American Law and Economics Association

Thirty-Third Annual Meeting
June 9-10, 2023

All sessions to be held at Boston University School of Law
765 Commonwealth Avenue
Boston, MA 02215

American Law and Economics Association 2022-2023
Officers
President: Kathryn Zeiler, Boston University
Vice President: James R. Hines, Jr., University of Michigan
Secretary-Treasurer: Richard Brooks, Yale University
Board of Directors
Scott Baker, Washington University in St. Louis
Andrea Cann Chandrasekher, University of California, Davis
Elisabeth de Fontenay, Duke University
Michael D. Frakes, Duke University
Jacob Goldin, Stanford Law School
Murat C. Mungan, George Mason University
Adriana Robertson, University of Chicago
Holger Spamann, Harvard University
Megan Stevenson, University of Virginia
Alexander Stremitzer, ETH Zurich
Melissa Wasserman, University of Texas, Austin
David A. Weisbach, University of Chicago

Editors of the American Law and Economics Review
Scott Baker
J.J. Prescott
Albert H. Choi
Executive Secretary
Karen G. CroccoiProgram Organizers for the 2023 Annual Meeting
Program Committee:
Scott Hirst (co-chair)
Rory Van Loo (co-chair)
Andrew Hayashi
Kristen Underhill
Area Organizers:
Adam Badawi
Netta Barak-Corren
Alon Brav
Emiliano Catan
Caroline Cecot
Yun-chien Chang
Kevin CopeElisabeth de Fontenay
Stephanie Didwania
Danielle D'Onfro
Jared Ellias
Josh Fischman
Talia Gillis
Andrew Hayashi
Colleen Honigsberg
Erik Hovenkamp
David Hyman
Kobi KastielAlex Lee
Adi Leibovitch

Michael Meurer
Murat Mungan
Michael Ohlrogge
Manisha Padi
Mariana Pargendler
Elisa Philip Gentry
Elizabeth Pollman
JJ Prescott
Barak Richman
Adriana Robertson
Kyle Rozema
Sarath Sanga
Natasha Sarin
Sepehr Shahshahani
Christina SkinnerHolger Spamann
Jed Stiglitz
Melissa Wasserman
David Weisbach
Christopher Yooii

Best Submitted Papers by Area
This year the organizers for each area were given the option to nominate the best papers that they reviewed. The
following are the best papers in participating areas.
Note: Papers submitted by area organizers to their own area, and papers by program committee members were
excluded from consideration.
Antitrust andCompetition Policy

Florian Ederer & Bruno Pellegrino, “A Tale of Two Networks: Common Ownershipand Product Market Rivalry” 1Comparative andInternational Law

Adam Chilton & Weijia Rao, “The Collateral Consequences of International
Agreements: Evidence from Bilateral Investment Treaties”

Constitutional Law,
Public Choice, andPolitical Economy

Adam Chilton, Daniel Epps, Kyle Rozema & Maya Sen, “The Endgame of Court
Packing”

Corporate Law andGovernanceOfer Eldar, Tanja Kirmse & Michael Wittry, “The Rise of Anti-Activist Poison
Pills”
Robert J. Jackson, Jr. & Jonathon Zytnick, “Individual Investor Ideology”

Creditors, Borrowers, andBankruptcy

Michael Ohlrogge, “Down the Tubes: Financial Distress, Bankruptcy, andIndustrial Water Pollution”

Criminal Law, Law
Enforcement and Inequity

Pradhi Aggarwal, Alec Brandon, Ariel Goldszmidt & Justin Holz, “HighFrequency Location Data Shows That Race Affects the Likelihood of Being Stopped
and Fined for Speeding” 1

Employment Law, Labor
Law, and Family Law

Yue Feng, Amedeo De Cesari & Konstantinos Stathopoulos, “Outside Employment
Opportunities and Tournament Incentives”

Health Law (including
Public Health), Insurance
Law and TortsMichael Frakes & Jonathan Gruber, “Racial Concordance and the Quality of
Medical Care: Evidence from the Military”

Intellectual Property andInnovation

Alberto Galasso, “The Blurred Lines of Copyright Infringement”

Securities Law and
Finance

Young Jae Choi, Joseph Engelberg, Frank Partnoy, Adam V. Reed & Matthew C.
Ringgenberg, “Zombie Stocks”

Technology, Privacy, andInformation

Hendrik Huning, Lydia Mechtenberg & Arna Woemmel, “Public Perceptions of
Algorithmic Risk Assessments: A Vignette Survey and Deliberation Experiment”

1

Not being presented at the ALEA 2023 Annual Meeting.

iii

Friday, June 9, 2023

8:00 am – 10:45 am

8:00 am – 9:00 am: Registration and Continental Breakfast (BU Law Atrium, 1st Floor)
9:00 am – 10:30 am: Session 1:
Note: In all session tables, presenting authors are in bold, and the panel chair is the final presenter in the panel, withthe penultimate presenter standing in for them for the final presentation
Panels:

9:00 am – 9:30 am

9:30 am – 10:00 am

10:00 am – 10:30 am

1A: Corporate 1:
Dual–Class(Room 211)

Danielle Chaim, “TheCorporate Governance Cartel”

Caley Petrucci, “The Dual–Class Duo”

Roberto Tallarita, “Bargaining
Over Voting Rights”

1B: Corporate 2:
Emerging Issues(Room 212)

Ofer Eldar, Tanja Kirmse &Michael Wittry, “The Rise ofAnti–Activist Poison Pills”

Ian Appel & Jillian Grennan,“Decentralized Governance andDigital Asset Prices”

Dhruv Aggarwal, Albert H.
Choi & Yoon–Ho Alex Lee,
“Meme Corporate Governance”

1C: Judges 1:
Judicial Behavior &Legal Profession(Room 414)

Murat C. Mungan,“Endogenous Judge Decision
Quality, Monotonicity, andTreatment Effects”

Michael Gilbert & Andrew
Hayashi, “Law and Economics
for Empaths”

Joshua Fischman, “A Statistical
Approach to Law School
Citation Rankings”

1D: Criminal 1:
Criminal Sanctions(Room 413)

Alexander Billy & Neel U.
Sukhatme, “Creditor Courts”

Libor Dusek & Christian
Traxler, “Swiftness and Delay of
Punishment”

J. Shahar Dillbary & Thomas J.
Miceli, “Reformulating
Detection in the Economic
Model of Crime: Probability
Scaling and Group Punishment”

1E: Antitrust 1(Room 101)

John Mayo & Robert Press,“The Role of Antitrust Policy on
the Composition of Mergers:
Further Reflections on “Stealth
Consolidation”

Aslihan G. Asil, John M.
Barrios & Thomas Wollmann,“Misaligned Measures ofControl: Private Equity’s
Antitrust Loophole”

Vardges Levonyan & Paolo
Mengano, “Mergers andMarkups”

1F: Property 1:
Administrative Law(Room 209)

Yoon–Ho Alex Lee, “A Modelof the Zone–of–Interests Test”

Daniel J. Hemel & Jonathan S.
Masur, “Valuing Future Lives”

Christine Jolls, “Race,
Administrative Action, andDisclosure Rules”

1G: Mixed:
Constitutional andProperty(Room 204)

Nathan Atkinson, Edward
Foley & Scott C. Ganz, “Beyond
the Spoiler Effect: Can RankedChoice Voting Solve the
Problem of Political
Polarization?”

Abhay Aneja, “Strengthening
State Capacity: Civil Service
Reform and Public Sector
Performance during the Gilded
Age”

John Morley & Yair Listokin,“A Survey of Preferences for
Estate Distribution at Death Part
2: Children and Other
Beneficiaries”

1H: Financial
Regulation 1(Room 203)

Marco Dell’Erba, “Crypto–
Trading Platforms as
Exchanges”

Joseph Kalmenovitz, Siddharth
Vij & Kairong Xiao, “Closing
the Revolving Door”

Gabriel V. Rauterberg &Jeffrey Y. Zhang, “TheBanking/Securities Interface”

10:30 am – 10:45 am: Coffee Break (BU Law Atrium, 1st Floor)

1Friday, June 9, 2023

10:45 am – 12:15 pm
10:45 am – 12:15 pm: Session 2:

Panels:

10:45 am – 11:15 am

11:15 am – 11:45 am

2A: Corporate 3:
ESG 1: Helpful,Harmful, or
Irrelevant?
(Room 211)

Hajin Kim, Joshua Macey &Kristen Underhill, “Does ESG
Crowd Out Support for
Government Regulation?”

Sharon Hannes, Adi Libson &Gideon Parchomovsky, “TheESG Gap”

Jens Dammann & Daniel
Lawrence, “CEOs’
Endorsements of Stakeholder
Values: Cheap Talk or
Meaningful Signal? An
Empirical Analysis”

2B: Securities 1:
Public Company
Disclosure(Room 212)

Alexander L. Platt, “The Lost
History of Mandatory
Disclosure”

Albert H. Choi & Kathryn E.
Spier, “Liability for Non–
Disclosure in Equity Financing”

Mark J. Roe & Charles C.Y.
Yang, “Half the Firms, Double
the Profits: Public Firms’
Transformation, 1996–2021”

2C: Judges 2(Room 414)

Ori Katz, “Reducing Sympathy
Bias in the Courtroom: The
Impact of Statutory
Interpretation Methods”

Benjamin Johnson, Newby
Parton & Dane Thorley, “Judge
Nudges in the Shadow of Judge
Shoves: A Field Experiment on
Judicial Recusal”

Aileen Nielsen, Stavroula
Skylaki, Milda Norkute &Alexander Stremitzer,“Building a Better Lawyer:
Making Lawyers Faster without
Loss of Quality”

2D: Commercial 1(Room 413)

Giuseppe Dari–Mattiacci,
Sander Onderstal, Francesco
Parisi & Ram Singh,“Information–Forcing Effects of
Non–Disclosure Rules”

Yair Listokin, Yehonatan
Givati & Yotam Kaplan,“Excuse 2.0”

Yonathan A. Arbel, “TheReadability of Contracts: Big
Data Analysis”

2E: Tax 1(Room 209)

John Roberts & Jennifer
Bennett Shinall, “When
Equitable Becomes Equal:
Experimental Evidence on
Division of Marital Assets with
Same–Sex Couples”

Jaroslav Bukovina, Tomáš
Lichard, Ján Palguta &Branislav Žúdel, “Tax Loss
Carry–Forwards and the
Elasticity of Corporate Taxable
Income: Evidence from
Administrative Tax Records”

Ram Singh, “Targeting Tax
Evasion: Using General Election
Filings to Examine Effect of theAnti–Evasion Measures inIndia”

2F: Health 1: Tort
Theory(Room 101)Tim Friehe & Joshua C.
Teitelbaum, “Duality inContract and Tort”

Steven Shavell, “An Alternative
to the Basic Causal Requirementfor Liability under the
Negligence Rule”

2G: Intellectual
Property 1: IP
Theory(Room 204)

Roy Baharad & Gideon
Parchomovsky, “Patent Scores”

Alberto Galasso, “The BlurredLines of Copyright
Infringement”

Keith N. Hylton, “A Patent anda Prize”

2H: Employment 1:
Employment:
Compensation,
Noncompetes, andSettlement NDAs
(Room 203)

Tito Boeri, Andrea Garnero &Lorenzo G. Luisetto, “Non–Compete Agreements in a Rigid
Labour Market: The Case of
Italy”

Yue Feng, Amedeo De Cesari &Konstantinos Stathopoulos,“Outside Employment
Opportunities and Tournament
Incentives”

Blair Druhan Bullock & Joni
Hersch, “The Impact of Banning
Confidential Settlements on
Discrimination Dispute
Resolution”

2

11:45 am – 12:15 pm

Friday, June 9, 2023
12:15 pm – 1:00 pm

12:15 pm – 2:00 pm
Lunch
Location: McCausland Commons, BU Law 2nd Floor

1:00 pm – 2:00 p.m.

Presentation of the Ronald H. Coase Medal to Louis Kaplow
Location: BU Law Auditorium
Presentation of the Coase Medal:

Roberta Romano

Coase Medalist Address:“Can Experts Help with Experts?”
Louis Kaplow

3

Friday, June 9, 2023

2:00 pm – 4:00 pm
2:00 pm – 2:15 pm: Coffee Break (BU Law Atrium, 1st Floor)
2:15 pm – 3:45 pm: Session 3:

Panels:2:15 pm – 2:45 pm

2:45 pm – 3:15 pm

3:15 pm – 3:45 pm

3A: Corporate 4:
ESG 2:
Implementation(Room 211)John Armour, Luca Enriques &Thom Wetzer, “Green Pills:
Making Corporate Climate
Commitments Credible”

George S. Georgiev, “Human
Capital as a Mission–Critical
ESG Factor: New Evidence &Legal Implications”

Aneil Kovvali & Yair Listokin,“Valuing ESG”

3B: Corporate 5:
Heterogeneous
Investors (Theory)(Room 212)

Leeor Ofer, “Control
Expropriation via Rights Offers”

Barak Yarkoni, “Skewed
Voting: How Shareholder
Heterogeneity Distorts
Corporate Voting”

Lucian A. Bebchuk & Doron
Levit, “Should Short–Term
Shareholders Have Less
Rights?”3C: Judges 3:
Litigation(Room 414)

Ittai Paldor & Yuval Procaccia,“Preventing Class Action
Sellouts”

Cary Deck, Paul Pecorino &Michael Solomon, “Litigation
with Negative Expected Value
Suits: An Experimental
Analysis”

Eric Helland & Minjae Yun,“Nixing the Judge: Peremptory
Challenges of Judges andStrategic Behavior”

3D Criminal 2:
Police(Room 413)

Griffin Edwards & Stephen
Rushin, “The Effect of Police
Quota Laws”

Hans–Bernd Schaefer & Ram
Singh, “Public Police and theEqual Security Paradox”

3E: Antitrust 2(Room 101)

Xiang Li, “Bank Competition
and Entrepreneurial Gaps:
Evidence from Bank
Deregulation”

Tristan Reed, Mariana Pereira
López, Ana Urrutia Arrieta, &Leonardo Iacovone, “Cartels,
Antitrust Enforcement, andIndustry Performance: Evidence
from Mexico”

David Cicero, Mo Shen &Jaideep Shenoy, “Corporate
M&As and Labor Market
Concentration: Efficiency Gains
or Power Grabs?”

3F: Creditors 1:
Corporate
Bankruptcy(Room 209)

Michael Ohlrogge, “Down theTubes: Financial Distress,
Bankruptcy, and Industrial
Water Pollution”

Marco Celentani, MiguelGarcía-Posada, & Fernando
Gomez–Pomar, “Whether and
How Fresh Start is Relevant for
Small Businesses: Evidence
from a Debt Discharge Natural
Experiment”

Mark J. Roe & Michael
Simkovic, “Absolute Priority
and Valuation in Bankruptcy
Today”

3G: Mixed:
Technology andCorporate(Room 204)

Asaf Eckstein & Gideon
Parchomovsky, “Where the Wild
Things Are? The Governance ofPrivate Companies”

Talia Gillis, Jens Frankenreiter& Dan Svirsky, “Incomplete
Contracts and Future Data
Usage”

Abraham L. Wickelgren,“Optimal Privacy Regulation
when Consumers Make
Inferences from Regulatory
Policy”

3H: Consumer(Room 203)

Danielle D’Onfro, “Contract–
Wrapped Property”

Xinyu Hua & Kathryn E. Spier,“Platform Safety: Strict Liability
Versus Negligence”

Ronen Avraham & Joanna
Shepherd, “The Whack–A–
Mole Game: An Empirical
Analysis of the Regulation of
Litigant Third Party Financing”

3:45 pm – 4:00 pm: Coffee Break (BU Law Atrium, 1st Floor)

4Friday, June 9, 2023

4:00 pm – 5:30 pm
4:00 pm – 5:30 pm: Session 4:

Panels:

4:00 pm – 4:30 pm

4:30 pm – 5:00 pm

5:00 pm – 5:30 pm

4A: Corporate 6:
Illegal Behavior(Room 211)

Dhruv Aggarwal & Lubomir P.
Litov, “Corruption and Cash
Policy: Evidence from a Natural
Experiment”

J.K. Aier, Justin Hopkins &Syrena Shirley, “Independent orInformed? How Combining theRoles of Corporate Secretary
and Chief Legal Officer Impacts
Legal Risk”

Colleen Honigsberg, Edwin Hu,
Robert J. Jackson, Jr.,
“Regulatory Leakage Among
Financial Advisors: Evidence
from FINRA Regulation of“Bad” Brokers”

4B: Securities 2:
Looking Under the
Hood(Room 212)

Peter Molk & Adriana Z.
Robertson, “Discretionary
Investing by ‘Passive’ S&P 500
Funds”

Young Jae Choi, Joseph
Engelberg, Frank Partnoy,
Adam V. Reed & Matthew C.
Ringgenberg, “Zombie Stocks”

Robert P. Bartlett, Justin
McCrary & Maureen O’Hara,“Tiny Trades, Big Questions:
Fractional Shares”

4C: Judges 4:
Judicial Bias
(Room 414)

Elliott Ash & Claudia
Marangon, “Information
Quality and Judge In–Group
Bias: Evidence from Wisconsin
Criminal Courts”

Brendon McConnell, Kegon Tan& Mariyana Zapryanova,“How do Parole Boards Respondto Large, Societal Shocks?
Evidence from the 9/11 Terrorist
Attacks”

Tamar Kricheli–Katz & Keren
Weinshall, “Judging Fast or
Slow: The Effects of Reduced
Caseloads on Gender– andEthnic– Based Disparities inCase Outcomes”

4D: Comparative 1:
International
Investment andLabor Law
(Room 413)

Weijia Rao, “Large
Corporations and Investor–State
Arbitration”

Margaret L. Boittin, Cecilia
Hyunjung Mo, Biz Herman &Sarah Rich-Zendel, “Growing
Awareness to Reduce Labor
Abuse: An Experimental Test ofa Migrant Domestic Workers’
Rights-Awareness Campaign”

Adam Chilton & Weijia Rao,
“The Collateral Consequences ofInternational Agreements:
Evidence from Bilateral
Investment Treaties”

4E: Tax 2(Room 101)

Justin Holz, Andrew Simon,
Patricia Gil, et al., “Using
Nudges to Increase the Take–up
of a Tax Amnesty: A Large
Scale Natural Field Experiment”

Brian Galle, “The Fiscal Fed(Introduction)”

Zachary Halberstam & James
R. Hines, Jr., “Quality–Aware
Tax Incentives for Charitable
Contributions”

4F: Health 2: Health
Law & Policy(Room 209)

Pierre Dubois, Elissa Gentry &Tuba Tunçel, “Strategic
Submissions: A Cross–Country
Analysis of Supplemental DrugApprovals”

Paige Marta Skiba & Zach
Sturman, “The Effect ofChanges to Michigan’s No Fault
Auto Insurance Laws”

Michael Frakes & Jonathan
Gruber, “Racial Concordance
and the Quality of Medical Care:
Evidence from the Military”

4G: Creditors 2:
Mass Torts in
Corporate
Bankruptcy(Room 204)

Adi Marcovich Gross,“Morally Bankrupt: Bankruptcy
Law, Corporate Responsibility,
and Sexual Misconduct”

Michael A. Francus,“Designing Designer
Bankruptcy”

William Organek, “Mass Tort
Bankruptcy Goes Public”

4H: Intellectual
Property 2:
Innovation Empirics
and Calibration(Room 203)

Asli Leblebicioglu & Tanseli
Savaser, “The Not So Uniform
Effects of Trade SecretProtection on Business Entry”

Gerald L. Adams, III &Christopher S. Yoo, “Braess’s
Paradox in WirelessBroadband?: Toward a
Principled Basis for Allocating
Licensed and Unlicensed
Spectrum”

Bernhard Ganglmair, W. Keith
Robinson & Michael Seeligson,“The Rise of Process Claims:
Evidence from a Century of U.S.
Patents”

5Friday, June 9, 2023

5:45 pm – 7:00 p.m.

5:45 pm – 9:00 pm

ALEA Cocktail Reception
Location: Hotel Commonwealth Ballroom
500 Commonwealth Avenue
Note: The Hotel Commonwealth is a fifteen-minute walk from the Law School. To get toCommonwealth Avenue, exit the BU Law atrium to the left, then proceed up the stairs on
your right and across the courtyard. Walk left down Commonwealth Avenue for the
Hotel Commonwealth. Staff will also be present in the BU Law atrium after the lastsession to assist with directions.
Within the Hotel Commonwealth, the Ballroom is located on the second floor. Take thestairs to the hotel lobby, then the stairs or elevator to the second floor.

7:00 pm – 9:00 p.m.

ALEA Annual Dinner
Welcome Remarks:

Kathy Zeiler
President, ALEA

Incoming President’s Address:“Uniformity”
James R. Hines, Jr.
Vice President, ALEA

6

Saturday, June 10, 2023

8:30 am – 10:45 am

8:30 am – 9:00 am: Continental Breakfast (BU Law Atrium, 1st Floor)
9:00 am – 10:30 am: Session 4:
Panels:

9:00 am – 9:30 am

9:30 am – 10:00 am

5A: Corporate 7:
Overarching Topics(Room 211)

Emiliano M. Catan & Marcel
Kahan, “Corporate Governanceand Firm Value”

Yaron Nili, “Peer Group
Governance”

Marcel Kahan & Edward
Rock, “Corporate GovernanceWelfarism”

5B: Corporate 8(Room 212)

Luca Enriques, Casimiro Nigro& Tobias H. Troeger, “Venture
Capital Contracting inContinental Europe: Bargaining
in the Shadow of Corporate Law
Constraints”

Robert J. Jackson, Jr. &Jonathon Zytnick, “Individual
Investor Ideology”

Brian J. Broughman &Matthew T. Wansley, “Risk–
Seeking Governance”

5C: Judges 5(Room 414)

Arturo Romero Yán᷉ez & Neel
Sukhatme, “Judges for Sale: The
Effect of Campaign
Contributions on State Criminal
Courts”

Daniel L. Chen, Matthieu
Chemin & Vincenzo Di Maro, etal., “Data Science for Justice:
The Short–Term Effects of a
Randomized Judicial Reform in
Kenya”Jan Bouckaert & Johan
Stennek, “Conflicts of Interest,
Ethical Standards, andCompetition in Legal Services”

5D: Criminal 3(Room 413)

Aviv Caspi, “Overworking
Public Defenders”

Richard T. Boylan, “HowCourt Mitigation of Jail
Overcrowding Affects
Homicides”

Stephanie Holmes Didwania,“Regressive White–Collar
Crime”

5E: Commercial 2:Contracts I(Room 101)

Kenneth Ayotte & Adam B.
Badawi, “Loopholes inComplex Contracts”

Tun–Jen Chiang, “Private
Rules and Standards”

Naveen Thomas, “MythicalAdverse Effect”

5F: Antitrust 3(Room 209)

Matthew Wansley & SamuelWeinstein, “Venture Predation”

James Dana, “Add–on Pricing:
Do Consumers Need
Protection?”

5G: Comparative 2:
New Methods in
Comparative Law(Room 204)

Han–Wei Ho, Chung–Chia
Huang, Nuno Garoupa, Martin
Wells, Yun–chien Chang & Tom
Ginsburg, “Machine–Learning
Human Rights”

Nuno Garoupa & Rok Spruk,“Synthetic Control Estimation:
A New Tool for Empirical
Comparative Law”

Miguel de Figueiredo, Daniel
Klerman & John P. Wilson, etal., “Legal Origin: A
Geographic Regression
Discontinuity Approach”

5H: Technology 2:
Law and AI(Room 203)

Hendrik Huning, Lydia
Mechtenberg & Arna
Woemmel, “Public Perceptionsof Algorithmic Risk
Assessments: A Vignette Survey
and Deliberation Experiment”

Aileen Nielsen, “The Too
Accurate Algorithm”

Roee Sarel, “Restraining
ChatGPT”

10:30 – 10:45: Coffee Break (BU Law Atrium, 1st Floor)

7

10:00 am – 10:30 am

Saturday, June 10, 2023

10:45 am – 12:15 pm
10:45 am – 12:15 pm: Session 6:

Panels:

10:45 am – 11:15 am

11:15 am – 11:45 am

11:45 am – 12:15 pm

6A: Corporate 9:
Incentives Inside
Firms(Room 211)

George Chondrakis, Mari Sako
& Paul M. Vaaler, “Does More
Variable Compensation Prompt
More Business Prospecting byGeneral Counsel?”

Jeffrey N. Gordon, “Too Many
Mergers? The Golden Parachuteas a Driver of M&A Activity inthe 21st Century”

Saul Levmore & Andrew
Verstein, “A Unifying Approachto Corporate Opportunities,
Non–Competes, Salvage, andDivorce”

6B: Securities 3:
Public and Private
Markets(Room 212)

William W. Clayton, “High–End Securities Regulation”

Tobias H. Troeger, Alperen A.
Gözlügöl & Julian Greth, “TheOscillating Domains of Publicand Private Markets”

Andrew F. Tuch, “Fairness
Opinions and SPAC Reform”

6C: Judges 6:
Litigation Theory(Room 414)

Zvika Neeman & Haggai Porat,“Do Judges Mislead Litigants to
Persuade them to Settle? A
Bayesian Persuasion Theory ofJudge–Brokered Settlements”

Frances Xu Lee, “Paid
Testimony with a Chance of
Perjury”

Alan D. Miller and Shiran
Rachmilevitch, “Inconsistency
on Multimember Courts”

6D: Comparative 3:
Comparative
Corporate Law(Room 413)

James Si Zeng, “Competingwith Leviathan: Law andGovernment Ownership in
China’s Public–Private
Partnership Market”

Lauren Yu–Hsin Lin &Shanyun Xiao, “The Effect ofPartial Privatization of ChineseState–Owned Enterprises: A
Difference–in–Differences
Approach”

Kevin E. Davis & Mariana
Pargendler, “Corruption andControlling Shareholders”

6E: Property 2:
Environmental Law(Room 101)

Joshua C. Macey, “WhyClimate Regulations Fail (inPower Markets)”Yun–chien Chang, Ta–wei
Hung, Chang–Ching Lin &Joseph Tao–yi Wang,“Emotional Bargaining After
Litigation: An Experimental
Study of the Coase Theorem”

David A. Weisbach, SamuelKortum, Michael Wang & Yujia
Yao, “Trade, Leakage, and the
Design of a Carbon Tax”

6F: Tax 3(Room 209)

Dhammika Dharmapala, “TheConsequences of the 2017 US
International Tax Reform: A
Conceptual Framework for
Welfare Analysis”

Thomas J. Brennan & David
M. Schizer, “Transaction–
Specific Tax Reform in Three
Steps: The Case of Constructive
Ownership”

Robert L. McDonald &Thomas J. Brennan, “Protean
Capital Income Taxes”

6G: Health 3:
Experimental
Evidence in Torts(Room 204)

Maytal Gilboa & Tamar
Kricheli–Katz, “Biased
Evaluation of Pain and Suffering
Damages”

J. Shahar Dillbary, Cherie
Metcalf & Brock Stoddard,“Liability Reconsidered:Experimental Evidence”

Wendy Epstein, Christopher
Robertson & Hansoo Ko, “The
Effects of Price Transparency
and Debt Collection Policies on
Intentions to Consume
Recommended Health Care: A
Random Vignette Experiment”

6H: Financial
Regulation 2(Room 203)

Patrick M. Corrigan, “Do the
Securities Laws Actually Protect
Investors? Lessons from
SPACs”

Oliver Hülsewig & Armin
Steinbach, “Sovereign
Regulatory Risk–weightPrivilege and Constitutional
Fiscal Rules”

Prasad Krishnamurthy,“Forgiving Student Loans:
Progressivity, Inequality, andWelfare”

8Saturday, June 10, 2023

12:15 pm – 2:15 pm

12:15 pm – 1:00 pm: Lunch (BU “Beach,” outside Law Auditorium, weather permitting;otherwise McCausland Commons, BU Law 2nd Floor)

1:00 pm – 2:00 pm: Session 7: Junior Scholars Featured Papers Plenary Session (BU Law Auditorium)
Pat Akey, Tania Babina,
Gregory Buchak & Ana–
Maria Tenekedjieva, “TheImpact of Money in Politics
on Labor and Capital:
Evidence from Citizens
United v. FEC”

Edwin Hu & Jonathon
Zytnick, “Institutional
Investor Deliberations”

Bo Bian & Jean–Marie
Meier, “Did Western CEO
Incentives Contribute to
China’s Technological Rise?”2:00 pm – 2:15 pm: Coffee Break (BU Law Atrium, 1st Floor)

9Michael Mueller-Smith,
Benjamin Pyle & Caroline
Walker, “Estimating the
Impact of the Age of
Criminal Majority:
Decomposing Multiple
Treatments in a Regression
Discontinuity Framework”

Saturday, June 10, 2023

2:15 pm – 4:45 pm

2:15 pm – 3:45 pm: Session 8:
Panels:2:15 pm – 2:45 pm

2:45 pm – 3:15 pm

3:15 pm – 3:45 pm

8A: Corporate 10:
Investment Funds(Room 211)

Natalya Shnitser, “The 401(k)Conundrum in Corporate Law”

Jason Oh & Andrew Verstein,“A Theory of the REIT”

Robert J. Jackson, Jr. & John
Morley, “SPACs as Investment
Funds”

8B: Securities 4:
ESG(Room 212)

Jill E. Fisch & Adriana Z.
Robertson, “What’s in a Name?
ESG Mutual Funds and the
SEC’s Names Rule”

Quinn Curtis, Mark
Weidemaier & Mitu Gulati,“Green Bonds, Empty Promises”

Marco Becht, Anete Pajuste &Anna Toniolo, “Voice ThroughDivestment”

8C: Criminal 4(Room 414)

Tom Zur, “How do People
Learn from Not Being Caught?
An Experimental Investigationof a “Non–Occurrence Bias”

Andy Yuan & Spencer Cooper,“Prosecutorial Incentives andOutcome Disparities”

Cree Jones and Preston Lloyd,“Killing as Capital”

8D: Commercial 3:
Contracts II(Room 413)

Scott Baker & GiriParameswaran, “A Theory of theReasonable Person Standard”

Omer Pelled & Ohad Somech,“The Value of Accuracy inContract Interpretation”

Hagay C. Volvovsky,“Collaborating at the Tower ofBabel: The Meaning of
Cooperation and theFoundations of Long-Term
Exchange: The Meaning of
Cooperation and theFoundations of Long-Term
Exchange"

8E: Property 3:
Property Theory(Room 101)

Maytal Gilboa, Yotam Kaplan& Yael Lifshitz, “The Future of
Property”

Lee Anne Fennell, “Property
Moves: Assembling Service
Streams”

Henry Smith, “Equitable Meta–
Law: The Spectrum of
Property”

8F: Constitutional 2:
Hot Button Topics inConstitutional Law(Room 209)

Chika Okafor, “Un–Erasing
Race: Social Network
Discrimination and the Law”

Adam Chilton, Daniel Epps,
Kyle Rozema & Maya Sen, “TheEndgame of Court Packing”

Kevin Tobia, Neel Sukhatme &Victoria Nourse, “Have We
Always Been Originalists?”

8G: Employment 2:
The Corporation as
Employer(Room 204)

Casey Dougal, Thomas Griffin& Irena Hutton, “A culture of
discrimination: Evidence on thecauses and consequences of civilrights litigation against U.S.
corporations”

Maria Gutierrez, Sofia
Martinez & Antonio Vazquez,“When Employees have their
Say on Capital Structure:
Evidence from a Quasi–natural
Experiment”

Benjamin Arold, Elliott Ash, W.
Bentley MacLeod & Suresh
Naidu, “Contracts as Amenities:
Evidence from CanadianCollective Bargaining
Agreements”

8H: Additional
Topics in Law &Economics(Room 203)

Jacob Goldin, Julian Nyarko &Justin Young, “Forecasting
Algorithms for Causal Inferencewith Panel Data”

Bruno Meyerhof Salama,“Macroeconomics and theTradition of Law andEconomics”

David Hyman, Jing Liu &Joshua Teitelbaum, “Does the
1L Curriculum Make a
Difference?”

3:45 pm – 4:45 pm: Wine and Cheese Reception (BU Law Atrium, 1st Floor)

10