Adam Chilton is a Professor of Law and the Walter Mander Research Scholar. This lecture was presented on February 1, 2023.
The University of Chicago Law School invites nominations for the inaugural Donald M. Ephraim Prize in Law and Economics. The Prize recognizes an early-career scholar in the field of law and economics whose work has advanced the state of knowledge in the field and whose intellectual impact has the potential to reach the legal academy, legal profession, and beyond.
Professors Lior Strahilevitz, Daniel Hemel, Lee Fennell, Omri Ben Shahar, and Eric Posner present their research as part of the 2020 Global Lecture Series
Watch nowAbout the Coase-Sandor Institute for Law and Economics
Building on a long tradition of excellence as the birthplace of law and 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.
Events
In this video series of three mini-lectures, Prof. Lisa Bernstein explores the myth of the law merchant: the medieval law merchant, the contemporary law merchant, and the modern law merchant.
View the series
When the Law School’s scholars tap into massive data sets to answer pressing legal questions, they often draw support from the Coase-Sandor Institute of Law and Economics, an academic hub and research lab staffed by a small team of analysts trained to clean, organize, and synthesize data.
It’s a behind-the-scenes ingredient designed for Law School faculty whose cutting-edge scholarship includes time-consuming empirical work—and it is a resource John Rappaport, Professor of Law and Ludwig and Hilde Wolf Research Scholar, calls “significant.”
Working Paper Series
Trade, Leakage, and the Design of a Carbon Tax
David A. Weisbach, Samuel S. Kortum, Michael Wang, Yujia Yao
Expecting Corporate Prosociality
Hajin Kim
The Bankruptcy Tribunal
Anthony J. Casey and Joshua Macey
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.
"The experience of attending the Summer Course was transformative for my academic development,” said Carina de Castro Quirino, a professor from Brazil. “There were very interesting debates and innovative ideas. The interaction of professors from the University of Chicago Law School and scholars from around the world provided an essential space for … the critical development of law and economics."
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