2018 Summer Institute in Law and Economics: Economic Analysis of Public Law
The University of Chicago invites international faculty, advanced scholars, and practitioners to attend the seventh annual Summer Institute. The two-week program is designed to help participants integrate the tools and methods of law and economics into their teaching and research.
The Law School’s successful Summer Institute in Law and Economics, which has spurred a growing number of conferences, scholarly collaborations, and academic programs around the world, attracted the most globally diverse class in its six-year history earlier this month.
Symposium on Personalized Law
Panelists discussed whether a personalized system is moral or democratic, how such a system could be implemented, and the benefits and drawbacks of shifting from uniform to personalized law. Others explored how the increased granularity of legal norms would affect the legal system as a whole, whether personalization will make the legal system more efficient, fair, or equal, or instead serve to undermine the legitimacy of the legal system and infringe on individual privacy.
About the Coase-Sandor Institute for Law and Economics
Building on a long tradition of excellence as the birthplace of law in economics, the University of Chicago Law School launched the Institute for Law and Economics in 2011. The goal of the Institute is to promote the understanding and dissemination of the economic approach to law. It supports research and learning by students, faculty and fellows, and organizes events and activities in Chicago and beyond. Read more about the Institute.
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2018 Coase Lecture
A central question in law and economics is how people will behave in the presence of legal rules. An essential part of that inquiry is what makes people happy or unhappy – what increases or decreases their “subjective well-being.” There is ample evidence that individuals make decisions based in part on what they believe will improve their well-being. In order to understand how legal rules will influence behavior, it is thus vital to understand how those rules will affect happiness.