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Research & Resources

Publications and Papers

Listed below is a sampling of recently published papers and work in progress by members of the Associate Faculty of the Institute for Law and Economics. ILE maintains a series of research papers and provides copies—electronic or paper—to interested parties upon request to

The Institute is a member of the Legal Scholarship Network (LSN), a subset of the Social Science Research Network. Current ILE research papers are posted in the University of Pennsylvania Law and Economics Research Paper Series on the LSN Web site. Abstracts as well as complete papers can be downloaded ( html).

Faculty appointments are in the University of Pennsylvania Law School unless otherwise noted.


David Abrams, Professor of Law, Business Economics, and Public Policy

The Law and Economics of Stop-and-Frisk , 46 Loy. L. Rev. 369 (2014).


Tom Baker, William Maul Measey Professor of Law and Health Sciences

The Pandemic and the Past & Future of Insurance Law & Practice (with K. Abraham) , __ DePaul L. Rev. __ (Clifford Symposium)(2021).

Uncertainty > Risk: Lessons for Legal Thought from the Insurance Runoff Market , 62 Boston College L. Rev . 59 (reviewed in Jotwell)(2020).

How Liability Insurers Protect Patients and Improve Safety (with C. Silver), 68 DePaul L. Rev. 209 (2019).

Behavioral Economics, Decumulation, and the Regulatory Strategy for Robo Advice (with B. Dellaert), in The Disruptive Impact of FinTech on Retirement Systems, Olivia S. Mitchell, ed. (forthcoming 2019).

Mutually Assured Protection Among Large U.S. Law Firms (with R. Swedloff), 24 Conn. Ins. L. J. 1 (2018).


William W. Bratton, Nicholas F. Gallicchio Professor of Law Emeritus

CORPORATE FINANCE: CASES AND MATERIALS (Foundation Press, 9th ed. 2021).

Corporate Law and The Myth of Efficient Market Control (with S. Sepe), 105 Cornell L. Rev. 675 (2020).

Collected Lectures and Talks on Corporate Law, Legal Theory, History, Finance, and Governance, 42 Seattle U. L. Rev. 756 (2019).

The New Bond Workouts (with A. Levitin), 166 U. Pa. L. Rev. 1597 (2018).


Howard F. Chang, Earle Hepburn Professor of Law Emeritus

The Economics of Immigration Reform , 52 UC Davis L. Rev. 111 (2018)


Cary Coglianese, Edward B. Shils Professor of Law and Professor of Political Science

AI in Adjudication and Administration (with L. Ben Dor), __ Brook. L. Rev. __ (forthcoming).

Administrative Law in the Automated State , Dædalus (forthcoming).

Algorithmic Administrative Justice (with S. Appel), The Oxford Handbook of Administrative Justice (Oxford University Press, Marc Hertogh, Richard Kirkham, Robert Thomas and Joe Tomlinson, eds., forthcoming).

Compliance Management Systems: Do They Make a Difference? (with J. Nash), Cambridge Handbook of Compliance (Cambridge University Press, D. Daniel Sokol & Benjamin van Rooij, eds., forthcoming).

The Regulator’s Handbook (Brookings Institution Press, forthcoming).

Who Wins, Who Loses: Inequality and the Distribution of Regulatory Impacts (Brookings Institution Press, forthcoming).

Improving the World Through Better Regulatory Law and Policy (Edward, Elgar forthcoming).

Unrules (with G. Scheffler and D. Walters), 73 Stan. L. Rev. 885 (2021).

What Regulators Can Learn from Global Health Governance , 16 Global Health Governance 14 (2021).

Contracting for Algorithmic Accountability (with E. Lampmann), 6 Admin. L. Rev. Accord 175 (2021).

Algorithmic Regulation: Machine Learning as Governance Tool , The Algorithmic Society: Power, Knowledge and Technology in the Age of Algorithms 35-52 (Routledge, Marc Schuilenburg & Rik Peeters, eds., 2021).

Administrative Law in a Time of Crisis: Comparing National Responses to COVID-19 (with N. Mahboubi), 73 Admin. L. Rev. 1 (2021).

Algorithmic Governance and Administrative Law (with S. Appel), Cambridge Handbook on the Law of Algorithms: Human Rights, Intellectual Property, Government Regulation 162-181 (Cambridge University Press, Woodrow Barfield ed., 2021).

Environmental Soft Law as a Governance Strategy , 61 Jurimetrics 19 (2020) (peer-reviewed).

Law as Scapegoat , The Crisis of Confidence in Legislation 337-365 (Hart/Nomos, Maria De Benedetto, Nicola Lupo & Nicoletta Rangone, eds., 2020).

Social Science and the Analysis of Environmental Policy (with S. Starobin), 37 Rev. of Pol’y Res. 573 (2020) (peer-reviewed).

Litigating EPA Rules: A Fifty-Year Retrospective of Environmental Rulemaking in the Courts (with D. Walters), 70 Case W. Res. L. Rev. 1007 (2020).

Whither the Regulatory ‘War on Coal’? Scapegoats, Saviors, and Stock Market Reactions (with D. Walters), 47 Ecology L.Q. 1 (2020).

Illuminating Regulatory Guidance , 9 Mich. J. Envtl. & Admin. L. 243 (2020).

Management-Based Regulation (with S. Starobin), in Policy Instruments in Environmental Law 292-307 (Kenneth R. Richards and Josephine van Zeben, eds. Edward Elgar 2020).

Deceptive Deregulation (with N. Sarin and S. Shapiro), The Regulatory Review (November 2, 2020)

The Government’s Hidden Superpower: ‘Unrules’ (with G. Scheffler and D. Walters), Fortune (October 30, 2020).

Ten Years of Regulatory Guidance , The Regulatory Review (October 12, 2020).

Dissing the Supreme Court , The Regulatory Review (August 10, 2020).

Law, Leadership, and Legitimacy in a Time of Disease , The Regulatory Review (July 6, 2020).

Tracking Legal Responses to COVID-19 (with L. Morgan), The Regulatory Review (July 3, 2020).

Politics, Prosecutors, and Procedural Fairness , The Regulatory Review (June 29, 2020).

Legitimacy, Not Force, Is Key to Presidential Power , The Regulatory Review (June 20, 2020).

Obligation Alleviation During the COVID-19 Crisis , The Regulatory Review (Apr. 20, 2020).

Regulation Serves People, and Depends on Them Too , The Regulatory Review (Feb. 24, 2020).


Lisa M. Fairfax, Presidential Professor of Law; Co-Director, Institute for Law and Economics

Stakeholderism, Corporate Purpose, and Credible Commitments, __ Va. L. Rev. __ (forthcoming 2021).

The Shareholder-Stakeholder Alliance, Research, Handbook on Corporate Purpose and Personhood (Elizabeth Pollman & Robert B. Thompson eds., Edward Elgar Publishing, forthcoming 2021).

Racial Reckoning with Economic Inequality: Board Diversity as Symptom and Partial Cure, 106 Cornell L. Rev. Online __ (forthcoming 2021).

Just Say Yes?: The Fiduciary Duty Implications of Directorial Acquiescence, 106 Iowa L. Rev. 1315 (2021) (selected to be reprinted in the Corporate Practice Commentator) The Securities Law Implications of Financial Literacy, 104 Va. L. Rev. 1065 (2018) (selected by the Corporate Practice Commentator as one of the Top Ten Corporate and Securities Articles of 2019).

From Apathy to Activism: The Emergence, Impact and Future of Shareholder Activism as the New Corporate Governance Norm, 99 B.U. L. Rev. 1301 (2019).

All on Board? Board Diversity Trends Reflect Signs of Promise and Concern, 87 Geo. Wash. L. Rev. 1031 (2019) (Symposium: Women and Corporate Governance).

Business Organizations: An Integrated Approach (Foundation Press 2019).


Jill Fisch, Saul A. Fox Distinguished Professor of Business Law; Co-Director, Institute for Law and Economics

Recently-published articles

Should Corporations Have a Purpose?,99 Tex. L. Rev. 1309 (July 2021) (with Steven Davidoff Solomon)

Trust, Financial Literacy and Financial Market Participation , J. Pens. Econ. & Fin. 1-31 (Sept. 2021) (with Jason Seligman)

Power and Statistical Significance in Securities Fraud Litigation , 11 Harv. Bus. L. Rev. 55 (2021) (with Jonah Gelbach)

Paper Presentations
Do ESG Mutual Funds Deliver on their Promises?

Presented at: LawFin Research Seminar - Center for Advanced Studies on the Foundations of Law and Finance (Sept. 20, 2021) (virtual)

Corporate Law Academic Webinar Series (CLAWS) (May 28, 2021) (virtual)

Investment Company Institute (April 29, 2021) (virtual)

Pop-up Workshop (March 31, 2021) (virtual)

GameStop and the Reemergence of the Retail Investor

Presented at: Centre for Commercial Law and Regulatory Studies Roundtable Discussion on The 21st Century Berle & Means Corporation: A Revolution in Retail Investing (July 2021) (virtual)

Southeastern Association of Law Professors Annual Meeting (Florida) (July 2021)

National Business Law Scholars Conference (June 2021) (virtual)

Penn Law Faculty Ad Hoc (June 2021) (virtual)

Commentator on Lucian Bebchuk et al., For Whom Corporate Leaders Bargain , UN PRI Digital Conference (Sept. 2021) (virtual)

Commentator on Armour et al., Making Corporate Carbon Commitments Credible , 5th Annual Oxford Business Law Blog Conference: Business Law and the Transition to a Net Zero Carbon Economy (May 2021) (virtual)

Speeches and panels

Panelist, The Federalist Society, The Shareholder and Stakeholder Symposium (Washington, DC Sept. 24, 2021)

Panelist, Cato Institute Conference on Retail Investing and the Future of Equities Markets (Sept. 2021) (virtual)

Panelist, Short-termism in Corporate Law, Southeastern Association of Law Professors Annual Meeting (Florida) (July 2021)

Panelist, Insider Trading, Southeastern Association of Law Professors Annual Meeting (Florida) (July 2021)

Panelist, Board Diversity, Law & Society Annual Meeting (May 2021) (virtual)


Response to SEC request for public input on climate change disclosure, available at (June 11, 2021) (with Donna M. Nagy & Cynthia A. Williams)

Working papers cited in Delaware Supreme Court’s opinion in Manti Holdings, LLC v. Authentix Acquisition Co., 2021 Del. LEXIS 286 (September 13, 2021) (A Lesson from Startups: Contracting out of Shareholder Appraisal, __ Iowa L. Rev. __ (forthcoming 2022) & Stealth Governance: Shareholder Agreements and Private Ordering, 99 Wash. U. L. Rev. __ (forthcoming 2022))


Vincent Glode, Associate Professor of Finance, The Wharton School

Over-the-Counter vs. Limit-Order Markets: The Role of Traders’ Expertise (with C. Opp), 33 Rev. Fin. Stud. 866 (Feb. 2020).

Voluntary Disclosure in Bilateral Transactions (with C. Opp and X. Zhang), 175 J. of Econ. Th. 652 (May 2018).


Itay Goldstein, Joel S. Ehrenkranz Family Professor of Finance, The Wharton School

Mutual Fund Flows and Fluctuations in Credit and Business Cycles (with A. Ben-Rephael and J. Choi), 139:1 J. Fin. Econ. 84 (Jan. 2021).

Credit Rating Inflation and Firms’ Investments (with C. Huang), 75:6 J. Fin. 2929 (Dec. 2020).

Monetary Stimulus and Bank Lending , (with I. Chakraborty & A. MacKinlay), 136:1 J. Fin. Econ. 189 (Apr. 2020).

Good Disclosure, Bad Disclosure (with L. Yang), 131:1 J. Fin. Econ. 118 (Jan. 2019).

Government Guarantees and Financial Stability (with F. Allen, E. Carletti & A. Leonello), 177 J. Econ. Th. 518 (Sept. 2018).

Stress Tests and Information Disclosure (with Y. Leitner), 177 J. Econ. Th. 34 (Sept. 2018).

Housing Price Booms and Crowding-Out Effects in Bank Lending (with I. Chakraborty & A. MacKinlay), 31:7 Rev. Fin. Stud. 2806 (July 2018).


Lawrence A. Hamermesh, Executive Director, Institute for Law & Economics, and Professor Emeritus, Widener University Delaware Law School (Senior Special Counsel, Securities and Exchange Commission Division of Corporation Finance, 2010–2011)

A Babe in the Woods: An Essay on Kirby Lumber and the Evolution of Corporate Law , 45 Del. J. Corp. L. 125 (2020).

Delaware Corporate Fiduciary Law: Searching for the Optimal Balance (with L. Strine, Jr.), in Oxford Handbook of Fiduciary Law (Oxford Univ. Press, Evan J. Criddle, Paul B. Miller, and Robert H. Sitkoff, eds., 2019).

The Role of Directors in M&A Transactions: A Governance Handbook for Directors, Management and Advisors (co-editor, with D. Frankle, M. Halloran and P. Vella), ABA Business Law Section (2019).

Finding the Right Balance in Appraisal Litigation: Deal Price, Deal Process, and Synergies (with M. Wachter), 73 Bus. Law 961 (Fall 2018).


Richard J. Herring, Jacob Safra Professor of International Banking, Professor of Finance, The Wharton School; Co-Director, Wharton Financial Institutions Center

International Coordination of Supervision: Why has it Grown? Will it be sustained? 10:2 J. Fin. Econ. Pol. 213 (July 2018).

The Evolving Complexity of Capital Regulation , 53 J. Fin. Serv. Res. 2 (June 2018).

Shadowing Capital Regulation: 1986-2015 , in Financial Regulation: Essays in Honor of George Kaufman, World Scientific (2018).


David Hoffman, Professor of Law, University of Pennsylvania Law School

The Social Cost of Contract (with C. Hwang) , 121 Colum. L. Rev. 979 (2021).

Transactional Scripts in Contract Stacks (with S. Cohney) , 105 Minn. L. Rev. 319 (2020).

Hushing Contracts (with E. Lampmann) , 97 Wash U L. Rev. 165 (2019).

Coin-Operated Capitalism (with S. Cohney, J. Sklaroff and D. Wishnick), 119 Colum. L. Rev. 591 (2019).

Relational Contracts of Adhesion, 85 U. Chi. L. Rev. 1395 (2018).

Law and Psychology Grows Up, Goes Online, and Replicates (with K. Irvine and T. Wilkinson-Ryan) , 15 J. Emp. Leg. Stud. 1 (2018).


Robert W. Holthausen, The Nomura Securities Company Professor, Professor of Accounting and Finance, The Wharton School

Corporate Valuation: Theory, Evidence and Practice (with M. Zmijewski)(Cambridge Business Publishers, 2nd edition, 2020) .


Herbert Hovenkamp, James G. Dinan University Professor

ANTITRUST LAW (with the late P. Areeda & the late D. Turner) (New York: Kluwer/Aspen, 21 volumes, 4th & 5th editions, 2021).


IP AND ANTITRUST: AN ANALYSIS OF ANTITRUST PRINCIPLES APPLIED TO INTELLECTUAL PROPERTY LAW (with M. Janis, M. Lemley, C. Leslie, & M. Carrier) (Kluwer/Aspen, 3d ed., 2017-2020).

Antitrust and Platform Monopoly, 130 Yale L.J. (forthcoming 2021).

Digital Cluster Markets, __ Colum. Bus. L. Rev. __ (forthcoming 2021).

Vertical Control, NYU L. Rev. Online (forthcoming 2021).

Competitive Harm from Vertical Mergers, ___ Rev. Indus. Org. ___ (forthcoming 2021).

Antitrust Harm and Causation, __ Wash. Univ. L. Rev. __ (forthcoming 2021).

The Looming Crisis in Antitrust Economics, 101 B.U.L. Rev. 489 (2021).

Framing the Chicago School of Antitrust Analysis (with F. Scott Morton), 168 U. Pa. L. Rev. 1843 (2020).

FRAND and Antitrust, 105 Cornell L. Rev. 1683 (2020).

Statement to House Judiciary Committee Inquiry into Competition in Digital Markets (2020).

Apple vs. Pepper: Rationalizing Antitrust’s Indirect Purchaser Rule, 120 Colum. L. Rev. Forum 14 (2020).

Platforms and the Rule of Reason: the American Express Case, 2019 Colum. Bus. L. Rev. 35 (2019).

Is Antitrust’s Consumer Welfare Principle Imperiled?, 45 J. Corp. L. 65 (2019).

Regulation and the Marginalist Revolution, 71 Fl. L. Rev. 455 (2019).

Anticompetitive Mergers in Labor Markets (with I. Marinescu), 94 Ind. L.J.1031 (2019).

Horizontal Mergers, Market Structure, and Burdens of Proof (with C. Shapiro), 127 Yale L.J. 1996 (2018).

Horizontal Shareholding and Antitrust Policy (with F. Scott Morton), 127 Yale L.J. 2026 (2018).


Robert P. Inman, Richard King Mellon Professor of Finance (Emeritus); Professor of Finance and Economics, Business and Public Policy, Real Estate, The Wharton School

Democratic Federalism: Economics, Politics, and Law of Federal Governance (with D. Rubinfeld) (Princeton University Press, 2020).

Deterring Property Tax Delinquency in Philadelphia: an Experimental Evaluation of Nudge Strategies (with M. Chirico, C. Loeffler, J. MacDonald, and H. Sieg), 72.3 Nat’l Tax J. 479 (2019).


Jonathan Klick, Professor of Law

Review of the Literature on Diversity on Corporate Boards , Amer. Enterprise Inst. Monograph (2021).

Is the Digital Economy Too Concentrated? , Global Antitrust Institute, Report on the Digital Economy (2020).

Requiem for a Paradox: The Dubious Rise and Inevitable Fall of Hipster Antitrust (with J. Wright, E. Dorsey, and J. Rybnicek), 51:1 Ariz. St. L.J. 293 (2019).

History of Law and Economics (editor with H. Butler), Edward Elgar Publishing (2018).

What Should Empirical Legal Economists Do? , 174 :1 J. Inst’l & Theoretical Econ., 29 (2018).

The Logic and Limits of Event Studies in Securities Fraud Litigation (with J. Fisch & J. Gelbach) , 96 Tex. L. Rev. 553 (2018).


Michael S. Knoll, Theodore K. Warner Professor of Law, Professor of Real Estate, The Wharton School; Co-Director, Center for Tax Law & Policy

Steiner v. Utah: Designing a Constitutional Remedy (with R. Mason), 95 Tax Notes State 845 (2020).

Why the Supreme Court Should Grant Certiorari in Steiner v. Utah (with R. Mason), 95 Tax Notes State 377 (2020).

The Tax Cut and Jobs Act’s Incorporation “Incentives ,” Issue Brief, Penn Wharton Public Policy Initiative, vol. 7, no. 8, October 2019.

The Dormant Foreign Commerce Clause After Wynne (with R. Mason), 39 Va. Tax Rev. 357 (2020).

The TCJA and the Questionable Incentive to Incorporate, Part 2 , 162 Tax Notes 1447 (2019).

The TCJA and the Questionable Incentive to Incorporate , 162 Tax Notes 977 (2019).

The Modigliani-Miller Theorem at 60: The Long-Overlooked Legal Applications of Finance’s Foundational Theorem , 36 Yale J. on Reg. Bulletin 1 (2018).


George J. Mailath, Walter H. Annenberg Professor in the Social Sciences, Professor of Economics, School of Arts and Sciences

Learning under Diverse Views: Model-Based Inference (with L. Samuelson), 110 Amer. Econ. Rev. 1464 (2020).

The Curse of Long Horizons (with V. Bhaskar), 82 J. of Mathematical Econ. 74 (2019).

Modeling Strategic Behavior , World Scientific (2019).


Charles W. Mooney, Jr., Charles A. Heimbold, Jr. Professor of Law Emeritus

Beyond Intermediation: A New (FinTech) Model for Securities Holding Infrastructures , 22 U. Pa. J. Bus. L. 386 (2020).

An Essay on Pluralism in Financial Infrastructure Design: The Case of Securities Holding in the United States , in Financial Market Infrastructure: Law and Regulation (Jens-Hinrich Binder & Paolo Saguato Eds., Oxford University Press, 2020).

Lost in Transplantation? Modern Principles of Secured Transactions Law as Legal Transplants, in Secured Transactions Law in Asia: Principles, Perspectives and Reform (Louise Gullifer & Dora Neo Eds., Oxford, Hart Publishing, 2020).


David K. Musto, Ronald O. Perelman Professor in Finance, The Wharton School

Contracts with (Social) Benefits: The Implementation of Impact Investing (with C. Geczy, J. Jeffers, and A. Tucker) , J. Fin Econ. (forthcoming).

Commercial Paper, chapter in Handbook of Fixed Income Securities , (Ninth Ed., Frank Fabozzi, editor, forthcoming).

Robo-Advisors and the Growth of Index-Fund Investing, Fin Plan. Rev. , (forthcoming).


Gideon Parchomovsky, Robert G. Fuller Jr. Professor of Law

The Agent’s Problem (with A. Eckstein) , 70 Duke L. J. __ (forthcoming 2020).

Corporate Law for Good People (with Y. Feldman & A. Libson) , 115 Nw. U. L. Rev. ___ (forthcoming 2020).

Reversing the Fortunes of Active Funds (with A. Libson) , 99 Texas L. Rev. (forthcoming 2019).

Toward a Horizontal Fiduciary Duty in Corporate Law (with A. Eckstein) , 102 Cornell L. Rev. 1319 (2019).

Toward the Personalization of Copyright Law (with A. Libson) , 86 U. Chi. L. Rev. 527 (2019).


Elizabeth Pollman, Professor of Law; Co-Director, Institute for Law and Economics

The Corporate Governance Machine (with D. Lund), 121 Colum. L. Rev. _ (forthcoming 2021).

Research Handbook on Corporate Purpose and Personhood ​(Elizabeth Pollman & Robert B. Thompson eds., Edward Elgar Publishing forthcoming 2021).

The History and Revival of the Corporate Purpose Clause, 100 Tex. L. Rev._ (forthcoming 2021).

Private Company Lies , 109 Geo. L.J. 353 (forthcoming 2020).

Fiduciary Law and the Preservation of Trust in Business Relationships (with B. Broughman & D. G. Smith), in Fiduciaries and Trust: Ethics, Politics, Economics and Law (P. B. Miller & M. Harding eds., Cambridge 2020) .

Corporate Oversight and Disobedience , 72 Vand. L. Rev. 2013 (2019) (Symposium: “Corporate Accountability”).

Corporate Disobedience, 68 Duke L.J. 709 (2019).

Business Organizations: A Contemporary Approach (with A. Palmiter & F. Partnoy) (3d ed., West 2019).

Startup Governance , 168 U. Pa. L. Rev. 155 (2019).

Tech, Regulatory Arbitrage, and Limits , 20 Eur. Bus. Org. L. Rev. 567 (2019) (Oxford Business Law Symposium: “Centros and European Corporate Law: Twenty Years of Living Dangerously”).

Corporate Governance Beyond Economics , in Corporate Contract in Changing Times: Is The Law Keeping Up? (University of Chicago Press, S. Davidoff Solomon & R. Stuart Thomas eds., 2019).

Quasi Governments and Inchoate Law: Berle’s Vision of Limits on Corporate Power , 42 Seattle U. L. Rev. 617 (2019) (Berle X Symposium: “Berle and His World”).

Social and Asocial Enterprise , in The Cambridge Handbook of Social Enterprise Law (Cambridge University Press, B. Means & J. Yockey eds., 2018).


Andrew W. Postlewaite, Harry P. Kamen Professor of Economics, School of Arts and Sciences; Professor of Finance, The Wharton School

Economics: Between Prediction and Criticism (with I. Gilboa, L. Samuelson & D. Schmeidler), Int’l Econ. Rev. (2018).

Laws and Authority (with G. Mailath & S. Morris), 71:1 Res. Econ. 32 (2017).

Optimism and Pessimism with Expected Utility (with D. Dillenberger & K. Rozen), 71 J. of the Eur. Econ. Assoc. 32 (2017).

Premuneration Values and Investments in Matching Markets (with G. Mailath & L. Samuelson), 127 Econ. J. 2041 (2017).

A Dynamic Non-direct Implementation Mechanism for Interdependent Value Problems (with R. McLean), 101 Games & Econ. Behavior 34 (2017).


Michael R. Roberts, William H. Lawrence Professor of Finance, The Wharton School

This History of the Cross-Section of Stock Returns (with J. Linnainmaa), 31:7 Rev. Fin. Stud. 2606 (2018).


Amy Sepinwall, Associate Professor of Legal Studies and Business Ethics, The Wharton School

(Re)-Imagining Executive Criminal Liability, ___ J. Corp. L. ___(forthcoming 2022).

Conscience in Commerce, ___ Conn. L. Rev . ___ (forthcoming 2021).

Collective Goods and the Court, 97 Wash. U. L. Rev. 637 (2020) (with Eric Orts).


Reed Shuldiner, Alvin L. Snowiss Professor of Law

Marginal Rates Under the TCJA , 159 Tax Notes 1911 (June 25, 2018).

Was the AMT Effectively Repealed? , 159 Tax Notes 495 (April 23, 2018).


David A. Skeel, Jr., S. Samuel Arsht Professor of Corporate Law

The Corporation as Trinity, SEATTLE U. L. REV. (forthcoming 2022).

Distorted Choice in Corporate Bankruptcy, 130 YALE L.J. 366 (2020).

Bankruptcy’s Uneasy Shift to a Contract Paradigm (with G. Triantis), 166 U. Pa. L. Rev. 1777 (2018).

The Empty Idea of ‘Equality of Creditors’ , 166 U. Pa. L. Rev. 699 (2018).


Lucian (Luke) Taylor, Associate Professor of Finance, The Wharton School

Dissecting Bankruptcy Frictions (with W. Wei Dou, Wei Wang, and Wenyu Wang) , J. Fin. Econ. (forthcoming 2021).

Sustainable Investing in Equilibrium (with L. Pastor & R. Stambaugh), __ J. Fin. Econ. __ (forthcoming 2020).

Fund Tradeoffs (with L. Pastor & R. Stambaugh), 138 J. Fin. Econ. 614 (2020).

Inefficiencies and Externalities from Opportunistic Acquirers (with D. Li & W. Wang), 130 J. Fin. Econ. 265 (2018).


Michael L. Wachter, William B. and Mary Barb Johnson Professor of Law and Economics Emeritus

Finding the Right Balance in Appraisal Litigation: Deal Price, Deal Process, and Synergies (with M. Wachter), 73 Bus. Law 961 (Fall 2018).

The Importance of Being Dismissive: The Efficiency Role of Pleading Stage Evaluation of Shareholder Litigation (with L. Hamermesh), 42 J. Corp. L. 597 (2017).


Susan M. Wachter, Albert E. Sussman Professor of Real Estate, Professor of Finance, The Wharton School; Co-Director, Penn Institute for Urban Research

GSEs: Their Viability as Public Utilities (with R. Cooperstein and K. Fears), 31:1 Housing Pol’y Debate 33 (Feb. 2021).

The Mortgage Market as a Stimulus Channel in the Covid-19 Crisis (with E. Golding, L. Goodman, and R. Green), 31:1 Housing Pol’y Debate 66 (Feb. 2021).

Price Discovery Limits in the Credit Default Swap Market in the Financial Crisis (with A. Pavlov and E. Schwartz), 62:2 J. of Real Est. Fin. and Econ. 165 (February 2021).

Flood Risk and the U.S. Housing Market (C. Kousky, H. Kunreuther, and M. LaCour-Little), 29:1 J. of Housing Res. S23 (Nov. 2020).

Why the Ability-to-Repay Rule is Vital to Financial Security (with P. McCoy), 108:3 Georgetown L. Rev. 649 (Mar. 2020).

Mortgage Risk Premiums during the Housing Bubble (with A. Levitin & D. Lin), 60 J. of Real Est. Fin. & Econ. 421 (2020).

Endowments and Minority Homeownership (with A. Acolin & D. Lin), 21:1 Cityscape 5 (Mar. 2019).


Amy Wax, Robert Mundheim Professor of Law

The Third Parent Problem: Obergefell and Parent-Child Relations , forthcoming in the Nat’l Aff (Winter 2019).

Trust Me I’m an Expert: Scientific and Legal Expertise in Scalia’s Jurisprudence , in Scalia’s Constitution: Essays on Law and Education (Palgrave, Fall 2018).

What’s the Problem with Gatekeeping? , forthcoming in The Weekly Standard (Summer 2018).

Debating Immigration Restriction: the Case for Low and Slow , Georgetown J. of Law and Public Policy (forthcoming, Summer 2018).

The Perils of the Quest for Equal Results , First Things (forthcoming 2018).


Bilge Yilmaz, Wharton Private Equity Professor, Professor of Finance, The Wharton School

Regulating a Model (with Y. Leitner), 131:2 J. of Fin. Econ. 251 (2019).

Authority, Consensus and Governance (with A. Chakraborty), 30:12 Rev. of Fin. Stud. 4267 (2017).


David Zaring, Professor of Legal Studies & Business Ethics, The Wharton School

Modernizing the Bank Charter, 61 Wm. & Mary L. Rev. 1397 (2020).

The Foreign Affairs of the Federal Reserve (with P. Conti-Brown) , 44 J. Corp. L. 665 (2019).

The Federal Deregulation of Insurance, 97 Tex. L.Rev. 125 (2018).

Transactional Administration (with S. Davidoff Solomon) , 106 Geo. L.J. 1097 (2018).



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