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UT Law &Economic Research Papers

The following is a complete list of working papers by number from the present to the beginning of the series. Any paper whose title is underscored can be downloaded by clicking on its number and following the onscreen instructions. More papers will be added over time.


2007 |

2006 | 2005 | 2004 | 2003

2008 RESEARCH PAPERS

133.
Black, Bernard
Equity Swaps and Schedule 13D

132.
Markovits, Richard S
Two Distortion-Analysis Approaches To Economic-Efficiency Analysis: A Third-Best-Economically-Efficient Response To The General Theory Of Second Best

131.
Ganor, Mira
Investing in The Competition

130.
Hyman, David A., Black, Bernard & Silver, Charles
The Effects of Pretrial Process Reform: Evidence From Texas Medical Malpractice Cases

129.
Kim, Woochan; Sung, Taeyoon & Wei, Shang-Jin
Does Corporate Governance Risk at Home Affect Investment Choices Abroad?

128.
Kim, Woochan; Kim, Woojin & Kwon, Kap-Sok
Value of Shareholder Activism: Evidence from the Switchers

127.
Markovits, Richard S.
Truth or Economics: On The Definition, Prediction, & Relevance of Economic Efficiency

126.
Dammann, J. C. & Schundeln, Mathias
When Are Limited Liability Companies Formed? An Empirical Analysis

125.
Spence, David B.
Can Law Manage Competitive Energy Markets?

124.
McNollgast & Rodriguez, Daniel
Administrative Law Agonistes

123.
Han Kim, E. & Woochan Kim,
Corporate Governance in Korea: A Decade after the Financial Crisis

122.
Hu, Henry T.C. & Bernard S. Black,
Equity and Debt Decoupling and Empty Voting II: Importance and Extensions

121.
Litvak, Kate,
Frank Easterbrook and Daniel Fischel

120.
Hu, Henry T.C. & Bernard S. Black,
Debt, Equity, and Hybrid Decoupling: Governance and Systemic Risk Implications

2007 RESEARCH PAPERS

119.
Dammann, Jens C. & Matthias Schündeln,
The Incorporation Choices of Privately Held Corporations

118.
Johnson, Calvin H.,
Why Do Venture Capital Funds Burn Research and Development Deductions?

117.
Atanasov, Vladimir, Bernard S. Black & Conrad S. Ciccotello
Unbundling and Measuring Tunneling

116.
Hu, Henry T.C. & Bernard S. Black,
Equity and Debt Decoupling and Empty Voting II: Importance and Extensions

115.
Graglia, Lino A.,
Leegin Creative Leather Products, Inc. v. PSKA, Inc.: The Strange Career of the Law of Resale Price Maintenance

114.
Dammann, Jens,
Majority Freezeout

113.
Black, Bernard S., Brian Cheffins, Martin Gelter, Hwa-Jin Kim, Richard Nolan, Mathias Siems & Linia Prava Law Firm,
Legal Liability of Directors and Company Officials Part 2: Court Procedures, Indemnification and Insurance, and Administrative and Criminal Liability (Report to the Russian Securities Agency)

112.
Black, Bernard S., Brian Cheffins, Martin Gelter, Hwa-Jin Kim, Richard Nolan, Mathias Siems & Linia Prava Law Firm,
Legal Liability of Directors and Company Officials Part 1: Substantive Grounds for Liability (Report to the Russian Securities Agency)

111.
Hawkins, Jim,
Renting the Good Life

110.
Black, Bernard S., Brian Cheffins, Martin Gelter, Hwa-Jin Kim, Richard Nolan, Mathias Siems & Linia Prava Law Firm,
Comparative Analysis on Legal Regulation of the Liability of Members of the Management Organs of Companies

109.
Black, Bernard S., Gledson de Carvalho, Rocha Gorga & Erica Christina,
An Overview of Brazilian Corporate Governance

108.
Litvak, Kate,
Did the Sarbanes-Oxley Act Affect Risk-Taking by Cross-Listed Companies

107.
Litvak, Kate,
The Long Term Effect of Sarbanes-Oxley on Cross-Listing Premia

106.
Hyman, David, Bernard Black, Charles Silver & William Sage,
Estimating the Effect of Damage Caps in Medical Malpractice Cases: Evidence from Texas

105.
Allison, John R., Abe Dunn & Ronald J. Mann,
Software Patents, Incumbents, and Entry (pdf)

104.
Mann, Ronald & Travis Siebeneicher,
Just One Click: The Reality of Internet Retail Contracting (pdf)

103.
Rau, Alan S.,
Arbitral Jurisdiction and the Dimensions of ''Consent''

102.
Silver, Charles, Kathryn Zeiler, Bernard S. Black, David Hyman & William H. Sage,
Malpractice Payouts and Malpractice Insurance: Evidence from Texas Closed Claims, 1990-2003

101.
Westbrook, Jay,
International Academy of Commercial and Consumer Law Changing Law for Changing Times, 13th Biennial Meeting: Avoidance of Pre-Bankruptcy Transactions in Multinational Bankruptcy Cases

100.
Hu, Henry T.C. & Jay L. Westbrook,
Abolition of the Corporate Duty to Creditors

099.
Black, Bernard S., David A. Hyman, Charles Silver & William H. Sage,
Defense Costs in Medical Malpractice and Other Personal Injury Cases: Evidence from Texas, 1988-2004

098.
Dammann, Jens & Henry Hansmann,
A Global Market for Judicial Services (pdf)

097.
Allison, John R. & Ronald J. Mann,
The Disputed Quality of Software Patents (pdf)

096.
Hu, Henry T.C. & Bernard S. Black,
Hedge Funds, Insiders, and the Decoupling of Economic and Voting Ownership: Empty Voting and Hidden (Morphable) Ownership

095.
Litvak, Kate,
Firm Governance as a Determinant of Capital Lock-In

094.
Litvak, Kate,
Sarbanes-Oxley and the Cross-Listing Premium

2006 RESEARCH PAPERS

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093.
Cross, Frank B. & Stephanie A Lindquist,
The Scientific Study of Judicial Activism

092.
Bracha, Oren,
Standing Copyright Law on Its Head? The Googlization of Everything and the Many Faces of Property

091.
Johnson, Calvin H.
Was it Lost?: Personal Deductions Under Tax Reform

090.
Cross, Frank B., Thomas A. Smith & Antonio Tomarchio,
Determinants of Cohesion in the Supreme Court's Network of Precedents

089.
Black, Bernard S. & Woochan Kim,
The Effect of Board Structure on Firm Value in an Emerging Market: IV, DiD, and Time Series Evidence from Korea

088.
Warren, Elizabeth & Jay L. Westbrook,
The Dialogue Between Theoretical and Empirical Scholarship (pdf)

087.
Khanna, Vikramaditya & Bernard S. Black,
An Overview of Indian Corporate Governance Practices

086.
Black, Bernard S. & Vikramaditya Khanna,
Can Corporate Governance Reforms Increase Firms' Market Values? Evidence From India

085.
Gorga, Érica & Michael Halberstam,
Knowledge Inputs, Legal Institutions and Firm Structure: Towards A Knowledge-Based Theory of the Firm (pdf)

084.
Mann, Ronald J.,
The Supreme Court, The Solicitor General and Bankruptcy: BFP v. Resolution Trust Corporation (pdf)

083.
Mann, Ronald J. & Jim Hawkins,
Just Until Payday (pdf)

082.
Stapelton, Jane,
Occam's Razor Reveals an Orthodox Basis for Chester v. Afshar

081.
Leiter, Brian & Michael Weisberg,
Why Evolutionary Biology is (So Far) Irrelevant to Law

080.
Atanasov, Vladimir A., Bernard S. Black, Conrad S. Ciccotello, & Stanley B. Gyoshev,
How Does Law Affect Finance? An Examination of Financial Tunneling in an Emerging Market

079.
Sullivan, Teresa A., Elizabeth Warren, & Jay L. Westbrook,
Less Stigma or More Financial Distress: An Empirical Analysis of the Extraordinary Increase in Bankruptcy Filings

078.
Warren, Elizabeth & Jay L. Westbrook,
Contracting Out of Bankruptcy: An Empirical Intervention

077.
Allison, John R., Abe Dunn, & Ronald J. Mann,
Patents and Business Models for Software Firms (pdf)

076.
Black, Bernard, Brian Cheffins, & Michael Klausner,
Outside Director Liability

075.
Mann, Ronald J.,
Bankruptcy Reform and The "Sweat Box" of Credit Card Debt (pdf)

074.
Prentice, Robert A.,
Law & Gratuitous Promises

073.
Prentice, Robert A. & Frank Cross,
Economies, Capital Markets, and Securities Law

072.
Prentice, Robert A.,
Regulatory Competition in Securities Law: A Dream (That Should) Be Deferred

071.
Prentice, Robert A.,
The Inevitability of a Strong SEC

070.
Hu, Henry T. C. & Bernard Black,
Empty Voting and Hidden (Morphable) Ownership: Taxonomy, Implications, and Reforms

069.
Hu, Henry T. C. & Bernard Black,
Hedge Funds, Insiders, and the Decoupling of Economic and Voting Ownership: Empty Voting and Hidden (Morphable) Ownership

068.
Hyman, David A., Bernard Black, Charles Silver, William M. Sage, & Kathryn Zeiler,
Do Defendants Pay What Juries Award?: Post-Verdict Haircuts in Texas Medical Malpractice Cases, 1988-2003

067.
Silver, Charles, Kathryn Zeiler, Bernard Black, David A. Hyman, & William M. Sage,
Physicians' Insurance Limits and Malpractice Payments: Evidence from Texas Closed Claims, 1990-2003

2005 Research Papers

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066.
Black, Bernard S., Inessa Love & Andrei Rachinsky,
Corporate Governance and Firms' Market Values: Time Series Evidence from Russia

065.
Cross, Frank B.,
Legal Process, Legal Realism and the Strategic Political Effects of Procedural Rules

064.
Cross, Frank B.,
Law and Trust

063.
Cross, Frank B.,
Identifying the Virtues of the Common Law

062.
Gamage, David & Kedem Allon,
Commodification and Contract Formation: Placing the Consideration Doctrine on Stronger Foundations

061.
Dickerson, A. Mechele,
"Words that Wound: Defining, Discussing, and Defeating Bankruptcy 'Corruption'"

060.
Mann, Ronald J.,
"Contracting" for Credit (pdf)

059.
Mann, Ronald J.,
Optimizing Consumer Credit Markets and Bankruptcy Policy (pdf)

058.
Mann, Ronald J.,
The Commercialization of Open Source Software: Do Property Rights Still Matter? (pdf)

057.
Mann, Ronald J. & Thomas W. Sager,
Patents, Venture Capital, and Software Start-ups (pdf)

056.
Dammann, Jens & Henry Hansmann,
Extraterritorial Courts for Corporate Law

055.
Litvak, Kate,
The Effect of the Sarbanes-Oxley Act on Non-US Companies Cross-Listed in the US

054.
Black, Bernard S., Brian R. Cheffins & Michael Klausner,
Outside Director Liability: A Policy Analysis

053.
Hu, Henry T.C. & Bernard S. Black,
The New Vote Buying: Empty Voting and Hidden (Morphable) Ownership

052.
Black, Bernard S.,
Ranking Law Schools: Using SSRN to Measure Scholarly Performance

051.
Johnson, Calvin H.,
Tales from the KPMG Skunk Works: The Basis-Shift or Defective-Redemption Shelter

050.
Black, Bernard S., Brian R. Cheffins & Michael Klausner,
Outside Director Liability (Before Enron and WorldCom)

049.
Mann, Ronald J.,
Global Credit Card Use and Debt: Policy Issues and Regulatory Responses (pdf)

048.
Teichman, Doron,
The Market for Criminal Justice: Federalism, Crime Control, and Jurisdictional Competition

047.
Teichman, Doron,
Sex, Shame, and the Law: An Economic Perspective on Megan's Law

045.
Mann, Ronald J. & Seth R. Belzley,
The Promise of Internet Intermediary Liability (pdf)

044.
Mann, Ronald J.,
Credit Cards, Consumer Credit, and Bankruptcy (pdf)

043.
Markovits, Richard S.,
Marine-Salvage Law and Marine-Peril-Related Policy: A Second-Best and Third-Best Economics-Efficiency Analysis of the Problem, the Law, and the Classic Landes and Posner Study

042.
Markovits, Richard S.,
On the Possibly-Predatory Character of Non-Systems-Rivalry Investments and Systems Rivalry: Definitional, Functional, and Legal Analyses

041.
Markovits, Richard S.,
Liberalism and Tort Law: On the Content and Allocative Efficiency of a Liberal Common Law of Torts

2004 Research Papers

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040.
Mann, Ronald J.,
An Empirical Investigation of Liquidation Choices of Failed High Tech Firms (pdf)

039.
Black, Bernard S., Hasung Jang & Woochan Kim,
Predicting Firms' Corporate Governance Choices: Evidence from Korea

038.
Hyman, David A. & Charles Silver,
The Poor State of Health Care Quality in the U.S.: Is Malpractice Liability Part of the Problem or Part of the Solution?

036.
Markovits, Richard S.,
Tort-Related Risk Costs and the Hand Formula for Negligence

035.
Black, Bernard S., Brian R. Cheffins & Michael D. Klausner,
Shareholder Suits and Outside Director Liability: The Case of Korea

034.
Litvak, Kate,
Governance Through Exit: Default Penalties and Walkaway Options in Venture Capital Partnership Agreements

033.
Edelman, Paul H., Richard Allen Nagareda & Charles M. Silver,
The Allocation Problem in Multiple-Claimant Representations

032.
Black, Bernard S., Brian R. Cheffins & Michael D. Klausner,
Outside Directors and Lawsuits: What Are the Real Risks?

031.
Black, Bernard S. & Brian Cheffins,
Outside Director Liability Across Countries

030.
Black, Bernard S., Charles Silver, David A. Hyman & William M. Sage,
Stability, Not Crisis: Medical Malpractice Claim Outcomes in Texas, 1988-2002

029.
Litvak, Kate,
Venture Capital Limited Partnership Agreements: Understanding Compensation Arrangements

028.
Johnson, Calvin H.,
The Incredible Shrinking Domain of Corporate Stock

027.
Black, Bernard S., Brian Cheffins & Michael Klausner,
Liability Risk for Outside Directors: A Cross-Border Analysis

026.
Black, Bernard S., Hasung Jang & Woochan Kim,
Does Corporate Governance Affect Firms' Market Values? Evidence from Korea

025.
Reese, R. Anthony,
Reducing Digital Copyright Infringement Without Restricting Innovation

024.
Fennell, Lee Anne,
Relative Burdens: Family Ties and the Safety Net

023.
Westbrook, Jay L.,
The Control of Wealth in Bankruptcy

022.
Mann, Ronald J.,
The Myth of the Software Patent Thicket: An Empirical Investigation of the Relationship Between Intellectual Property and Innovation in Software Firms (pdf)

021.
Reese, R. Anthony,
Will Merging Access Controls and Rights Controls Undermine the Structure of Anticircumvention Law?

020.
Ronald J. Mann,
Contracts with Consent: A Contextual Critiqueof the No-Retraction Liability Regime (pdf)

019.
Mann, Ronald J.,
Making Sense of Payments Policy in the Information Age (pdf)

018.
Mann, Ronald J.,
Credit Card Policy in a Globalized World (pdf)

017.
Fennell, Lee Anne,
Contracting Communities

2003 Research Papers

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016.
Johnson, Calvin H.,
Tax Profs Urge SEC to Take Tough Stance on Auditor Independence (pdf)

015.
Johnson, Calvin H.,
A Thermometer for the Tax System: The Overall Health of the Tax System as Measured by Implicit Tax

014.
Johnson, Calvin H.,
Barbie Dolls in the Archeological Dig: Professor Johnson Responds (pdf)

013.

012.
Johnson, Calvin H.,
The Bush 35 Percent Flat Tax on Distributions from Public Corporations

011.
Johnson, Calvin H.,
Destroying Tax Base: The Proposed INDOPCO Capitalization Regulations

010.
Johnson, Calvin H.,
Depreciation Policy During Carnival: The New 50 Percent Bonus Depreciation

009.
Johnson, Calvin H.,
Point & Counterpoint: The Proposed 12-Month Rule: A Solomonic Solution or a Victory for the Foxes? (pdf)

008.
Markovits, Richard S.,
Why Kaplow And Shavell's "Double-Distortion Argument" Articles Are Wrong

007.
Mann, Ronald J.,
Regulating Internet Payment Intermediaries (pdf)

006.
Netanel, Neil W.,
Impose a Noncommercial Use Levy to Allow Free Peer-to Peer File Sharing

005.
Fennell, Lee Anne,
Common Interest Tragedies

004.
Reese, R. Anthony,
The First Sale Doctrine in the Era of Digital Networks

003.
Johnson, Calvin H.,
Why Stock and Stock-Option Compensation are Such a Terrible Idea

002.
Mann, Ronald J.,
The Rise of State Bankruptcy-Directed Legislation (pdf)

001.
Fennell, Christopher C. & Lee Anne Fennell,
Fear and Greed in Tax Policy: A Qualitative Research Agenda