

Memberships and Professional Affiliations

  • American Academy of Arts and Sciences (2000-present)

Awards and Honors

  • Graduating Students Award for Teaching Excellence, University of Chicago Law School (2016, 2018, 2020, 2022 and in several earlier years)
  • Graduating Students Class Award, University of Chicago Law School (2009; 2011; 2016)
  • Traynor Award, University of Virginia (1997)
  • Alumni Association Teaching Award, University of Virginia (1984)

Service

  • Resident Dean, Renee Granville-Grossman West Residence, University of Chicago (2021-present)
  • President, American Law and Economics Association (2019-20)
  • Trustee, Law School Admissions Council; Chair, Finance Committee (2009-2011)
  • President, American Law Deans Association (two-year term, 2005-06)
  • Trustee, Skadden Foundation (public interest fellowships) (2005-2008)

Editorial Work

  • Directing Editor, Foundation Press (Editorial Board, 1998-present; Directing Editor, 2018-)